Here are 100 books that Human Capital fans have personally recommended if you like
Human Capital.
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I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.
Theodore Schultz, a personal friend, was President of the American Economics Association, and Head of the Economics Department at the University of Chicago.
He is generally regarded as the father of Human Capital theory and analysis, is the one who hired Gary Becker from Columbia University, and his Presidential Address to the American Economics Association in 1960 is widely cited as the beginning of the human capital revolution in economics.
It transformed the fields of economic growth where modern endogenous growth models are currently the mainstream, the fields of labor economics, home economics, the economics of education, and is in the process of revolutionizing the field of economic development (with ‘endogenous development’).
This highly readable and interesting book will give the reader a basic understanding of human capital analysis. Its roots are in Becker’s Economic Journal article on “the economics of the allocation of human time”.
It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.
The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…
I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.
I recommend this collection of articles because it gives a readable and clear view of the connection of the benefits of education to education finance and brings in for the first time the distribution of both the benefits and the costs of education.
Kern Alexander is well known as the father of equity as it relates to education and education finance. His article on the “Concept of Equity in School Finance” which is Chapter 10 in his book sets the stage for 9 additional articles that follow on essentially all of the key aspects of distribution of the benefits among children and families and of costs among families and taxpayers.
This follows the nine Chapters on economic efficiency in education, which explore in greater depth many of the aspects already introduced above. These include the “Human Capital Approach” by Theodore W. Schultz, “The Social and Economic Externalities of Education”, “The…
This book concerns the rationale for efficient investment of public financial resources in public schools and the equitable deployment of those resources. It is a collection of the writings of scholars who have turned their attention to these issues and have published thoughtful articles in the Journal of Education Finance and its predecessor organization, The National Educational Finance Project. The Journal of Education Finance has been published for 33 years and over that long period has been the source of many outstanding articles of which the chapters in this book are representative. The 19 chapters were chosen because they combine…
I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.
I strongly recommend this book because it is clearly written, explains the methods of estimation, and provides an excellent overview of the extensive worldwide research on the returns to education based on earnings.
It certainly influenced me. It had a massive impact on World Bank lending policies in support of economic development in developing countries. It replaced the kinds of Bank physical capital investment policies such as those supporting dam construction, projects that included educating only for a few people on how to operate dams, with education sector-wide loans that support primary and junior secondary education of the labor force.
Some of these dams later washed out, and forests were destroyed in support of development. The book shows how the returns to investment in primary and secondary education are higher in developing countries where the labor force is often nearly illiterate than they are to investing in other higher levels…
Hardback. Jacket a little sunned, worn, with several small nicks along top edge. Boards a little worn at edges only. Previous owner's name label on front endpaper; contents otherwise clean and sound throughout. TPW
A Duke with rigid opinions, a Lady whose beliefs conflict with his, a long disputed parcel of land, a conniving neighbour, a desperate collaboration, a failure of trust, a love found despite it all.
Alexander Cavendish, Duke of Ravensworth, returned from war to find that his father and brother had…
I grew up in a middle-class family in Palo Alto, California, during the years when the community transformed from a quiet college town to a hub of the technology sector’s Silicon Valley. While multiple family members and friends were part of this boom, I found myself questioning what all this “progress” meant and for whom. These questions led me across Latin America, South Asia, and Southeast Asia. I collaborated with grassroots efforts in which community-led groups successfully stopped extractive “development” projects and instead built alternative pathways to economic flourishing.
In my (continued) learning about what it takes to change our economic systems and what else is possible, these books have been important reads for me.
This is a haunting and eye opening book that forever changed how I view business-as-usual management and accounting practices – and where these seemingly mundane and harmless ways of operating came from.
I love the way that Caitlin writes with both such precision and bravery – she is not afraid to boldly reveal ugly histories and truths about the origins of modern-day business as usual, while also being careful to not overstate or generalize.
She is one of my hero(ines) for how we can wield the tools of research and writing in support of needed change and awakening.
