Kremlin urges Facebook to honor Russian lawsBusiness & Economy September 26, 13:53
Russian army to get bulk of Terminator armored vehicles in 2018Military & Defense September 26, 13:33
Putin congratulates Merkel on German election resultRussian Politics & Diplomacy September 26, 13:08
Press review: Why the US closed its base in Syria and EU aid to Donbass resumesPress Review September 26, 13:00
Russian diplomat warns against weapons supplies to UkraineRussian Politics & Diplomacy September 26, 12:47
Russia has evidence terrorists used sarin in April attack on Khan Sheikhoun — diplomatRussian Politics & Diplomacy September 26, 12:24
More than 2,000 VIM-Avia passengers stuck in foreign airportsBusiness & Economy September 26, 12:11
Russia has no plans to quit INF treaty — diplomatRussian Politics & Diplomacy September 26, 11:35
IS terrorist on international wanted list detained in SiberiaSociety & Culture September 26, 11:11
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.