• 00:00    |    
    Liberty Fund: The Intellectual Portrait Series
  • 00:26    |    
    Introducing Gary S. Becker
  • 04:21    |    
    Conversations with Professor Gary S. Becker
  • 04:36    |    
    Changes in the economic profession - with Edward Glaeser
    • From subject to methodology
    • Discrimination in a market economy
    • The cost of discrimination
    • Racism and human differences
    • Stable preferences and ad hoc theorizing
    • From market equilibrium to maximizing behavior and the theory of fertility
    • Formation of preferences and behavior explanations
    • Future preferences and discount rates - Addictions and investing in patience
    • Rethinking the division of economic disciplines
  • 34:13    |    
    The relationship between law and economics - with Judge Richard A. Posner
    • Change and development in the field of law
    • Plateauing of the economic analysis of law
    • Economic approach on careers that minimize incentives
    • Public positions and interest groups
    • Democratic and non-democratic governments
    • Public choice theory on criminal laws
    • Interest group analysis on criminal laws
  • 01:00:01    |    
    Family and human capital - with Edward Lazear
    • The impact of physical capital on economic activity
    • Human capital and investments in education
    • Knowledge-based technology
    • The importance of women in the market
    • Women's education and birth rate demographics
    • Changes in fertility rates
    • Importance of public policy in fertility patterns
    • Morality and economic analysis
  • 01:28:15    |    
    Final credits

A Conversation with Gary S. Becker

New Media  | 01 de enero de 2003  | Vistas: 722

In this video, Liberty Fund presents a series of three conversations with Gary S. Becker, renowned economist, Nobel Memorial Price recipient, and key pioneer in the adaptation of economic principles to the concern of world affairs. In the first conversation, Becker and Harvard professor Edward Glaeser discuss the evolving nature of the economic profession, and his pivotal role in broadening the field to several aspects of life. In the second conversation, Becker and Judge Richard A. Posner examine the ongoing relationship between law and economics, exploring the challenges of placing crime and punishment within an economic framework. In the third conversation, Stanford professor Edward Lazear questions Becker about understanding the nature of human capital and its relationship to education. Becker shares crucial insights on the economic assessment of the role of family as the fundamental social unit. In only three discussions, Becker summarizes the concepts that lead him to spearhead the movement towards a new way of learning and applying economics.