George Stigler celebrated Gary Becker as theoclassical economics’ schwerpunkt that led their blitzkrieg assault on other social sciences. Stigler proudly called economics the “Imperial” discipline. The idea that imperialism was a desirable trait is a typical example of Stigler’s blindness to history and human suffering. Stigler famously proclaimed that economics alone was actually a social “science” because only it had a theory of human motivation (maximizing self-interest). The Sveriges Riksbank Prize announcement in 1992 cited Becker’s imperialistic forays into the family, human “capital,” discrimination, and crime as the basis of their award.
Bank Whistleblowers United
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