Gary Becker, the Nobel laureate economist at the University of Chicago, has died.
Becker is perhaps best known for "human capital" theory, which talks about how one might, for example, come to think of education as an investment in one's future earnings. As the absolute normalcy of a statement like this would suggest, I think it's probably hard to overstate how influential Becker has been on the development of the neoliberal world we all inhabit. Foucault's analysis in Birth of Biopolitics is essential, as are the exchanges (here and here) between Becker, Bernard Harcourt (whose Illusion of Free Markets ought to be required reading), and the Foucauldian Francois Ewald.
As readers of this blog will know, I'm no fan of neoliberalism. But, as I tell my students, if you don't see neoliberalism at least as a temptation, you didn't get it.
Here is the U. of Chicago notice; here is Leiter.
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