"I conclude by listing several main points of this essay: 1. Human capital is of great importance in the modern economy. 2. Human capital has become of much greater significance during the past two decades. 3. Human capital is crucial to the international division of labor. 4. Much unmeasured learning goes on in companies and by adults. 5. People need to invest in themselves during their whole lives. 6. Distance learning will become of crucial importance to the teaching and learning process. 7. Human capital stimulates technological innovations and the high-tech sector."
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Academics from the United StatesBloggers from the United StatesLibertarians from the United StatesEconomists from the United StatesNobel laureates in Economics
Original Language: English
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"The Age of Human Capital", in Edward P. Lazear, Education in the Twenty-First Century (2002)
https://en.wikiquote.org/wiki/Gary_Becker
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Gary Becker
Gary Stanley Becker (December 2, 1930 – May 3, 2014) was an American economist and a professor of economics and sociology at the . Described as “the most important social scientist in the past 50 years” by the New York Times, Becker was awarded the Nobel Memorial Prize in Economic Sciences in 1992 and received the United States Presidential Medal of Freedom in 2007.
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