The Economic Approach to Human Behavior
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Book Overview
Since his pioneering application of economic analysis to racial discrimination, Gary S. Becker has shown that an economic approach can provide a unified framework for understanding all human behavior. In a highly readable selection of essays Becker applies this approach to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior. "Becker's highly regarded work in economics is most notable in the imaginative application of 'the economic approach' to a surprising breadth of human activity. Becker's essays over the years have inevitably inspired a surge of research activity in testimony to the richness of his insights into human activities lying 'outside' the traditionally conceived economic markets. Perhaps no economist in our time has contributed more to expanding the area of interest to economists than Becker, and a number of these thought-provoking essays are collected in this book."--Choice Gary Becker was awarded the Nobel Prize in Economic Science in 1992.
Format:Hardcover
Language:English
ISBN:0226041115
ISBN13:9780226041117
Release Date:January 1976
Publisher:University of Chicago Press
Length:314 Pages
Weight:1.20 lbs.
Customer Reviews
2 ratings
Insightful
Published by Thriftbooks.com User , 21 years ago
Gary Becker is one of the most brilliant economists of our time, especially when it come to applying economics principles to non traditional areas. For example, Becker provides a rationale for altruistic behavior emerging in society, and he studies crime from the the perspective of a market economy of criminal activity. The book is somewhat technical, so a somewhat quantitative background is recommended.
A milestone of new economic thought
Published by Thriftbooks.com User , 25 years ago
This book is definitely a milestone of modern economic thought. It is one of the brightest signs of changing paradigm, from considering only those problems as 'economical' where prices and volumes could be estimated, to go beyond towards traditional areas of other sciences. Economics of family and of crime to name a few. Becker considers the decision making in these cases to show that it can be straight economical, the same as applied in a pricing or in a decision to produce. The judgement of Becker's 'economic imperialism', though, is a discussible point of view. To what extent economic reasoning can be applied is a matter of axioms underlying every economic theory. And these are not obvious but questionable instead. Therefore, it is my belief that this book should be read with a greater degree of criticism, just like any analysis of problems beyond 'traditional' scope of issues of economics.
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