Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not wizards, they should not try. — 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
