Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education

Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education

by Gary S. Becker (Author)

Synopsis

"Human Capital" is Becker's study of how investment in an individual's education and training is similar to business investments in equipment. Becker looks at the effects of investment in education on earnings and employment, and shows how his theory measures the incentive for such investment, as well as the costs and returns from college and high school education. Another part of the study explores the relation between age and earnings. This edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labour, economic considerations within the family, and inequality in earnings.

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More Information

Format: Paperback
Pages: 412
Edition: 3
Publisher: University of Chicago Press
Published: 14 Mar 1994

ISBN 10: 0226041204
ISBN 13: 9780226041209

Author Bio
Gary S. Becker (1930-2014) was University Professor at the University of Chicago with a joint appointment in both the economics and sociology departments. He was the author of many books, including Human Capital: A Theoretical and Empirical Analysis and The Economics of Discrimination. He collaborated with Richard Posner on the Becker-Posner Blog, which formed the basis for their book Uncommon Sense: Economic Insights, from Marriage to Terrorism. Becker was awarded the Nobel Prize in Economics in 1992 and the Presidential Medal of Freedom in 2007.