Gary Becker was an economist with rare imagination. He extended the domain of economic rationality to explain complex social behaviours
Gary Becker, a Nobel laureate in economics, died last week. With him ended a distinctive style of modelling behaviour, reminiscent of the insights of an Alfred Marshall blended with modern microeconomics. This is perhaps an extreme characterization. The Chicago economist continues to inspire others to think imaginatively about the complexities of the modern world.
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