Chile edges Portugal with 3-0 penalty shootout win for 2017 FIFA Confederations Cup finalSport June 29, 1:38
Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
NEW YORK, May 05, 7:20 /ITAR-TASS/. American economist and Nobel Prize Winner Gary S. Becker has died in the United States at the age of 83. The relatives of the scientist said Sunday that he had died on Saturday, May 3, in a hospital in Chicago, Illinois, after a long illness.
Gary Stanley Becker had been born on December 2, 1930 in the town of Pottsville, Pennsylvania. He had attended Princeton and Chicago Universities.
Another American economist, Milton Friedman, the founder of monetarism, had had a great influence on Becker's views.
Becker was awarded Nobel Prize in Economics in 1992 for the expansion of the sphere of macroeconomic analysis to a whole number of aspects of human behavior and interaction, including nonmarket behavior.
The scientist himself determined the essence of his scientific studies as an economic approach to social issues.The distinguishing feature of this approach is that any sphere of social life is viewed as a field for the application of economic analysis.
Becker authored more than ten fundamental researches and several tens of articles. In particular, he wrote the monographs "The Economics of Discrimination" (1957), "Human Capital" (1964), and "A Treatise on the Family" (1981). Becker stood at the rise of whole segments of economic theory the economics of discrimination, the economics of crime and punishment, and home economics. Nowadays it is hard to find a branch of socio-economic studies on which his works would not have an impact.