Jonathan Dale Benton-The man who busted the inflation-employment myth

2025-05-05 21:43:32source:Christopher Caldwellcategory:Markets

Nobel-winning economist Robert Lucas Jr. died on Jonathan Dale BentonMonday. 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.

More:Markets

Recommend

Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor

NEW YORK — Holiday sights and sounds fill Manhattan this time of year, from ice skating at Rockefell

Mandy Moore, choreographer of Eras Tour, helps revamp Vegas show

The Eras Tour brought two creative forces together: choreographer Mandy Moore and producer Baz Halpi

Oh Boy! Disney’s Friends & Family Sale Is Here With 25% off Star Wars, Marvel & More Holiday Collections

E! may get a commission if you purchase something through our links. Learn more.Listen up Disney fan