Realizing a Society’s Full Potential Requires Investments in Human Capital That Enable Human Development

John F. Tomer

Chapter Chapter 10 in Integrating Human Capital with Human Development, 2016, pp 195-201 from Palgrave Macmillan

Abstract: Abstract There is no doubt that the standard HC concept developed by Gary Becker, Jacob Mincer, T. W. Schultz, and others has been extremely important. There is a very impressive body of mainstream HC research to point to. However, this standard version of HC used by mainstream economists has severe limitations. That is why I have argued in this book that economists and other social scientists ought to use a much broader concept of HC, one that fully reflects important realities of humans’ lives that the standard concept does not consider. Doing so would be tremendously beneficial for HC research in that it would help us understand many facets of human development not previously studied by economists.

Keywords: Technological Change; Computer User; Capitalist Society; Adverse Childhood Experience; Mainstream Economist (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:paichp:978-1-137-45674-8_10

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DOI: 10.1057/9781137456748_10

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