"The Organization of Labor," http://ebooks.library.cornell.edu/cgi/t/text/pageviewer-idx?c=nora;cc=nora;g=moagrp;xc=1;q1=The%20Organization%20of%20Labor;rgn=full%20text;cite1=Powderly;cite1restrict=author;view=image;seq=0122;idno=nora0135-2;node=nora0135-2%3A2 North American Review, vol. 135, no. 2, whole no. 309 (Aug. 1882), pp. 118–9.
“I conclude by listing several main points of this essay:
1. Human capital is of great importance in the modern economy.
2. Human capital has become of much greater significance during the past two decades.
3. Human capital is crucial to the international division of labor.
4. Much unmeasured learning goes on in companies and by adults.
5. People need to invest in themselves during their whole lives.
6. Distance learning will become of crucial importance to the teaching and learning process.
7. Human capital stimulates technological innovations and the high-tech sector.”
"The Age of Human Capital", in Edward P. Lazear, Education in the Twenty-First Century (2002)
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Gary S. Becker 8
American economist 1930–2014Related quotes
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Source: Europe and the People Without History, 1982, Chapter 10, Crises and Differentiation in Capitalism, p. 298.
“Today knowledge and human capital are becoming an organisation’s key resources”
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Context: Today knowledge and human capital are becoming an organisation’s key resources, and the ability to find, attract and retain talent has become an essential skill that any successful organization must embrace.
“The most valuable of all capital is that invested in human beings;”
Source: Principles of Economics, (1890), p. 468 (9th ed. 2009).
Context: If we compare one country of the civilized world with another, or one part of England with another, or one trade in England with another, we find that the degradation of the working-classes varies almost uniformly with the amount of rough work done by women. The most valuable of all capital is that invested in human beings; and of that capital the most precious part is the result of the care and influence of the mother, so long as she retains her tender and unselfish instincts, and has not been hardened by the strain and stress of unfeminine work.