"Slavery in the United States was a business. A morally reprehensible and very profitable business...Rosenthal argues that slaveholders in the American South and Caribbean were using advanced management and accounting techniques long before their northern counterparts. Techniques that are still used by businesses today." Marketplace
A Politico Great Weekend Read
Accounting for Slavery is a unique contribution to the decades-long effort to understand New World slavery's complex relationship with capitalism. Through careful analysis of plantation records, Caitlin Rosenthal explores the development of quantitative management practices on West Indian and Southern plantations. She shows how planter-capitalists built sophisticated organizational structures and…
Inequality and fairness are basic issues in human conflict and cooperation that have long fascinated me. Growing up in Louisville, Kentucky, I was confronted with the extreme racial segregation of schools and neighborhoods. My Catholic upbringing taught me to cherish the cardinal virtues of justice, wisdom, courage, and temperance, and my education in political economy taught me that markets can fairly and efficiently allocate resources, when legal power is evenly shared. My formal education culminated in a Ph.D. in Public Affairs from Princeton University, which led me to my current roles: Non-resident Senior Fellow at the Brookings Institution and Principal Economist at Gallup. I care deeply about the social conditions that create cooperation and conflict.
To understand why some workers are paid more than others, you have to understand how skills are valued and rewarded in the labor market, and how that has changed, as the economy has evolved.
Focused on the United States, Katz and Goldin provide a sweeping overview of how education leads to skills and income, drawing on the most well-established theories in economics. It misses some important causes of inequality, but is essential for understanding the one of the deepest economic forces governing wages: the supply and demand of human capital.
This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the…
The future of talent management is now. I’m a teacher, consultant, and board member who is deeply interested in the social and economic impact of the freelance revolution. Millions of people around the world are now working for themselves as independent professionals or “solopreneurs”. Millions more are taking on freelance assignments to augment their income or increase their expertise and experience. Technology makes it possible for professionals in many fields to work remotely and free themselves from the limitations of their local economy. These benefits organizations by offering greater access to talent and gives professionals greater access to opportunity.
I first ran across Capelli’s book on the desk of Bill Allen, then CHRO of Maersk, and was an early observer of hybrid talent management. He reviews the challenges - tough to forecast business and therefore talent needs. He examines the key elements of modern talent management: rigorous forecasting, creating a more flexible talent sourcing model, better insight on current talent, adapting processes and practices to continue to innovate.
Executives everywhere acknowledge that finding, retaining, and growing talent counts among their toughest business challenges. Yet to address this concern, many are turning to talent management practices that no longer work--because the environment they were tailored to no longer exists. In today's uncertain world, managers can't forecast their business needs accurately, never mind their talent needs. An open labor market means inevitable leaks in your talent pipeline. And intensifying competition demands a maniacal focus on costs. Traditional investments in talent management wind up being hugely expensive, especially when employees you've carefully cultivated leave your firm for a rival. In Talent…
The Duke's Christmas Redemption
by
Arietta Richmond,
A Duke who has rejected love, a Lady who dreams of a love match, an arranged marriage, a house full of secrets, a most unneighborly neighbor, a plot to destroy reputations, an unexpected love that redeems it all.
Lady Charlotte Wyndham, given in an arranged marriage to a man she…
I have always asked why too many times I am told. From my early days studying psychology to working for Myspace out in LA and now with clients in London, my fondness for understanding what drives change, inertia, and pain has always been a focus. I knew from an early age that understanding people and how they are affected by, use and fear change and technology would be a useful skill to focus on. Doing so has enabled me to work with big brands, and smart cookies and interview some of the best minds of our generation. I recently brought everything under one roof, TBD Group, to help people see around corners.
I am a huge fan of making complex things simple and understandable, Kevin does this superbly well with Futureproof. From putting the nine rules on the cover to explaining each in a way that makes you shun the Hollywood stereotypes that are burned into our brains, the book explores how AI and automation will change the way we do business and beyond. It’s a must-read.
'Kevin Roose provides a clear, compelling strategy for surviving the next wave of technology with our jobs - and souls - intact... Futureproof is the survival guide you need' Charles Duhigg, The Power of Habit
In this timely, counterintuitive, and highly practical guide to the age of A.I. and automation, a New York Times technology columnist argues that the key to success is making yourself more human, not less.
