Origins of Increasing Returns
Author | : Theodore W. Schultz |
Publisher | : John Wiley & Sons |
Total Pages | : 329 |
Release | : 1993-12-08 |
ISBN-10 | : 9781557863195 |
ISBN-13 | : 1557863199 |
Rating | : 4/5 (95 Downloads) |
Download or read book Origins of Increasing Returns written by Theodore W. Schultz and published by John Wiley & Sons. This book was released on 1993-12-08 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: ORIGINS OF INCREASING RETURNS Nobel Laureate Theodore W.Schultz has made highly important contributions to the fields of agriculture and natural resource economics, and to human capital theory. This is the second of two volumes which encompass and combine the passions and interests of this eminent economist. Origins of Increasing Returns is mainly devoted to investments in specialized forms of capital, consisting in large part of human capital that produce increasing rates. The resulting tensions between politics and economics are critically examined.