| 1 | Name: | Dr. Robert E. Lucas | |
| Institution: | University of Chicago | ||
| Year Elected: | 1997 | ||
| Class: | 3. Social Sciences | ||
| Subdivision: | 302. Economics | ||
| Residency: | Resident | ||
| Living? : | Deceased | ||
| Birth Date: | 1938 | ||
| Death Date: | May 15, 2023 | ||
Robert Lucas, who was awarded the Nobel Memorial Prize in Economics in 1995, has been the single most influential intellectual force in macroeconomic theory in the past 30 years. He has led a generation of macroeconomists into a new style of work: explicitly dynamic, insistent on a particular equilibrium concept, attentive to the influence of expectation but insistent also on a particular way of formulating expectations and processing information. Dr. Lucas earned his B.A. and Ph.D. degrees from the University of Chicago and joined the faculty of his alma mater in 1975 after an 11-year stint at Carnegie Mellon University. Since 1980 he has held the univeristy's John Dewey Distinguished Service Professorship in Economics. | |||