THE HUMAN-CAPITAL CENTURY AND AMERICAN LEADERSHIP: VIRTUES OF THE PAST
Claudia Goldin
The Journal of Economic History, 2001, vol. 61, issue 2, 263-292
Abstract:
The modern concept of the wealth of nations emerged by the early twentieth century. Capital embodied in people—human capital—mattered. The United States led all nations in mass postelementary education during the “human-capital century.” The American system of education was shaped by New World endowments and Republican ideology and was characterized by virtues including publicly funded mass education that was open and forgiving, academic yet practical, secular, gender neutral, and funded and controlled by small districts. The American educational template was a remarkable success, but recent educational concerns and policy have redefined some of its “virtues” as “vices.”
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (88)
Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)
Related works:
Working Paper: The Human-Capital Century and American Leadership: Virtues of the Past (2001) 
Working Paper: The Human Capital Century and American Leadership: Virtues of the Past (2001) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cup:jechis:v:61:y:2001:i:02:p:263-292_02
Access Statistics for this article
More articles in The Journal of Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().