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Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education by Gary S. Becker |
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by Gary Becker
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by Gary S. Becker
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Editorial Reviews
Review
[Becker's] achievement has been to create an elegant structure, internally consistent and based on reasonable assumptions, and to use it to generate many testable propositions about how people grapple with the complexities of personal choice...[He] has helped to liberate economics from a straitjacket of oversimplification and narrowness of view.
--David Throsby (Times Literary Supplement )
Gary Becker has used his regular economics column in Business Week to communicate economic truths in plain English and to apply them to the issues of the day...[In this] collection of scholarly essays, Becker applies technically sophisticated economic arguments to work habits, parental altruism and other matters.
--David R. Henderson (Wall Street Journal )
The formation of preferences or tastes and the role tastes play in consumer behavior provide the underlying themes of Accounting for Tastes. Becker's goal in explaining this role is to extend the assumption that individuals behave in ways that maximize utility based on preferences independent of past and future behaviors...Becker's work shows that economic theory can be fruitfully applied to a wide range of questions in the social sciences. He has extended the borders of economics by applying an economic approach to the analysis of a number of questions considered by some to be primarily within the domain of social sciences other than economics...[Accounting for Tastes] is thought provoking.
--Peggy S. Berger (Journal of Consumer Affairs )
--David Throsby (Times Literary Supplement )
Gary Becker has used his regular economics column in Business Week to communicate economic truths in plain English and to apply them to the issues of the day...[In this] collection of scholarly essays, Becker applies technically sophisticated economic arguments to work habits, parental altruism and other matters.
--David R. Henderson (Wall Street Journal )
The formation of preferences or tastes and the role tastes play in consumer behavior provide the underlying themes of Accounting for Tastes. Becker's goal in explaining this role is to extend the assumption that individuals behave in ways that maximize utility based on preferences independent of past and future behaviors...Becker's work shows that economic theory can be fruitfully applied to a wide range of questions in the social sciences. He has extended the borders of economics by applying an economic approach to the analysis of a number of questions considered by some to be primarily within the domain of social sciences other than economics...[Accounting for Tastes] is thought provoking.
--Peggy S. Berger (Journal of Consumer Affairs )
Product Description
Economists generally accept as a given the old adage that there's no accounting for tastes. Nobel Laureate Gary Becker disagrees, and in this lively new collection he confronts the problem of preferences and values: how they are formed and how they affect our behavior. He argues that past experiences and social influences form two basic capital stocks: personal and social. He then applies these concepts to assessing the effects of advertising, the power of peer pressure, the nature of addiction, and the function of habits. This framework promises to illuminate many other realms of social life previously considered off-limits by economists.
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Inside This Book
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First Sentence:
Preferences or tastes play a crucial part in virtually all fields of study in economics and other social sciences, such as economic growth and capital accumulation, welfare analysis, effects of advertising, tax incidence, monopoly pricing, occupational choices, voting, peer pressure, and cultural influences. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
greater past consumption, addictive capital, structural demand function, adjacent complementarity, addictive goods, commodity demand curve, myopic model, eating capital, extended utility functions, rational addiction, state cigarette tax, altruistic parents, social income, excise tax rate, state excise taxes, cigarette prices, cross price effects, consumption coefficient, advertised goods, other human capital, selfish parents, cigarette addiction, unstable steady states, personal capital, good advertised Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, North Carolina, Adam Smith, Journal of Political Economy, Tobacco Tax Council, Crime Commission New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Preferences or tastes play a crucial part in virtually all fields of study in economics and other social sciences, such as economic growth and capital accumulation, welfare analysis, effects of advertising, tax incidence, monopoly pricing, occupational choices, voting, peer pressure, and cultural influences. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
greater past consumption, addictive capital, structural demand function, adjacent complementarity, addictive goods, commodity demand curve, myopic model, eating capital, extended utility functions, rational addiction, state cigarette tax, altruistic parents, social income, excise tax rate, state excise taxes, cigarette prices, cross price effects, consumption coefficient, advertised goods, other human capital, selfish parents, cigarette addiction, unstable steady states, personal capital, good advertised Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, North Carolina, Adam Smith, Journal of Political Economy, Tobacco Tax Council, Crime Commission New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 86
books:
See all 86 books this book cites
100
books
cite this book:
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- The Theory of Moral Sentiments (Great Books in Philosophy) by Adam Smith on page 123, and Back Matter
- The Federalist Papers (Signet Classics) by Alexander Hamilton on page 130, and Back Matter
- A Brief History of Time by Stephen Hawking on page 13, and page 200
- A Treatise on the Family: Enlarged Edition by Gary S. Becker on page 148, and Back Matter
- The Federalist Papers (Dodo Press) by James Madison on page 130, and Back Matter
See all 86 books this book cites
- The Insatiability of Human Wants: Economics and Aesthetics in Market Society by Regenia Gagnier on 6 pages
- The Monochrome Society (New Forum Books) by Amitai Etzioni in Back Matter (1), Back Matter (2), and Back Matter (3)
- Rational Choice Theory: Resisting Colonisation (Critical Realism: Interventions) by M. Archer on page 147, page 162, and Back Matter
- Rational Lives: Norms and Values in Politics and Society (American Politics and Political Economy Series) by Dennis Chong in Back Matter (1), Back Matter (2), and Back Matter (3)
- Ideology and Utopia in the Social Philosophy of the Libertarian Economists (Contributions in Economics and Economic History) by Rick Tilman on page 123, page 146, and page 150
See all 100 books citing this book
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67% buy the item featured on this page: Accounting for Tastes$22.50 |
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11% buy Social Economics: Market Behavior in a Social Environment $19.68 |
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9% buy Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education $18.90 |
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7% buy A Treatise on the Family: Enlarged Edition$37.50 |
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