Current:Home > FinancePoinbank Exchange|The man who busted the inflation-employment myth -RiskWatch
Poinbank Exchange|The man who busted the inflation-employment myth
NovaQuant Quantitative Think Tank Center View
Date:2025-04-08 23:23:33
Nobel-winning economist Robert Lucas Jr. died on Poinbank ExchangeMonday. His revolutionary theories transformed the field of macroeconomics. His influential "Lucas critique" argued economic policy must take into account people's decisions in reaction to the policy itself, and just as importantly, their expectations. Not only is he remembered as a brilliant mind, but a supportive colleague as well. On today's episode, we remember Robert Lucas and his legacy.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (643)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Shohei Ohtani gifts Ashley Kelly, wife of Dodgers reliever, Porsche in exchange for number
- What's making us happy: A guide to your weekend viewing
- Tunisians vote in local elections on Sunday to fill a new chamber as economy flatlines
- 'Most Whopper
- Georgia joins East Coast states calling on residents to look out for the blue land crab
- We Would Have Definitely RSVP'd Yes to These 2023 Celebrity Weddings
- Detroit Pistons now among biggest losers in sports history as skid reaches 26 games
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Video shows 5 robbers raiding Chanel store in Washington D.C., a mile from White House
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Alabama woman with rare double uterus gives birth to two children
- Contrary to politicians’ claims, offshore wind farms don’t kill whales. Here’s what to know.
- Man suspected of trying to steal items in Alaska shot by resident, authorities say
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Trump seeks delay of civil trial in E. Jean Carroll defamation suit
- New York governor vetoes bill that would make it easier for people to challenge their convictions
- 'Bless this home' signs, hard candies, wine: What tweens think 30-somethings want for Christmas
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Trump asking allies about possibility of Nikki Haley for vice president
Police suspect carbon monoxide killed couple and their son in western Michigan
Comedian Neel Nanda Dead at 32: Matt Rife and More Pay Tribute
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
A court in Romania rejects Andrew Tate’s request to visit his ailing mother in the UK
Inmate dies after he was found unresponsive at highly scrutinized West Virginia jail
2023 was a year of big anniversaries