- Egypt rights center raided, 2 Mubaraks acquitted
- New Mexico Supreme Court rules same-sex marriage constitutional
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- John McCain to Harry Reid: I’ll ‘kick the crap’ out of you
- Dogs that talk: Researchers seek $10K for ‘No More Woof’ technology
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- Britain orders airplane to rescue citizens from violent South Sudan
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Latest Robert Lucas Items
Had Julius Caesar met George Washington in 1760, he would not have experienced much of a cultural shock. Both belonged to a small class of elites who enjoyed the fruits of slave labor and land rents. For most people, barely anything had changed in terms of standards of living or life expectancy during the 1,800 years separating the Roman statesman from the leader of the American Revolution.
The economists won for research on the cause-and-effect relationship between the economy and policy instruments.