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Gary Becker

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Gary Becker

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Also known as Gary Stanley Becker

American economist (1930-2014)

OverviewAI-generated

Gary Becker was a United States economist, university teacher, and criminologist. Born in Pottsville in 1930, he died in Chicago in 2014. He was educated at Princeton University and the University of Chicago, where he also served as an employer alongside Columbia University. His field of work was economics, and he was influenced by Alfred Marshall, Friedrich Hayek, Jacob Mincer, and Milton Friedman.

Becker received the Prize in Economic Sciences in Memory of Alfred Nobel, the John Bates Clark Medal, the National Medal of Science, and the Presidential Medal of Freedom. He was a member of the Pontifical Academy of Sciences, the National Academy of Sciences, the American Academy of Arts and Sciences, and the Mont Pelerin Society. Among his works are *Price Theory*, *New Economics of Human Behaviour*, and *Economics and the Good Life*. He was the doctoral supervisor of Isaac Ehrlich and had a child named Judy Becker.

Synthesized by Vinony from 40 facts across 9 sources: Wikidata, Crossref, Open Library, MusicBrainz, Last.fm, Firecrawl, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.

Person · Open Library

Works
7

Top works

  • New Voice for Teachers
  • Price Theory
  • New Economics of Human Behaviour
  • Economics and the Good Life
  • Bribe third world parents to keep their kids in school

via Open Library + Wikidata

Music · MusicBrainz

Type
Person
Country
US
Active from
1950-02-20
Active to
2017-09-03

via MusicBrainz · CC0

Listeners · Last.fm

Listeners
4
Total plays
4

<a href="https://www.last.fm/music/Gary+Becker">Read more on Last.fm</a>

via Last.fm · Gary Becker

Quotes

  • [ Milton Friedman was] the dominant member of the so-called Chicago school of economics [during his tenure at Chicago]... The economics department increasingly reflected his approach and interests. These included deep commitment to the truth, appreciation of markets and free enterprise, frank and blunt discussion, and enormous zeal to convince the heathen. But most important was the commitment to economic analysis as a powerful instrument for interpreting economic and social life.
  • [A] revenue-neutral carbon tax would benefit all Americans by eliminating the need for costly energy subsidies while promoting a level playing field for energy producers.
  • An efficient marriage market develops ‘‘shadow’’ prices to guide participants to marriages that will maximize their expected well-being. These prices, central to the analysis in this chapter and the subsequent one, are responsible for the more powerful implications found in these chapters than in traditional discussions of marriage. Some other approaches are evaluated in Chapter 4.
  • The phrase ‘marriage market’ is used metaphorically and signifies that the mating of human populations is highly systematic and structured.
  • The bumping of lower-quality men out of their marriages through competitive reductions in the incomes of higher-quality men continues until the incomes of the lowest quality men are reduced to their single levels.
  • [Gale and Shapley assumed that each person has] a given ranking [among] potential mates that determines rather than is determined by the equilibrium sorting.

via Wikiquote · CC BY-SA

Nobel Prize

  • The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1992

    for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour

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Encyclopedic overview

Gary Stanley Becker (/ˈbɛkər/; December 2, 1930 – May 3, 2014) was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of the third generation of the Chicago school of economics.

Becker was awarded the Nobel Memorial Prize in Economic Sciences in 1992 and received the United States Presidential Medal of Freedom in 2007. A 2011 survey of economics professors named Becker their favorite living economist over the age of 60, followed by Kenneth Arrow and Robert Solow. Economist Justin Wolfers called him "the most important social scientist in the past 50 years."

Excerpted from Wikipedia’s “Gary Becker” article, available under the CC BY-SA 4.0 licence.

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