Remembering the Contributions of Lucas and Alchian

May 18, 2023 · 59m 23s
Remembering the Contributions of Lucas and Alchian
Description

Bob originally invited Brian Albrecht (Chief Economist of the https://laweconcenter.org/?doing_wp_cron=1684431672.3964641094207763671875) to discuss the work of Armen Alchian, but on the day of recording, Robert Lucas happened to die. Bob and...

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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: Mises.org/HAP396a
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Author Mises Institute
Organization Chad Parish
Website -
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