3 von 3 Kunden fanden die folgende Rezension hilfreich.
am 28. Mai 1999
Gary Becker turned his thesis paper into one of the classic works on discrimination. Becker demonstrated conclusively why irrational discrimination (or the overt act derived from the intent of racism, sexism, etc.) is difficult to maintain in a truly competitive economy. Competitors, seeking advantage, will hire victims of discrimination. Their labor costs will be lower. All else being equal, financial captial will flow to companies with lower labor costs, providing them with further competitive advantage. Eventually the price of labor for victims of discrimination will be "bid up" to the point where the marginal revenues from labor will equal the marginal cost of labor, at which point their average wages will reflect little, if any, loss of income from discrimination.
0 von 2 Kunden fanden die folgende Rezension hilfreich.
am 1. Februar 2000
I was forced to read this piece of garbage in the early 1980s and am surprised that my co-reviewer offered five stars. While Prof. Becker's theories may be stimulating to the Nobel Academy and his Chicago disciples, I found his conclusions vapid and unfulfilling.