EPISODE · Feb 5, 2007 · 48 MIN
Bob Lucas on Growth, Poverty and Business Cycles
from EconTalk · host Library of Economics and Liberty
Bob Lucas, Nobel Laureate and professor of economics at the University of Chicago talks about wealth and poverty, what affects living standards around the world and over time, the causes of business cycles and the role of the money in our economy. Along the way, he talks about Jane Jacobs, immigration, and Milton Friedman's influence on his career.
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Bob Lucas on Growth, Poverty and Business Cycles
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