Many (if not all) aspects of society - including law and crime - arguably have an economic implication, e.g. benefits and costs, and are therefore amenable to economic study. In this regard, Gary Becker was clearly one pivotal figure in this wider view and application of economics.
Monday, September 28, 2015
Gary Becker - An Intellectual Portrait (4)
Many (if not all) aspects of society - including law and crime - arguably have an economic implication, e.g. benefits and costs, and are therefore amenable to economic study. In this regard, Gary Becker was clearly one pivotal figure in this wider view and application of economics.
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