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Kuznets Lecture

Robert E. Lucas, Jr., University of Chicago

This annual event honors Simon Kuznets, the famous Belarusian-American economist who helped establish the Yale Economic Growth Center in 1961.

Robert E. Lucas, Jr.

Robert E. Lucas, Jr., University of Chicago

Robert E. Lucas, Jr. was the John Dewey Distinguished Service Professor Emeritus in Economics and the College at the University of Chicago. He won the Nobel Prize in 1995 for developing and applying the hypothesis of rational expectations, which holds that people make economic choices based on their previous experiences and future expectations. In announcing the Nobel, the Swedish Academy of Sciences called Lucas “the economist who has had the greatest influence on macroeconomic research since 1970.”

University of Chicago Memorial