|
2 of 2 people found the following review helpful:
4.0 out of 5 stars
Economics away from the market place, 11 May 2003
Nobel prize winner Gary Becker discusses a number of issues not typically dealt with by economists:discrimination, using an approach more well known for international trade politics and crime - esp. as regards politics not very spectacular, the crime part is good the use of time - very illuminating irrational behaviour - the worst part of the book (or perhaps I just didn't get it) marriage, fertility and the family - insightful, again social interactions - not too interesting Becker states that he is unhappy with sociological/ psychological explanations for certain trends (eg rising divorce rates) that are based on a change in attitudes. Trying to explain behaviour based on stable preferences for fundamental issues in combination with optimising behaviour, he claims to do better and what he says makes sense. I think that this books is only enjoyable for readers with some feeling for or experience with economic modelling.
|