A Treatise on the Family
2nd Enlarged edition
By (author) Gary S. Becker
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Treatise on the Family by Gary S. Becker
Book DescriptionImagine each family as a kind of little factory a multiperson unit producing meals, health, skills, children, and self-esteem from market goods and the time, skills, and knowledge of its members. This is only one of the remarkable concepts explored by Gary Becker in his landmark work on the family. Becker applies economic theory to the most sensitive and fateful personal decisions, such as choosing a spouse or having children. He uses the basic economic assumptions of maximizing behavior, stable preferences, arid equilibria in explicit or implicit markets to analyze the allocation of time to child care as well as to careers, to marriage and divorce in polygynous as well as monogamous societies, to the increase and decrease of wealth from one generation to another. The consideration of the family from this perspective has profound theoretical and practical implications. For example, Becker's analysis of assortative mating can be used to study matching processes generally. Becker extends the powerful tools of economic analysis to problems once considered the province of the sociologist, the anthropologist, and the historian. The obligation of these scholars to take account of his work thus constitutes an important step in the unification of the social sciences. "A Treatise on the Family" will have an impact on public policy as well. Becker shows that social welfare programs have significant effects on the allocation of resources within families. For example, social security taxes tend to reduce the amount of resources children give to their aged parents. The implications of these findings are obvious and far-reaching. With the publication of this extraordinary book, the family moves to the forefront of the research agenda in the social sciences."
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Book DetailsISBN: 9780674906990
(235mm x 152mm x 28mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 1-Oct-1993
Country of Publication: United States
Books By Author Gary S. Becker
Oxford Handbook of Human Capital, Hardback (February 2011)
This Handbook provides a much needed, authoritative, and inter-disciplinary survey of concepts, applications, and research on human capital, the stock of human capabilities and knowledge found in organizations. It is designed for scholars and graduate students in business and across the social sciences, as well as policy makers and practitioners.
Uncommon Sense, Paperback (September 2010)
On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize - winning economist Gary S Becker and renowned jurist and legal scholar Richard A Posner announced the formation of the Becker-Posner Blog. This book gathers the most important and innovative entries from the blog.
Milton Friedman on Economics, Paperback (February 2008)
Milton Friedman was lauded as the grandmaster of free-market economic theory in the postwar era. This book collects many of Friedman's papers on topics in economics that were published in the "Journal of Political Economy". It incorporates papers from 1948 to 1990. It is useful for those tracing the course of 20th century economics and politics.
Accounting for Tastes, Paperback (February 1998)» View all books by Gary S. Becker
Economists generally accept as a given the old adage that there is no accounting for tastes. The author disagrees, and confronts the problem of preferences and values: how they are formed and how they affect our behaviour. Areas extra to traditional economics are therefore touched upon.
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Author Biography - Gary S. Becker
Gary S. Becker is University Professor of Economics and Sociology at the University of Chicago. In 1992, he was awarded the Nobel Prize in Economics.
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