In essence, the idea of human capital wasn’t new. Adam Smith had pointed out long before how the skills and abilities acquired by workers (eg, training, education, etc) can add economic value to an enterprise. But Schultz had only recently become intrigued by the idea. He actively encouraged new faculty and PhD students to build a more robust and formalistic theory of human capital. Legend has it that Schultz suddenly grasped its importance after visiting an impoverished farm. He asked the threadbare owners why they were so content. Because they’d managed to send their children to school, they replied. It would guarantee a secure income for the family long into the future.
Uma leitura interessante e essencial para compreender o nosso tempo, aqui.
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