"Human Capital" is Becker's study of how investment in an individual's education and training is similar to business investments in equipment. Becker looks at the effects of investment in education on earnings and employment, and shows how his theory measures the incentive for such investment, as well as the costs and returns from college and high ...
Economists generally accept as given the old adage that there's no accounting for tastes. Gary Becker disagrees, and in this collection he confronts the problem of preferences and values: how they are formed and how they affect our behaviour. In the process he explores puzzles of social life as well as some of society's problems. He observes, for ...
Others might have called this book Micro Theory or Price Theory. Becker's choice of "Economic Theory" as the title for his book reflects his deep belief that there is only one kind of economic theory, not separate theories for micro problems, macro problems, non-market decisions, and so on. Indeed, as he notes, the most promising development in ...
Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditiond by social and cultural forces. ...
Gary S. Becker is one of the few modern economists to apply economic theory to human behavior. He has won global recognition and a Nobel Prize for his theory of "economic reasoning," a provocative world-view that says our daily actions and choices are influenced more than we know by market forces and economic incentives. In "The Economics of Life" ...
This book views important social and political issues from an economic perspective. This approach asserts that all actions, whether working, playing, dating, or mating, have economic motivations and consequences, and can be analyzed using economic reasoning.
Gary Becker sees the family as a kind of little factory - a multiperson unit producing meals, health, skills, children and self-esteem from market goods and the time, skills, and knowledge of its members. Gary Becker won the 1992 Nobel Prize in Economics.
This work confronts the economic aspects of bias in the work force because of race, religion, sex, color, social class, personality, or other reasons, and demonstrates how discrimination by any group reduces its own real income as well as that of the persecuted minority.
In a highly readable collection of essays, Gary S. Becker applies his approach of economic analysis to the survey of various aspect of human activity, including social interactions: crime and punishment; marriage, fertility, and the family; and 'irrational' behavior.
On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize - winning economist Gary S. Becker and renowned jurist and legal scholar Richard A. Posner announced the formation of the Becker-Posner Blog. In no time at all, the blog had established a wide readership and reputation ...
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