Robert Lucas, Jr. quotes
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“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. -
“Once one starts to think about them, it is hard to think about anything else.”
-- Robert Lucas, Jr. -
“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 to think of anything else”
-- Robert Lucas, Jr. -
“Solitude is an essential quality of wilderness.”
-- Robert Lucas, Jr. -
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“In order to be universal, you have to be rooted in your own culture.”
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Source : Tinker v. Des Moines Independent Community School District, 1969.
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