The Division of Labor, Coordination Costs, and Knowledge, by Gary S. Human Capital and the Rise and Fall of Families, by Gary S. The Rate of Return from High School Education Rates of Return from High School Education and Trends over Timeġ. Money Rates of Return to White Male College GraduatesĬorrelation between 'Ability' and EducationĬorrelation between Education and Other Human Capitalģ. Supplement: Estimating the Effect of Family Backgrounds on Earnings Relation between Earnings, Costs, and Rates of ReturnĪddendum: The Allocation of Time and Goods over TimeĪddendum: Education and the Distribution of Earnings: A Statistical Formulationĭistribution of Income: An Analytical Approach Investment in Human Capital: Rates of Returnġ. Investment in Human Capital: Effects on Earnings Becker gives people credit for having the power to reason and seek out their own best destiny.'- Wall Street Journal Read More about Human Capital Read Less about Human CapitalĤ. Becker’s style of thinking reduces humans to economic entities.

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

Human Capital by Gary S. Becker