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Human Capital - Cosimo Perrotta, Salvatore Rizzello, Claudia Sunna

Human Capital

The Driving Force for Economic Development
Buch | