četrtek, 15. maj 2025

Robert Lucas: the rationality of capitalism

Originally posted on Michael Roberts Blog: Robert Lucas has died at the age of 85.  Lucas was a leading mainstream neoclassical economist at the University of Chicago – the bastion of neoclassical equilibrium economic theory.  In 1995, Lucas received a ‘Nobel prize’ for his theory of ‘rational expectations’.  He was regarded by Greg Mankiw, the… damijan.org več »

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