Gary S. Becker - Nobel laureate in Economics

Gary S. Becker was an influential American economist who won the Nobel Prize in Economics in 1992. He is renowned for applying economic principles to a wide range of social issues, such as education, crime, and family life. Becker's work emphasized how individuals make choices based on costs and benefits, not just in markets, but in their personal lives as well. His ideas helped expand the field of economics to study human behavior in various contexts, challenging traditional views and demonstrating that economic analysis can illuminate social problems.