THE 'HUMAN CAPITAL REVOLUTION' IN ECONOMICS

The idea that education and training could be regarded as a kind of capital is certainly an old one, though only in the turn to the fifties have these metaphors about the economic potential of education coalesced around the human capital research program. It is therefore relevant to investigate why...

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Bibliographic Details
Published in:History of economic ideas 2005-01, Vol.13 (2), p.129-148
Main Author: Teixeira, Pedro Nuno
Format: Article
Language:English
Subjects:
Economic development
Economic research
Economic value
Economics education
Human capital
Labor economics
Labor markets
Neoclassical economics
PAPERS FROM THE 2nd SIENA MEETING IN THE HISTORY OF ECONOMICS
Role of education
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Summary:The idea that education and training could be regarded as a kind of capital is certainly an old one, though only in the turn to the fifties have these metaphors about the economic potential of education coalesced around the human capital research program. It is therefore relevant to investigate why prior resistances gave way rather suddenly to such popularity among the discipline. This text analyses the changes brought about by the post ww ii context that turned human capital into a major area of research.
ISSN:1122-8792
1724-2169