Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledge and health by weighing the benefits and costs. Benefits include cultural and other non-monetary gains along with improvement in… — Gary Becker Copy Share Image
My work on human capital began with an effort to calculate both private and social rates of return to men, women, blacks, and other… — Gary Becker Copy Share Image
Different constraints are decisive for different situations, but the most fundamental constraint is limited time. — Gary Becker Copy Share Image
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications. — Gary Becker Copy Share Image
Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledge and health by… — Gary Becker Copy Share Image
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere. — Gary Becker Copy Share Image
Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not… — Gary Becker Copy Share Image
I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour — Gary Becker Copy Share Image
I argued last year on my shared blog that selling the right to immigrate would be the best approach to legal immigration. Among other… — Gary Becker Copy Share Image
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else. — Gary Becker Copy Share Image
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the… — Gary Becker Copy Share Image
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done… — Gary Becker Copy Share Image
Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also… — Gary Becker Copy Share Image
