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

University of Chicago Press
3
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Human Capital is Becker's classic study of how investment in an individual's education and training is similar to business investments in equipment. Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics.

This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings.

"Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal
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About the author

Becker won the Nobel Prize for Economics in 1992. He is Professor of Economics and Sociology at the University of Chicago.

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Additional Information

Publisher
University of Chicago Press
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Published on
May 15, 2009
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Pages
412
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ISBN
9780226041223
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Language
English
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Genres
Business & Economics / General
Business & Economics / Human Resources & Personnel Management
Business & Economics / Labor
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Content Protection
This content is DRM protected.
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“The nation needs to be confronted with the crime that we’re committing and the promises we are betraying. This is a book about betrayal of the young, who have no power to defend themselves. It is not intended to make readers comfortable.”

Over the past several years, Jonathan Kozol has visited nearly 60 public schools. Virtually everywhere, he finds that conditions have grown worse for inner-city children in the 15 years since federal courts began dismantling the landmark ruling in Brown v. Board of Education. First, a state of nearly absolute apartheid now prevails in thousands of our schools. The segregation of black children has reverted to a level that the nation has not seen since 1968. Few of the students in these schools know white children any longer. Second, a protomilitary form of discipline has now emerged, modeled on stick-and-carrot methods of behavioral control traditionally used in prisons but targeted exclusively at black and Hispanic children. And third, as high-stakes testing takes on pathological and punitive dimensions, liberal education in our inner-city schools has been increasingly replaced by culturally barren and robotic methods of instruction that would be rejected out of hand by schools that serve the mainstream of society.

Filled with the passionate voices of children and their teachers and some of the most revered and trusted leaders in the black community, The Shame of the Nation is a triumph of firsthand reporting that pays tribute to those undefeated educators who persist against the odds, but directly challenges the chilling practices now being forced upon our urban systems by the Bush administration. In their place, Kozol offers a humane, dramatic challenge to our nation to fulfill at last the promise made some 50 years ago to all our youngest citizens.


From The Shame of the Nation

“I went to Washington to challenge the soft bigotry of low expectations,” the president said in his campaign for reelection in September 2004. “It’s working. It’s making a difference.” It is one of those deadly lies, which, by sheer repetition, is at length accepted by large numbers of Americans as, perhaps, a rough approximation of the truth. But it is not the truth, and it is not an innocent misstatement of the facts. It is a devious appeasement of the heartache of the parents of the poor and, if it is not forcefully resisted and denounced, it is going to lead our nation even further in a perilous direction.


Also available as a Random House AudioBook and an eBook


From the Hardcover edition.
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