All Stories

Human Capital, Matching and Labor Supply

Pierre-André Chiappori presented work strongly in the tradition of his friend and colleague Gary Becker—and inspired by two key Becker insights: human capital investment and assortative matching. Rather than separating the two, Chiappori considers h...

Strategy-Proofness, Investment Efficiency and Marginal Returns

In this presentation, Scott Duke Kominers noted that mechanism design tends to examine only the market clearing stage. The field treats human capital as a fixed or predetermined input, rather than a dynamic range of possibilities. His own model uncover...

On the Economics of Persuasion and Indoctrination

Efforts to persuade are an important part of economic activity. Advertising, promotions, political campaigns, and parental teachings within a household are just a few examples of economic persuasion. So what does the economic approach to human behavior...

Market and Nonmarket Benefits of Human Capital

What is the rate of return to schooling? This question—so central to Gary Becker's pioneering work on human capital— motivated the paper that James J. Heckman presented at the conference honoring his late colleague. In it, Heckman attempts to quant...

Demographics and Entrepreneurship: ­ Becker's Human Capital and Fertility Economics Applied

In work that combined these two strands of Becker’s work, Edward Lazear showed that countries with a younger population had greater levels of entrepreneurship. In “older” countries with a higher median age, the rates of entrepreneurship are lower...

Gary S. Becker Memorial Conference Dinner

Friends, colleagues, and students of the late Gary S. Becker gathered October 30, 2014, for dinner and presented warm tributes to this extraordinary economist and scholar. The dinner concluded a two-day conference celebrating Becker’s life and work.  

Human Capital, Development, and Growth

In a panel moderated by Lars Peter Hansen, Edward Glaeser, Claudia Goldin and Robert Lucas Jr. reflect on how Gary Becker’s work to understand the development of human capital shaped the research agenda in that vein for decades to come.

The Economics of Crime and the Law

In a panel moderated by Steven Levitt, William M. Landes, Casey Mulligan and Sam Peltzman reflect on Gary Becker’s legacy of applying microeconomic principles toward better understanding of the motivations driving criminal behavior.