Quote of the Day

His contributions represent a particular sort of genius: insight which not only seems obvious in hindsight, but which so substantially transforms the discipline that its effect is hard to appreciate all these years later. Is it really possible that family choices were not seen as appropriate material for economic analysis back in the day?

[. . .]

Mr Becker got social scientists to ask better questions. That is a phenomenal achievement.

Ryan Avent on the great Gary Becker.