The Economics of Life: From Baseball to Affirmative Action to Immigration, How Real-World Issues Affect Our Everyday Life

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McGraw Hill Professional, Jan 22, 1998 - Business & Economics - 352 pages
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In The Economics of Life, Gary Becker and historian Guity Nashat Becker have collected the best of the economist's popular work from Business Week (where he is a monthly columnist). These thought-provoking essays show us where we have been and where, for better or worse, we are headed. Many of them aroused heated debate upon their original publication, and they will no doubt do so again. Extending well beyond the traditional range of economics, these 138 essays crisply address the changing role of women in modern economies, crime, immigration, drugs, marriage contracts, the effects of the stock market collapse in 1987, whether the Japanese stock market has been rigged, the organization of major league baseball and other sports, communism, competition between religions, the "Swedish way," discrimination against minorities. Supreme Court decisions, government spending, addictions, and many other topics.

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This McGraw-Hill publication printed by a firm called Quebecor has the most unreadable text I have seen in a book. Not only are parts of nearly every letter missing, but the ink has also bled into ... Read full review



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About the author (1998)

Gary S. Becker won the Nobel Prize for Economics in 1992 for his theory of "economic reasoning." Professor of Economics and Sociology at the University of Chicago, Becker writes a monthly column for Business Week, is a frequent editorialist for The Wall Street Journal, and is a regular guest on such television programs as The McNeil-Lehrer Report and Adam SmithÕs Money World. Guity Nashat Becker is Associate Professor of History at the University of Illinois at Chicago, a Fellow of the Hoover Institution, and a graduate of the Columbia University School of Journalism. She has written several books and appeared on many TV and radio programs. The Beckers live in Chicago.

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