ECONOMICS: By Kevin Murphy and Gary S. Becker Nothing better exemplifies the need for a more rational antitrust policy than the federal government’s harassment of Microsoft. By Hoover fellow Gary S. Becker and Kevin Murphy. This essay originally appeared in Business Week, April 23, 2001. Available from the Hoover Press is The Essence of Becker, a volume of essays by the Nobel laureate economist. To order, call 800-935-2882. Gary S. Becker, who won the Nobel Memorial Prize for Economic Science in 1992, is the Rose-Marie and Jack R. Anderson Senior Fellow at the Hoover Institution and University Professor of Economics and Sociology at the University of Chicago. He is an expert in human capital, economics of the family, and economic analysis of crime, discrimination, and population. His current research focuses on habits and addictions, formation of preferences, human capital, and population growth. He is a featured monthly columnist for Business Week magazine and is one of the initial fellows of the Society of Labor Economists. In addition to being a Nobel laureate, Becker is a recipient of the 2007 Presidential Medal of Freedom. |
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