Becker

Gary Becker was an influential economist known for applying economic analysis to various social issues beyond markets, such as education, crime, and family behavior. He viewed human behavior as driven by rational decisions, weighing costs and benefits. For example, he suggested that individuals decide whether to pursue education based on potential future earnings, or whether to commit a crime considering possible risks and rewards. His work helped expand economics into understanding personal choices and societal patterns, emphasizing that many human actions are influenced by economic incentives and personal costs, ultimately improving our understanding of social dynamics.