Robert Lucas Jr.

Economics American 1937 – 2023 103 quotes

A Nobel laureate who developed rational expectations theory, profoundly influencing macroeconomics and policy analysis.

Quotes by Robert Lucas Jr.

Key passage: Equilibrium is where plans are consistent.

Major work 1972

On politics: Free markets aren't perfect, but they're better than the alternatives.

Essay 1995

Reflection: My life's work was to make economics more scientific.

Autobiography 2015