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Integrating Human Capital with Human Development
The Path to a More Productive and Humane Economy
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For the most part, human capital theory emphasizes human cognitive development and the acquisition of knowledge and skills that enable enhanced productivity and earnings. In light of recent research findings, particularly concerning neurodevelopment and early childhood development, it is becoming apparent that this standard version of human capital theory has a far too limited conception of human capabilities and how they are created. This human capital theory is much too focused on cognitive learning and gives too little consideration to intangible, non-cognitive aspects of learning. Integrating Human Capital with Human Development considers recently accumulated knowledge related to the human brain's functioning and development to better understand the relationship between human capital and human development in successful economies. This exciting new volume is an important addition to the study of human capital and behavioral economics more broadly.
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