ECONOMICS: "I support the use of capital punishment for persons convicted of murder because, and only because, I believe it deters murders." By Gary S. Becker.
An earlier version of this essay appeared in the online journal The Economists’ Voice 3, no. 3, March 2006 (www.bepress.com). Available from the Hoover Press is The Essence of Becker, edited by Ramon Febrero and Pedro Schwartz. To order, call 800.935.2882 or visit www.hooverpress.org. 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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