The «Human Capital Revolution» in Economics

Pedro Teixeira

History of Economic Ideas, 2005, vol. 13, issue 2, 129-148

Abstract: The idea that education and training could be regarded as a kind of capital is certainly an old one, though only in the turn to the fifties have these metaphors about the economic potential of education coalesced around the human capital research program. It is therefore relevant to investigate why prior resistances gave way rather suddenly to such popularity among the discipline. This text analyses the changes brought about by the post ww ii context that turned human capital into a major area of research.

Date: 2005
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