"Issues like Black-White differences, male-female type of differences, and other sort of differences are, number one, very important to the economy and, number two, economists have something to say about that. These is very obvious statement, but that was considered heretical and some unacceptable," explains Gary Becker.
The Core Algorithm is the practical applications model to my conceptual framework - Theory of Algorithms. It is a meta-methodology, that is, a smart, adaptable method for identifying the methods that best serve whatever your purpose, issue or target. In brief, an algorithm is a way of solving a problem or steps for accomplishing a task, and is mathematical and non-mathematical (i.e., conceptual and practical). This blog is my introduction of its seminal applications.
Wednesday, September 16, 2015
Gary Becker - An Intellectual Portrait (2)
"Issues like Black-White differences, male-female type of differences, and other sort of differences are, number one, very important to the economy and, number two, economists have something to say about that. These is very obvious statement, but that was considered heretical and some unacceptable," explains Gary Becker.
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