Economics of Life: From Baseball to Affirmative Action to Immigration - How Real-world Issues Affect Our Everyday Life Book + PRICE WATCH * Amazon pricing is not included in price watch

Economics of Life: From Baseball to Affirmative Action to Immigration - How Real-world Issues Affect Our Everyday Life Book

"The great majority of people are more rational and make fewer mistakes in promoting their own interests than even well-intentioned government officials," writes this impressive couple (Gary won the 1992 Nobel Prize for Economics). The short, column-length essays that make up this volume first appeared in Business Week magazine and show for a popular audience how market incentives influence human behavior in countless ways. The Beckers criticize centralized planning, racial quotas and trade tariffs, and endorse drug legalization, privatized social security and school vouchers. They also veer into unexpected terrain, addressing religion, sports and marriage with keen insight.Read More

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  • Product Description

    Nobel Prize laureate, Business Week columnist and renowned University of Chicago economist Gary S. Becker answers these questions and many more in The Economics of Life. Becker has received global recognition and a Nobel Prize for his theory of economic reasoning-the importance of incentives in affecting individual behavior and the crucial role of markets in influencing the behavior of individuals. This is a collection of Becker's best essays-intriguing, eye-opening and controversial-culled from his Business Week columns, op-ed pieces for The Wall Street Journal, and other public policy writings. The Economics of Life shows how economic reasoning applies to everyone in all walks of life. Combined with historical perspectives by his wife, Guity Nashar Becker, a respected University of Illinois professor, this book covers topics as far ranging, and as controversial as: the changing role of women in modern economics; marriage contracts; privatizing social security; legalizing drugs; selling rights to immigrate; and discrimination against minorities.

  • 0070059438
  • 9780070059436
  • Gary S. Becker, Guity Nashat Becker
  • 1 October 1996
  • McGraw-Hill Publishing Co.
  • Hardcover (Book)
  • 352
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