The Indicator from Planet Money | 19 May 2023 | 0h 09m | Listen Later | Podcasts
Robert Lucas has died at 85 (The Economist obituary). This episode remembers Lucas and his legacy, especially his influential “Lucas critique” that argued economic policy must take into account people’s expectations and decisions in reaction to the policy.
EconTalk | 5 February 2007 | 0h 48m | Listen Later | Spotify
2007 interview with Robert Lucas discussing wealth and poverty, what affects living standards around the world and over time, the causes of business cycles and the role of money in our economy, Jane Jacobs, immigration, and Milton Friedman’s influence on his career.
See also Noah Smith’s farewell to Robert Lucas.