Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. The rational expectations theory is a concept and ...

This article focuses on academic theory, away from the political debate on deflation and expectations. An analogy using physics is used to examine how economics has considered the formation of ...

Sometimes navigating the financial markets is like attempting to solve a jigsaw, except the image on the box is always shifting. When the future is unknown, how do investors make decisions? The idea ...

Rational expectations is a basic economic theory that originated with a paper written in 1972 by future Nobel Prize-winning economist Robert Lucas. The theory of rational expectations has been ...

'Rational Expectations' is a problematic theory in economics. Here I want to focus more away from economics; and more on the meanings of 'rationality' in decision-making, than on the problematic ...

A titan in the field of economics, Robert Emerson Lucas Jr (known to his devotees as "Bob") passed away on May 15 in Chicago. He was 85. Bob Lucas was awarded the Nobel Prize in Economics in 1995 for ...

Our economy does not always move on dotted lines. Many a time, our economic policies fail to produce the intended results despite our best efforts. If we were to name one factor that could shatter any ...