Opportunity cost is the fundamental concept underlying all e... - Gary Becker

"Opportunity cost is the fundamental concept underlying all economic decision-making."

Gary Becker Philosophy

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."

"I've seen the worst humanity has to offer."

"Sometimes I wonder if the world is worth saving."

"Every choice shapes our destiny."

"Order is the foundation of a good life."