So that's Lucas (1988) looping together Stigler AND Sims as ennemies of utopias. And Lucas is the "schizophrenic, utopian" one.
I think it's time to give up on history of macro. Again. pic.twitter.com/kzr5H7jUwx
— Beatrice Cherrier (@Undercoverhist) August 9, 2018
Robert Lucas on the utopianism of most economic advisors
23 Aug 2018 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, history of economic thought, Public Choice, Robert E. Lucas Tags: The pretence to knowledge
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