KeenBrain
KeenBrain
KeenBrain

Robert Lucas, Jr. Quotes


Share this page on

Quotes by Robert Lucas, Jr.

Showing 1-8 of 8 Quotes by Robert Lucas, Jr.

I obtained a Woodrow Wilson Doctoral Fellowship and entered the graduate program in History at the University of California. With no Greek or French and minimal Latin and German, I was in no position to pursue my classical interests, so I began work at Berkeley with little more than an open mind.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


I was born in 1937, in Yakima, Washington, the oldest child of Robert Emerson Lucas and Jane Templeton Lucas. My sister Jenepher was born in 1939 and my brother Peter in 1940. My parents had moved to Yakima from Seattle to open a small restaurant, The Lucas Ice Creamery.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


My parents were admirers of President Roosevelt and the New Deal. Their parents and most of our relatives and neighbors were Republicans, so they were self-conscious in their liberalism and took it as emblematic of their ability to think for themselves.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


I was good at math and science, and it was expected that I would attend the University of Washington in Seattle and become an engineer. But by the time I was seventeen, I was ready to leave home, a decision my parents agreed to support if I could obtain a scholarship. MIT did not grant me one, but the University of Chicago did.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


From the beginnings of modern monetary theory, in David Hume's marvelous essays of 1752, 'Of Money and Of Interest,' conclusions about the effect of changes in money have seemed to depend critically on the way in which the change is effected.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The central predictions of the quantity theory are that, in the long run, money growth should be neutral in its effects on the growth rate of production and should affect the inflation rate on a one-for-one basis.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Monetary contractions are attractive as the key shocks in the 1929-1933 years, and in other severe depressions, because there do not seem to be any other candidates.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The observation that money changes induce output changes in the same direction receives confirmation in some data sets but is hard to see in others. Large-scale reductions in money growth can be associated with large-scale depressions or, if carried out in the form of a credible reform, with no depression at all.

~Robert Lucas, Jr.

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Biography

Nationality: American

Type: Economist

Born: September 15th, 1937

Links

Find Robert Lucas, Jr. on Amazon

Related Authors

Milton Friedman
John Kenneth Galbraith
Alan Greenspan
Robert Reich
Murray Rothbard
Paul Samuelson
Thomas Sowell
Thorstein Veblen

Popular Authors

Anne Frank Kevin Gates Christopher Hitchens John F. Kennedy Robert Kennedy Dalai Lama Matthew Mcconaughey Dan Quayle

Change your beliefs...change your life.

Get a related quote or insight every day.

(it's 100% free)

Follow Us On

Today's Birthdays

1694 - Voltaire

1768 - Friedrich Schleiermacher

1787 - Bryan Procter

1863 - Arthur Quiller-Couch

1870 - Alexander Berkman

1886 - Harold Nicolson

1889 - Hugh Kingsmill

1898 - Rene Magritte

1904 - Coleman Hawkins

1907 - Jim Bishop

Birthdays on November 21st
All Birthdays

Popular Topics

Art Change Failure Home Men Motivational Moving On War