Different constraints are decisive for different situations, but the most fundamental constraint is limited time.
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 inves… - Gary Becker
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 inves…
- Gary Becker
Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much richer set of values… - Gary Becker
Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much richer set of values…
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
Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also…
Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledg… - Gary Becker
Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledg…
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
Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not…
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else. - Gary Becker
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implicati… - Gary Becker
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implicati…
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married me… - Gary Becker
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married me…
The most fundamental constraint is limited time - Gary Becker
The most fundamental constraint is limited time
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