Monday, September 14, 2015

Gary Becker - An Intellectual Portrait (1)



"We've [economists] changed really from being a field about subject to being a field about methodology, to being a field about approach. Of course certainly the general view is that you [Gary Becker] were the great figure moving us along that change," prompts Ed Glaeser.

A truly open, competitive market may reduce discrimination, but not quite eliminate it (rf. discrimination coefficient and nepotism coefficient).

 

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