Robert Lucas, Jr. Quotes

Robert Lucas, Jr.
American Economist
Born: Sep 15, 1937
Because Candidates Money Parents Think Work
Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell
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.
Parents Sister I Was Born Restaurant Brother Born Emerson Small Open Had Robert Child Moved Jane Ice Lucas Peter Washington Oldest Seattle
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.
Money Inflation Long Run Rate Neutral Long Run Quantity Affect Effects Central Predictions Should Production Theory Growth Growth Rate Basis

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