The machines are here. After decades of sci-fi doomsaying and marketing hype, advanced A.I. and automation technologies have leapt out of research labs and Silicon Valley engineering departments and into the…
I grew up outside of Flint, Michigan, which during my lifetime went from being a pretty nice place to live to being a perpetual basket case that still doesn’t have clean water. I’ve always been very concerned with the question of what went wrong, and very early in my graduate education, it became clear to me that the neoliberal agenda that started under Reagan has been at the root of the economic rot and destruction that has afflicted Flint and so many other places. That personal connection, combined with my background in theology, makes me well-suited to talk about how political belief systems “hook” us, even when they hurt us.
More than most authors on neoliberalism, Brown takes it seriously as a philosophy and worldview that aims to reshape human society and our individual sense of self. Drawing on classic philosophers like Aristotle, Marx, and Arendt, she argues that neoliberalism is hollowing our sense of what it means to be human by turning us all into hyper-competitive, self-marketing, self-branding drones. I wind up arguing with her a lot in my book, but whether you wind up agreeing or disagreeing with her, she’s an essential point of reference.
Neoliberal rationality ― ubiquitous today in statecraft and the workplace, in jurisprudence, education, and culture ― remakes everything and everyone in the image of homo oeconomicus. What happens when this rationality transposes the constituent elements of democracy into an economic register? In vivid detail, Wendy Brown explains how democracy itself is imperiled.
The demos disintegrates into bits of human capital; concerns with justice cede to the mandates of growth rates, credit ratings, and investment climates; liberty submits to the imperative of human capital appreciation; equality dissolves into market competition; and popular sovereignty grows incoherent. Liberal democratic practices may not survive…
I am an associate professor of history at Trinity University in San Antonio, TX, where I teach courses on modern United States history, U.S. foreign relations, and public history, direct our minor in museum studies, and direct the Mellon Initiative for Undergraduate Research in the Arts and Humanities. I am particularly interested in how domestic culture, ideology, and values have informed how the United States has engaged with the world around it. My recent work has explored the influence of conservative religious groups in foreign affairs, and I’m at work on a new book about national security and the congressional debates that unfolded over foreign aid after World War II.
This is a magisterial work and the perfect starting point for anyone interested in learning about how religious beliefs and religions of all types have played a role in U.S. foreign policy since the colonial era. It is an incredibly comprehensive and deeply researched book, but do not let its heft deter you—Preston is a skilled narrator and you will find yourself immediately immersed in and absorbed by the stories he shares. His ability to illuminate the links between religion and the core ideas that have guided the U.S. engagement with the world over the past four hundred years is a truly impressive achievement.
Winner of the Charles Taylor Prize for Literary Non-Fiction Finalist for the Cundhill Prize in History
A richly detailed, profoundly engrossing story of how religion has influenced American foreign relations, told through the stories of the men and women—from presidents to preachers—who have plotted the country’s course in the world.
Ever since John Winthrop argued that the Puritans’ new home would be “a city upon a hill,” Americans’ role in the world has been shaped by their belief that God has something special in mind for them. But this is a story that historians have mostly ignored. Now, in the…
This book follows the journey of a writer in search of wisdom as he narrates encounters with 12 distinguished American men over 80, including Paul Volcker, the former head of the Federal Reserve, and Denton Cooley, the world’s most famous heart surgeon.
In these and other intimate conversations, the book…
I’m fascinated by systems of thought and very interested in understanding how we can improve our ability to create a better society for all. I think the past makes a good laboratory for investigating these kinds of questions. I got interested in early modern economic theory while researching the English East India Company for my dissertation in the sociology department of Columbia University, which was a great place for historical and computational sociology. I now teach economic sociology and theory as a professor at Yale University, another institution with amazing strengths in history, data science, and computational methods.
Tribe is a master of his subject, and this book has the feel of a magnum opus. It is densely packed and full of interesting tidbits, and you will be amazed at just how recent economics really is. The added bonus is all the insight into the development of the modern research university. I am in the middle of this book as it just came out, but the scale of the contribution (large) is already clear.
An accessible account of the role of the modern university in the creation of economics
During the late nineteenth century concerns about international commercial rivalry were often expressed in terms of national provision for training and education, and the role of universities in such provision. It was in this context that the modern university discipline of economics emerged. The first undergraduate economics program was inaugurated in Cambridge in 1903; but this was merely a starting point.
Constructing Economic Science charts the path through commercial education to the discipline of economics and the creation of an economics curriculum that could then…
