Quotes by Robert Lucas, Jr. - Page 1

Most trails can be fairly simple.
Robert Lucas, Jr. / Economist
Simple
Trails
Copy Quote
Solitude is an essential quality of wilderness.
Robert Lucas, Jr. / Economist
Quality
Essentials
Solitude
Wilderness
Copy Quote
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. / Economist
Attractive
Candidates
Monetary
Severe
Depressions
Shocks
Copy Quote
The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.
Robert Lucas, Jr. / Economist
Economics
Economist
Thinking
Copy Quote
The consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard to think of anything else
Robert Lucas, Jr. / Economist
Economics
Thinking
Welfare
Copy Quote
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. / Economist
Effects
Inflation
Predictions
Quantity
Rate
Neutral
Affect
Central
Growth Rate
Long Run
Copy Quote
The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms.
Robert Lucas, Jr. / Economist
Order
Reform
Two
Copy Quote
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. / Economist
Essays
Marvelous
Monetary
Theory
David
Beginnings
Changes
Conclusions
Critically
Depend
Effect
Seemed
Copy Quote
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. / Economist
Liberalism
New Deal
Self Conscious
Admirers
Republicans
Neighbors
Relatives
Roosevelt
Copy Quote
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. / Economist
Sister
Born
Brother
Ice
Jane
Moved
Peter
Seattle
Child
Washington
Emerson
Small
Parents
Lucas
Oldest
Restaurant
Robert
Copy Quote
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. / Economist
Berkeley
California
Fellowship
Latin
Open Mind
Position
Program
Pursue
University
Wilson
German
Began
Classical
French
Entered
Graduate
Interests
Minimal
Obtained
The Graduate
University Of California
Woodrow
Copy Quote
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. / Economist
Confirmation
Credible
Data
Large Scale
Observation
Output
Associated
Carried
Depressions
Induce
Receives
Reductions
Same Direction
Sets
Copy Quote
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. / Economist
Chicago
If I Could
Math
Math And Science
Mit
Scholarship
Seattle
Seventeen
Agreed
Attend
By The Time
Science Time Good
Grant
Obtain
Copy Quote

Related Economist Authors

Thomas Sowell
Economist
Monday, Jun 30, 1930
William Stanley Jevons
Economist
Tuesday, Sep 01, 1835
Sunday, Aug 13, 1882
William Petty
Economist
Friday, May 26, 1623
Tuesday, Dec 16, 1687
William Forsyth Sharpe
Economist
Saturday, Jun 16, 1934
William Easterly
Economist
Saturday, Sep 07, 1957
William Beveridge
Economist
Wednesday, Mar 05, 1879
Saturday, Mar 16, 1963
William A. Niskanen
Economist
Monday, Mar 13, 1933
Wednesday, Oct 26, 2011
Willem Buiter
Economist
Monday, Sep 26, 1949
Will Hutton
Economist
Sunday, May 21, 1950
Werner Sombart
Economist
Monday, Jan 19, 1863
Sunday, May 18, 1941
Wassily Leontief
Economist
Sunday, Aug 05, 1906
Friday, Feb 05, 1999
Wang Anshi
Economist
Saturday, Dec 08, 1021
Friday, May 21, 1086
Walter Heller
Economist
Friday, Aug 27, 1915
Monday, Jun 15, 1987
Walter E. Williams
Economist
Tuesday, Jun 30, 1936
Walter Block
Economist
Thursday, Aug 21, 1941

View All Economist Quotes

Top Authors

Socrates
Philosopher
Thursday, Jan 01, 1970
Thursday, Jan 01, 1970
Paulo Coelho
Lyricist
Sunday, Aug 24, 1947
Sun Tzu
Strategist
Thursday, Jan 01, 1970
Thursday, Jan 01, 1970
Napoleon Hill
Author
Friday, Oct 26, 1883
Sunday, Nov 08, 1970
Henry David Thoreau
Author
Saturday, Jul 12, 1817
Tuesday, May 06, 1862
Billy Graham
Professional Wrestler
Monday, Jun 07, 1943
Robert Frost
Poet
Thursday, Mar 26, 1874
Tuesday, Jan 29, 1963
Steve Jobs
Entrepreneur
Thursday, Feb 24, 1955
Wednesday, Oct 05, 2011
George Orwell
Novelist
Thursday, Jun 25, 1903
Saturday, Jan 21, 1950
Oprah Winfrey
Media Proprietor
Friday, Jan 29, 1954
Marcus Aurelius
Roman Emperor
Saturday, Apr 26, 0121
Friday, Mar 17, 0180
Thomas Aquinas
Priest
Tuesday, Jan 28, 1225
Wednesday, Mar 07, 1274
Samuel Taylor Coleridge
Poet
Wednesday, Oct 21, 1772
Friday, Jul 25, 1834
Groucho Marx
Comedian
Thursday, Oct 02, 1890
Friday, Aug 19, 1977
Alfred Lord Tennyson
Poet
Saturday, Aug 05, 1809
Thursday, Oct 06, 1892

View All Authors

Robert Lucas, Jr. Quotes - Page 1

Picture Quotes Maker

Related Economist Authors

Popular Topic Tags

Top Authors

Share This Page

Stay Connected

Picture Quotes Maker

Related Economist Authors

Popular Topic Tags

Top Authors

Share This Page