Gary Becker
Gary Becker
Gary Stanley Becker was an American economist and a professor of economics and sociology at the University of Chicago. Described as “the most important social scientist in the past 50 years” by the New York Times, Becker was awarded the Nobel Memorial Prize in Economic Sciences in 1992 and received the United States Presidential Medal of Freedom in 2007...
NationalityAmerican
ProfessionTeacher
Date of Birth2 December 1930
CountryUnited States of America
commitment controls fair given illegal jobs legal likely men persons preference stem strict study wise women younger
Is it fair or wise to place strict controls on legal immigration when little is done to stem illegal entry? Preference should be given to younger persons who will get jobs and are likely to make a long-term commitment to the country, such as the many men and women who want to study at American universities.
analysis assumes behavior conceive consistent maximize welfare whether
The analysis assumes that individuals maximize welfare as they conceive it, whether they be selfish, altruistic, loyal, spiteful, or masochistic. Their behavior is forward-looking, and it is also consistent over time.
amount created crime crime-and-criminals determined economic environment including public social training
The amount of crime is determined not only by the rationality and preferences of would-be criminals, but also by the economic and social environment created by public policies, including expenditures on police, punishments for different crimes, and opportunities for employment, schooling, and training programs.
chinese greater yuan
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
economy freshmen including investors respond tax teach workers
That's what we teach all freshmen -- that investors and workers and everyone else in an economy respond in an important way to incentives, including tax incentives.
among compete critically depends developed disappears due employers eventually firm literature nature potential prejudice production tastes whether
A literature has developed on whether discrimination in the marketplace due to prejudice disappears in the long run. Whether employers who do not want to discriminate will eventually compete away all discriminating employers depends not only on the distribution of tastes for discrimination among potential employers, but critically also on the nature of firm production functions.
limited-time fundamentals constraints
The most fundamental constraint is limited time
past other-cultures trying
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.
punishment economics type
Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.
marriage children fighting
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?
chinese stronger accumulation
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
men effort different
My work on human capital began with an effort to calculate both private and social rates of return to men, women, blacks, and other groups from investments in different levels of education.
commitment years long
I argued last year on my shared blog that selling the right to immigrate would be the best approach to legal immigration. Among other benefits, the revenue from immigrants' payments could reduce taxes. Paying for the right to immigrate would also negate the argument that immigrants get a free ride when they gain health care and other benefits. Moreover, making immigrants pay would attract the type of immigrants who came much earlier in American history: young men and women who are reasonably skilled and want to make a long-term commitment to the United States.
motivation criminals different
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.