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Title The human capital theory. Encouragement and criticism
Authors Kolomiiets, U.
Petrushenko, Yurii Mykolaiovych  
ORCID http://orcid.org/0000-0001-9902-7577
Keywords human capital
людський капітал
человеческий капитал
Mincerian theory
теорія Мінцера
теория Минцера
labor economics
економіка праці
экономика труда
income distribution
розподіл доходів
распределение доходов
factor of production
коефіцієнт виробництва
фактор производства
human capital investment
людські капіталовкладення
человеческие капиталовложения
returns
дохід
доходы
criticism
критика
encouragement
заохочення
поощрение
Type Article
Date of Issue 2017
URI http://essuir.sumdu.edu.ua/handle/123456789/61562
Publisher Sumy State University
License
Citation Kolomiiets, U., Petrushenko, Yu. (2017). The human capital theory. Encouragement and criticism. SocioEconomic Challenges, 1(1), 77-80. http://doi.org/10.21272/sec.2017.1-09.
Abstract What is a human capital? Many minds tried to find answer for this question. First attempts were made even during the ancient times. However, as it is mentioned in the early scientific literature, human capital as a determinant in labor economics appeared at the end of XX century. Until recently it is one of the most discussed questions in the field. Therefore, this work will present thoughts of many famous economists who have made any contribution into human capital. Moreover, there is a connection that goes through years and centuries showing the main points of dispute and compares it with points of current hot debates. It might help to understand current problems better, because we have to “explore the past to understand the present and shape the future” (Graseck, 2008).
Appears in Collections: SocioEconomic Challenges (SEC)

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