\"Nobel Prize in Economics\" Robert Lucas Hand Signed 4X6 Card For Sale

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\"Nobel Prize in Economics\" Robert Lucas Hand Signed 4X6 Card:
$279.99

Up for sale the "Nobel Prize in Economics" Robert Lucas Hand Signed 4X6 Card. 

ES-4605

Robert

Emerson Lucas Jr. (born

September 15, 1937) is an American economist at the University of Chicago,

where he is currently the John Dewey Distinguished Service Professor Emeritus

in Economics and the College. Widely regarded as the central figure in the

development of the new classical approach to

macroeconomics,  he

received the Nobel Prize

in Economics in 1995 "for having developed and applied the

hypothesis of rational expectations, and thereby having transformed

macroeconomic analysis and deepened our understanding of economic policy". He has been characterized by N. Gregory Mankiw as "the most influential

macroeconomist of the last quarter of the 20th century." Lucas

was born in 1937 in Yakima, Washington, and

was the eldest child of Robert Emerson Lucas and Jane Templeton Lucas. Lucas

received his B.A. in History in 1959 from the University of Chicago.

While he was attending University of California,

Berkeley as a graduate student in 1959, Lucas left Berkeley due

to financial reasons and returned to Chicago in 1960, earning a Ph.D. in Economics in 1964. His dissertation "Substitution between

Labor and Capital in U.S. Manufacturing: 1929–1958" was written under the

supervision of H. Gregg Lewis and Dale Jorgenson. Lucas studied economics for his Ph.D. on

"quasi-Marxist" grounds. He believed that economics was the true

driver of history, and so he planned to immerse himself fully in economics and

then return to the history department. Following

his graduation, Lucas taught at the Graduate

School of Industrial Administration (now Tepper School of Business)

at Carnegie Mellon University until

1975, when he returned to the University of Chicago. After

his divorce from Rita Lucas, he married Nancy Stokey. They have collaborated in papers on growth theory, public finance, and monetary theory. Lucas has two sons: Stephen Lucas and Joseph

Lucas. A collection of his papers is housed at the Rubenstein Library at Duke University.

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