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From economics Nobel Laureate Gary Becker and historian Guity Nashat Becker comes this collection of the economist's popular BusinessWeek columns. These 138 essays have fueled numerous debates, touching on hot-button issues from crime to organization of sports. The Beckers' surprising--and uncompromising--positions on drugs ("legalize them"), immigration ("auction off immigration slots"), welfare ("curtail it sharply"), and other topics provide a provocative commentary on our times.
This collection investigates how fundamental economic principles can be applied to analyze and resolve complex social and public policy issues. Gary S. Becker, a Nobel Laureate in Economics, utilizes his expertise in human capital and rational choice theory to evaluate diverse topics ranging from crime and drug policy to immigration and sports organization. The essays present a consistent framework that prioritizes market-based incentives and individual decision-making as the primary drivers of societal outcomes.
What You Will Find
Scope Limits
Experts recognize this work as a significant example of the Chicago School of Economics applied to popular discourse. Readers frequently note that the prose is accessible to non-economists while maintaining the rigorous logical consistency characteristic of Becker's academic research.
Page Count:
352
Publication Date:
1998-01-22
Publisher:
McGraw Hill
ISBN-10:
0070067090
ISBN-13:
9780070067097
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