Sunday, May 4, 2014

We have lost one of the giants

The great Gary Becker has apparently passed away. One of the most influential economists of the 20th century, along with Keynes and Friedman. He expanded the tools of economics into areas that had been treated as simply not important problems to study - crime, the family, discrimination, and many others. A most worthy posthumous inductee into the Shylock Holmes Order of Guys Who Kick Some Serious Ass.

Ave Atque Vale, Mr Becker. What little I know of microeconomics I owe to your wonderful instruction. I fear we shall not see your kind again soon.

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