The analysis assumes that individuals maximize welfare as they conceive it, whether they be selfish, altruistic, loyal, spiteful, or masochistic. Their behavior is forward-looking, and it is also consistent over time.
More Quotes from Gary Becker:
A literature has developed on whether discrimination in the marketplace due to prejudice disappears in the long run. Whether employers who do not want to discriminate will eventually compete away all discriminating employers depends not only on the distribution of tastes for discrimination among potential employers, but critically also on the nature of firm production functions.Gary Becker
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.
Gary Becker
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?
Gary Becker
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
Gary Becker
Is it fair or wise to place strict controls on legal immigration when little is done to stem illegal entry Preference should be given to younger persons who will get jobs and are likely to make a long-term commitment to the country, such as the many men and women who want to study at American universities.
Gary Becker
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Based on Topics: Loyalty Quotes, Selfishness Quotes, Time QuotesBased on Keywords: altruistic, forward-looking, masochistic, spiteful
At twelve I was determined to shoot only For honor; at twenty not to shoot at all; I know at thirty-three that one must shoot As often as one gets the rare chance - In killing there is more than commentary.
Allen Tate
A love of books, of holding a book, turning its pages, looking at its pictures, and living its fascinating stories goes hand-in-hand with a love of learning.
Laura Bush
One of the true tests of leadership is the ability to recognize a problem before it becomes an emergency.
Arnold H. Glasow