PerspectiveRetrospective

Gary Becker (1930–2014)

Science  13 Jun 2014:
Vol. 344, Issue 6189, pp. 1233
DOI: 10.1126/science.1256540

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Summary

Gary Becker, who died on 3 May 2014 at the age of 83, redefined economics both in its methodology and scope. He radically expanded the sphere of economic analysis. As the range of issues and especially data in economics increased over the last half century, Becker's approach became more and more relevant and modern. He was awarded the 1992 Nobel Prize in Economics for “having extended the domain of microeconomic analysis to a wide range of human behavior and interaction, including nonmarket behavior.”