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Robert Lucas

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Robert Lucas

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Also known as Robert Emerson Lucas Jr.

American economist (1937–2023)

AI overview

Robert Lucas was an American economist who lived from 1937 to 2023 and won the Nobel Prize in Economics for his influential work on how people's expectations about the future shape economic behavior. His ideas fundamentally changed how economists think about inflation, unemployment, and the effectiveness of government policies.

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Person · Open Library

Died
1776
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25

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3,981
Total plays
31,263

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bluesharmonica bluesbluesrockslide guitaraccoustic blues

Blues musician best known for his work with Canned Heat. The blues singer, guitarist and harmonica player Robert Lucas, who has died aged 46, apparently from a drug overdose, spent the last five years of the last century as the front man of the seemingly everlasting blues band Canned Heat. Lucas grew up in Long Beach, California, where he began playing harmonica at the age of 13 and slide guitar three years later. He also worked in a band led by the guitarist Bernie Pearl. <a href="https://www

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Wikidata facts

Image
La Revolución Industrial Pasado y Futuro, Robert E. Lucas Jr. screenshot (cropped).jpg
Number of children
2
Show 4 more facts
date of birth
1937-09-15
name in native language
Robert Emerson Lucas, Jr
date of death
2023-05-15
Commons category
Robert Lucas Jr.
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Article

Robert Emerson Lucas Jr. (September 15, 1937 – May 15, 2023) was an American economist at the University of Chicago. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Memorial Prize in Economic Sciences in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". N. Gregory Mankiw characterized him as "the most influential macroeconomist of the last quarter of the 20th century". In 2020, he ranked as the 10th most cited economist in the world.

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