Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment… (read more)
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.
My work on human capital began with an effort to calculate both private and social rates of return to men,… (read more)
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many… (read more)
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in… (read more)
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas… (read more)
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.