Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

The notion of human capital was mentioned as early as in 1776 16 and formalized two centuries later 17. Ever since, researchers have explored the role of human capital in economic development. For ...

Forbes contributors publish independent expert analyses and insights. Solange Charas covers the intersection of governance, HR, and finance. Oct 01, 2024, 01:53pm EDT In today’s business landscape, ...

Human capital is about the innate power workers have. It is about their knowledge, skills and insights, which can’t be sold or bought. Scottish economist Adam Smith was one of the first to recognize ...

Modern economies require increasingly diverse and specialized skills, many of which depend on the acquisition of other skills first. Here we analyse US survey data to reveal a nested structure within ...

The new great power competition will require the U.S. Air Force (USAF), like the other Services, to reshape itself consistent with the nation’s National Defense Strategy (DoD, 2018). This new ...