Current：Home > ScamsThe man who busted the inflation-employment myth -MarketLink
The man who busted the inflation-employment myth
View
Date：2025-04-24 12:35:06
Nobel-winning economist Robert Lucas Jr. died on Monday. 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！ (86)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- How Solar Panels on a Church Rooftop Broke the Law in N.C.
- BMX Rider Pat Casey Dead at 29 After Accident at Motocross Park
- California library uses robots to help kids with autism learn and connect with the world around them
- Sonya Massey's father decries possible release of former deputy charged with her death
- Ahead of the Climate Summit, Environmental Groups Urge Biden to Champion Methane Reductions as a Quick Warming Fix
- Ahead of the Climate Summit, Environmental Groups Urge Biden to Champion Methane Reductions as a Quick Warming Fix
- The Ultimatum’s Xander Shares What’s Hard to Watch Back in Vanessa Relationship
- 'Most Whopper
- China’s Dramatic Solar Shift Could Take Sting Out of Trump’s Panel Tariffs
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Transcript: University of California president Michael Drake on Face the Nation, July 2, 2023
- BMX Rider Pat Casey Dead at 29 After Accident at Motocross Park
- Lala Kent Reacts to Raquel Leviss' Tearful Confession on Vanderpump Rules Reunion
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Minorities Targeted with Misinformation on Obama’s Clean Power Plan, Groups Say
- Jennifer Aniston Enters Her Gray Hair Era
- 9 shot, 2 suffer traumatic injuries at Wichita nightclub
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Read full text of Supreme Court student loan forgiveness decision striking down Biden's debt cancellation plan
State Department report on chaotic Afghan withdrawal details planning and communications failures
The Petroleum Industry May Want a Carbon Tax, but Biden and Congressional Republicans are Not Necessarily Fans
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
With an All-Hands-on-Deck International Summit, Biden Signals the US is Ready to Lead the World on Climate
Why Khloe Kardashian Doesn’t Feel “Complete Bond” With Son Tatum Thompson
This week on Sunday Morning (July 2)