Robert Emerson Lucas Jr. was an American economist at the University of Chicago. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Prize in Economics in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". He was characterized by N. Gregory Mankiw as "the most influential macroeconomist of the last quarter of the 20th century". In 2020, he ranked as the 10th most cited economist in the world.

Yakima is a city in, and the county seat of, Yakima County, Washington, United States, and the state's 11th most populous city. As of the 2020 census, the city had a total population of 96,968 and a metropolitan population of 256,728. The unincorporated suburban areas of West Valley and Terrace Heights are considered a part of greater Yakima.