Quotes by Gary Becker

Gary Becker

A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.

Assets

Chinese

Stronger

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 and preferences.

Assumption

Behavior

Self

Different constraints are decisive for different situations, but the most fundamental constraint is limited time.

Different

Fundamentals

Limited Time

Economy is the art of making the most of life.

Art

Economy

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.

Employment

Law

Trying

Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.

Philosophy

Political

Punishment

Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledge and health by weighing the benefits and costs. Benefits include cultural and other non-monetary gains along with improvement in earnings and occupations, while costs usually depend mainly on the foregone value of the time spent on these investments.

Analysis

Cost

Training

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour

Behaviour

Economics

Understanding

I argued last year on my shared blog that selling the right to immigrate would be the best approach to legal immigration. Among other benefits, the revenue from immigrants’ payments could reduce taxes. Paying for the right to immigrate would also negate the argument that immigrants get a free ride when they gain health care and other benefits. Moreover, making immigrants pay would attract the type of immigrants who came much earlier in American history: young men and women who are reasonably skilled and want to make a long-term commitment to the United States.

Commitment

Long

Years

I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.

Criminals

Different

Motivation

Follow The Behaviour University in order to get the greatest quotes from the greatest people of all time so that you can tap into your own greatness.

Analysis

Art

Assets

Assumption

Behavior

Behaviour

Children

Chinese

Commitment

Constraints

Cost

Criminals

Different

Economics

Economy

Effort

Employment

Fighting

Fundamentals

Interesting

Law

Limited Time

Long

Marriage

Men

Motivation

Other Cultures

Past

Philosophy

Political

Punishment

Return

Self

Stronger

Training

Trying

Understanding

Years

Yield

The Future Blueprint

Tool

The Home Therapist: Anti Anxiety

Tool

The Autobiography

Tool

The Behaviour Diary

Tool

The Dating Diary

Tool

The Relationship Therapist

Tool

Quotes by Gary Becker

Gary Becker

A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.

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 and preferences.

Different constraints are decisive for different situations, but the most fundamental constraint is limited time.

Economy is the art of making the most of life.

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.

Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour

I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.

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Topics by Gary Becker

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The Future Blueprint

The Home Therapist: Anti Anxiety

The Autobiography

The Behaviour Diary

The Dating Diary

The Relationship Therapist

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