152 - Predictably rational

19/05/2023 53 min
152 - Predictably rational

Listen "152 - Predictably rational"

Episode Synopsis

With the passing of Robert Lucas, the champion of rational expectations theory and one of the most influential economists of the last 50 years, we ask whether his legacy holds up. Plus, with unemployment edging up, consumer confidence down and wages continuing to disappoint, we look ahead to the RBA's June meeting.