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152 - Predictably rational
Manage episode 363762688 series 2125978
With the passing of Robert Lucas, the champion of rational expectations theory and one of the most influential economists of the last 50 years, we ask whether his legacy holds up. Plus, with unemployment edging up, consumer confidence down and wages continuing to disappoint, we look ahead to the RBA's June meeting.
200 episodes
Manage episode 363762688 series 2125978
With the passing of Robert Lucas, the champion of rational expectations theory and one of the most influential economists of the last 50 years, we ask whether his legacy holds up. Plus, with unemployment edging up, consumer confidence down and wages continuing to disappoint, we look ahead to the RBA's June meeting.
200 episodes
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