KnowraLucas critiqueLinked fromLinked fromThe 14 pages that link to Lucas critique, each with the reason it gives.All 14Broader topic 2Related 8Compared with 4Goodhart's lawCompared with: It shares the insight that people adapt to policy, but focuses on economic forecasts and policy rules.Cowles CommissionCompared with: It challenged the stability assumptions common in earlier structural econometric models.Christopher A. SimsCompared with: Sims’s skepticism about policy models shared its concern with unstable, poorly justified relationships.Lawrence KleinCompared with: It challenged the stability assumptions often used in the large-scale forecasting models Klein advanced.