Brilliant Becker
05/12/2014 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Gary Becker, Graphsandlaughs, MLS, Multiple listing service, Public speaking economist, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics
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.