While the accumulation of capital has long been the golden rule for some growth theorists, such as Smith and Ricardo, Gary Becker in the 1950s placed human capital at the heart of this sector of ...
Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...
In business, the concepts of net worth and net value are often conflated, yet they embody different philosophies. "Net worth" is a quantitative measure of a company's financial health, calculated as ...
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