Leonard Rapping
id:
leonard-rapping-202-18340789
title:
Leonard Rapping
text:
Leonard Alan Rapping was an American economist, who advised several Federal agencies. He also helped develop theories on the interplay of human behavior and business cycles. He was most famous for his work with Robert E. Lucas which laid the foundations for real business cycle theory, which holds that the financial expectations of business executives and consumers help mold their decisions, therefore influencing economic outcomes. That theory helped analyze the 1970s phenomenon of "stagflation",
brand slug:
wiki
category slug:
encyclopedia
description:
American economist (1934–1991)
original url:
https://en.wikipedia.org/wiki/Leonard_Rapping
date created:
date modified:
2023-04-24T11:01:37Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/a/a2/Leonard_A_Rapping898.jpg","width":2242,"height":3429}
fields total:
13
integrity:
15