4.7 • 4.3K Ratings
🗓️ 10 July 2006
⏱️ 30 minutes
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0:00.0 | Welcome to Econ Talk, coming to you from the Library of Economics and Liberty. |
0:04.7 | I'm your host, Russ Roberts of George Mason University. |
0:07.6 | If you have comments or feedback, send email to Roberts at gmu.edu. |
0:13.9 | You can find more Econ Talk at www.econtalk.org along with readings and links related to this |
0:21.2 | podcast. |
0:22.7 | My guest today is Gary Becker, Professor of Economics and Sociology at the University |
0:27.0 | of Chicago. |
0:29.3 | Gary was awarded the Nobel Prize in Economics in 1992, and is perhaps the most creative economist |
0:34.8 | of, I don't know, the last 50 years, the last 100, just a, I suppose, a matter of taste |
0:39.5 | in judgment. |
0:41.0 | He's written widely on the economics of crime, discrimination, and the family. |
0:45.7 | And he received the Nobel Prize and has made his mark in the profession for extending |
0:49.2 | economics to such an enormously wider range of behavior than merely the financial. |
0:55.4 | And it's a pleasure and honor to have him on the show. |
0:58.4 | Good to be here, Russ. |
1:00.0 | Gary, I wonder if you could start by talking about the influence of your work on, on economists. |
1:05.7 | When you first started writing on the diverse topics that you've written on, there was |
1:11.6 | a lot of skepticism of the value of economics applied to these areas. |
1:15.9 | Over time, my perceptions, most, if not all, of that skepticism is faded, but I'd be |
1:21.1 | interested in your perception of how the profession has received your work and then used it. |
1:27.1 | Well, there's no question that initially there was a great deal of skepticism starting |
1:31.5 | with my first study and book on the economics of the subracial discrimination. |
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