Turkey, Russia reach agreement on S-400 air defense system deliveriesMilitary & Defense April 28, 13:38
Night rehearsal of Victory Day ParadeMilitary & Defense April 28, 13:31
Merkel to discuss Ukrainian crisis, Syria with PutinWorld April 28, 13:25
Press review: Putin, Abe talk Kurils and Kiev to call Crimea, Donbass 'Russian-occupied'Press Review April 28, 13:00
Russia’s Airborne Force to get advanced anti-tank missile systemsMilitary & Defense April 28, 12:37
OPCW ready to send experts to Syria’s Khan Sheikhoun, chief saysWorld April 28, 12:33
Engine failure stalls Renault car of Russia’s Sirotkin at F1 Sochi GP practiceSport April 28, 12:30
Russian state arms seller delivers modern weaponry worth over $10 bln to Latin AmericaMilitary & Defense April 28, 12:09
Prosecutor demands blogger get 3.5-year jail term for ‘catching Pokemon’ in churchSociety & Culture April 28, 11:51
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.