"This Chicago-style approach, sometimes known as ‘Price Theory’ because of the fundamental role that prices often play, is exemplified in the path-breaking work of Gary Becker, Ronald Coase, Milton Friedman, Sherwin Rosen, George Stigler, and many others. Price theory has shed light not only on the most fundamental topics of traditional economics (e.g. consumption, saving, taxation, regulation), but also pioneered the use of economic tools in studying a wide range of other human behavior (e.g. crime and corruption, discrimination, marriage)."
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Academics from the United StatesBloggers from the United StatesLibertarians from the United StatesEconomists from the United StatesNobel laureates in Economics
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"Mission statement prior to the inaugural conference at the Becker Center on Chicago Price Theory, April 2006," as described and cited in: , "How “Chicagoan” are Gary Becker’s Economic Models of Marriage?." Journal of the History of Economic Thought 32.3 (2010): 377.
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Gary Becker
Gary Stanley Becker (December 2, 1930 – May 3, 2014) was an American economist and a professor of economics and sociology at the . Described as “the most important social scientist in the past 50 years” by the New York Times, Becker was awarded the Nobel Memorial Prize in Economic Sciences in 1992 and received the United States Presidential Medal of Freedom in 2007.
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