Discover how Gary Becker’s economic approach transforms our understanding of human behavior and reveals surprising insights into everyday decisions.
Browsing Tag
Economic Theory
3 posts
Adam Smith: Masters Always Combine Not to Raise Wages
Adam Smith observed that employers, whom he called “masters,” often collude to…
John Maynard Keynes: The Market Can Remain Irrational Longer Than You Can Stay Solvent
Who else risks losing everything by underestimating how long market irrationality can persist? Discover the crucial insight from Keynes.