Gary Becker

Is Crime Just a Bad Business Decision? Re-evaluating Modern Justice with Becker's Calculus

Is Crime Just a Bad Business Decision? Re-evaluating Modern Justice with Becker’s Calculus

Once, Gary Becker was running late to a student’s oral exam. He needed to park. The legal lot was far away. The illegal spot was right there. So he did what any rational person might do. He weighed the fine, the probability of getting caught, and the time he would save. Then he parked illegally. […]

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Why We Should Sell Citizenship- Using Markets to Solve the Refugee Crisis

Why We Should Sell Citizenship: Using Markets to Solve the Refugee Crisis

There is something deeply uncomfortable about the idea of putting a price tag on belonging. Citizenship feels sacred, like love or loyalty. It is not supposed to be for sale. And yet, the Nobel laureate economist Gary Becker looked at the global refugee crisis and asked a question that makes most people squirm: what if

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Why You're Still Single- A Cost-Benefit Analysis of the Modern Dating Market (Gary Becker)

Gary Becker on Why You’re Still Single: A Cost-Benefit Analysis of the Modern Dating Market

You swipe left. You swipe right. You send clever messages into the void. You show up to coffee dates with people who looked better in their photos and told better stories in their bios. Six months later, you’re still doing the same dance. But here’s the twist: staying single might be the most rational decision

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