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Gary Becker Quotes: "Economy is the art of making the most of life."

Economy is the art of making the most of life.



Gary Becker Quotes: "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."

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.




Gary Becker Quotes: "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."

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.



Gary Becker Quotes: "Different constraints are decisive for different situations, but the most fundamental constraint is limited time."

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




Gary Becker Quotes: "Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications."

Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications.



Gary Becker Quotes: "The most fundamental constraint is limited time"

The most fundamental constraint is limited time



Gary Becker Quotes: "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 investments in different levels of education."

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 investments in different levels of education.




Gary Becker Quotes: "I was not sympathetic to the assumption that criminals had radically different motivations from everyone else."

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



Gary Becker Quotes: "The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries."

The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.



Gary Becker Quotes: "Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?"

Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?



Gary Becker Quotes: "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."

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.



Gary Becker Quotes: "A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere."

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