Brilliant Becker
05/12/2014 | | econ70, Economic forecasting, economist on radio, economist on TV, eisenberg and economics, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, funniest economist, funny housing economist, Gary Becker, Graphsandlaughs, graphsandlaughs and eisenberg, housing sales, MLS, mortgage banking, Multiple listing service, politics and economics, Public speaking economist
Last week Nobel Prize winning economist Gary Becker died. He was the first to use economics to explain social phenomena including discrimination, crime, divorce and family size. Based on observations over time and across cultures he concluded that the less income women could earn, the larger their families. This discovery has had huge policy implications. Today, it’s accepted that the best way to reduce population growth is to educate women.