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EPISODE · May 19, 2023 · 59 MIN

Remembering the Contributions of Lucas and Alchian

from The Human Action Podcast · host Mises Institute

Bob originally invited Brian Albrecht (Chief Economist of the International Center for Law & Economics) to discuss the work of Armen Alchian, but on the day of recording, Robert Lucas happened to die. Bob and Brian discuss rational expectations, real business cycle theory, and how Alchian cracked the military's top secrets. Brian on Alchian's famous "Costs and Outputs" paper: https://Mises.org/HAP396a

Episode metadata supplied by the publisher feed · Published May 19, 2023

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Remembering the Contributions of Lucas and Alchian

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