The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms. — Robert Lucas, Jr Copy Share Image
Once one starts to think about them, it is hard to think about anything else. — Robert Lucas, Jr Copy Share Image
The consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard… — Robert Lucas, Jr Copy Share Image
The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to… — Robert Lucas, Jr Copy Share Image
The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller… — Robert Lucas, Jr Copy Share Image
