Robert Lucas Jr., U. of C. economist who challenged previous views on government influence and won Nobel Prize, dies
Thank you for supporting our journalism. This article is available exclusively for our subscribers, who help fund our work at the Chicago Tribune.Nobel Prize winner Robert Lucas at a University of Chicago new conference on Oct. 10, 1995, after being awarded for economics.
“Bob was a true intellectual,” said U. of C. economics professor Esteban Rossi-Hansberg. “His idea came from a wide range of experiences and readings. Although those influences were complex, he aimed to be clear and transparent in his economic analysis. There was no agenda apart from understanding the economy. The analysis guided the research and led to answers.”
While working toward his Ph.D., Lucas took a job in 1963 at what now is Carnegie Mellon University in Pittsburgh, teaching there until 1974. Lucas used microeconomics to understand aggregate relationships that fit past data, and he developed models useful in predicting the impact of policy changes, Shimer said.
Hansen noted that Lucas was “more than happy to engage with young researchers provided they showed the willingness to be both serious and rigorous.”
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nobel Prize-winning UT Austin professor dies at 100John B. Goodenough, who won the Nobel Prize in Chemistry in 2019 for his work on the development of the lithium-ion battery, died Sunday at the age of 100, says the university.
Read more »
John Goodenough, a Nobel Prize-winning co-creator of the revolutionary lithium battery, dies at 100John Goodenough, who shared the 2019 Nobel Prize in chemistry for his work developing the lithium-ion battery that transformed technology with rechargeable power for devices ranging from cellphones, computers and pacemakers to electric cars, has died at 100
Read more »
John Goodenough, a Nobel Prize-winning co-creator of the revolutionary lithium battery, dies at 100Goodenough died Sunday at an assisted living facility in Austin, the University of Texas announced.
Read more »
How Star Wars' Lightsaber Duels Have Changed (& Improved) Since George LucasLightsaber duels have always been a staple of Star Wars, yet modern productions prove the fights have changed - and even improved - from Lucas’ films.
Read more »
John Goodenough, Nobel laureate and battery pioneer, dies at 100 - AutoblogNobel laureate John Goodenough, a pioneer in lithium-ion batteries that today power millions of electric vehicles, died just a month short of turning 101.
Read more »