Interview with Gary Becker

This is the fourth in a series of interviews with Chicago School economists. Read "After the Blowup," John Cassidy's story on Chicago economists and the financial crisis. (Subscribers only.)

I met Becker in his office at the economics department. I began by telling him I had been speaking with his friend and co-blogger Richard Posner, and I asked whether he agreed with Posner that the events of the past two years had called Chicago School economics into question.

Gary Becker: No. I think the ...