ABSTRACT

The orthodox economist's way of thinking about behavior is one where economic agents, both as individuals as well as part of a larger community, face resource limitations that force them to make choices. Gary Becker's research includes the impact of positive and negative habits such as punctuality and alcoholism on human capital. Economists might seem to deserve credit for explicitly raising the question of the relationship between the rates of profit on educational investment and on economic investment. The foregoing contains several otherwise commonly used terms that from our own socioeconomic-structuralist perspective should be recast. The educational utopia described above has its origin in seventeenth-century English liberalism. The seventeenth-century English liberal was a radically isolated, pleasure-seeking materialist. Self-preservation is, logically and naturally, the most fundamental right and deepest desire of brute beasts. The neoclassical analytical framework takes individual preferences as given and stable, assuming that persons have a particular and constant set of "tastes," "values," or "aspirations".