Robert Lucas Early Life History

his journey to get an education. With the education of engineering, he became a surveyor and

Louis Laurent Marie Clerc was born into an important family on December 26, 1785 in southeastern France. His father, Joseph Francois, was the justice of the peace from 1780 to 1814 and also was the mayor of their village. His mother was a magistrate in another town. Furthermore, his family knew and practiced law.

Over time, this powerful theoretical proposition has become a legitimating cornerstone for the robust defense of market capitalism, a particular ensemble of political institutions, and a specific line of justification for liberal ideas and values. Though manifestly plausible as an accurate reading of Smith when Wealth of Nations is read on its own, even on these terms, this interpretation, is limited and partial. Astonishingly, and disappointingly, most readers of Wealth of Nations fail to attend the very next sentence that follows Smith's seemingly transhistorical, objectivist theory of human dispositions, mindful of Mandeville's classical representation of human egoism. Smith immediately probed more deeply by asking "Whether this propensity be one of those original principles in human nature of which no further account can be given; or whether, as

They aren’t born. They are made. Shaped by hard work and passion, these brave men and women have shown incredible, courageous and selfless acts to help, safe or protect their surroundings.

Consequently, Keynes brought clarity to the subject of the Great Depression and unemployment, his argument suggested that unemployment may not be a temporary condition that the system could naturally recover. Keynes believed that unemployment could in fact reach equilibrium. In this article the Depression was seen as a condition of unemployment brought about a

He work throughout his young years and became very wise. When he was 16 he Enrolled in king’s college.

George Lucas is most known for creating the famous Star Wars and Indiana Jones movies. He was born on May 14, 1944 in Modesto, California. His full name is George Walton Lucas Jr. His father’s name is George Walton Lucas Sr., and his mother’s name is Dorothy Ellinore Bomberger. George Lucas’ wife was Marcia Lou Griffin (Lucas) from 1969-1983. He had a long term relationship with Linda Ronstadt. Currently, his wife is Mellody Hobson. Lucas adopted Amanda Lucas, Katie Lucas, and Jett Lucas. Lucas and Hobson had a daughter named Everest Hobson Lucas.

Keynes initiated a revolution in economic thinking by challenging the beliefs that neoclassical economists held. He argued that their ideas that free markets would naturally provide full employment in the short to medium term is

Robert Gould Shaw was born in Boston, Massachusetts. His family lived off the inheritance of his merchant grandfather. He was born into a prominent abolitionists family. Abolitionists are people who wanted slavery to end. His parents were Francis George Shaw and Sarah Blake Sturgis Shaw, and he had four sisters: Anna, Josephine, Susannah and Ellen. He was a Unitarian. A Unitarian is a person, especially a Christian, who asserts the unity of God and rejects the doctrine of the Trinity.

engineer to be introduced into the National Academy of Engineering. He was added to the

Professed "painter of the Reformation," Lucas Cranach the Elder created many pieces of artwork during his career, but his work that sprouted from the end of the Renaissance and beginning of the Reformation was truly inspiring (Johnson). Judith with the Head of Holofernes, an inspiring oil on panel by Cranach, impacted society in multiple ways that would remain influential even after his death. Cranach's work played a critical role in the beginning of the Reformation and pleased the royal court in Germany during the mid 1500s, which allowed him to rise as an artist and support dangerous organizations in his spare time. This enthralling artist's specific piece was the beginning of a religious motif that would appear in his later works and

Since the early days of the United States, the Founding Fathers and other brilliant minds sought ways to understand and make sense of the inner workings of society and the economic market. Out of the many thinkers and developers of that time period, perhaps none made so great an impact on American society as the Scottish contemporary philosopher and political economist, Adam Smith—who is most known for his influential work, An Inquiry into the Nature and Causes of the Wealth of Nations, By the early nineteenth century, other streams of economic theory emerged from various individuals who were also influenced by the ideas of Smith. Some of these individuals included David Ricardo, Karl Marx and later John Maynard Keynes and Milton Friedman—each of whom contributed their own ideas on economic activity. However, it was Smith’s ideas on capitalism and his laissez-faire approach to free markets that have transcended other economic theories and continue to impact American economic thought to this day.

John Maynard Keynes fostered a school of thought that came to be known after him,

In 1995, Lucas was awarded the Noble Prize in economics, for having developed and applied the hypothesis of Rational Expectation. This, transformed macroeconomics analysis and deepened everyone’s understanding of economic policy. More than any other person in the period from 1970 to 2000, Lucas revolutionized macroeconomic theory. Most of his work led to the work of Finn Kydland and Edward Prescott, which also won them the noble prize

When I first looked into finding this book I didn’t think much of it as I just thought it was just another type of text book or some sort. I was thinking that this would be some kind of auto biography or something I would not be interested in. In fact after reading this book I was stunned by the different views and aspects of economics that was explain and I would had never thought about them in that sort of way. This book covers a lot about we discussed in class. This book explains different examples of economic concepts that may be used in our daily lives. They