The household production function explains how families crea... - Gary Becker

"The household production function explains how families create welfare from raw inputs."

Gary Becker Family

Economist Sociologist American 1930–2014

More from Gary Becker

"The most valuable of all capital is that invested in human beings."

"Economics is not about money; it is about life and society."

"Human capital is the most important form of capital."

"Time is the ultimate scarce resource."

"A man's home is his castle."

"Family is everything to me."

"Life's greatest treasure is the love of family."

"A woman's place is in the home... making it a happy one."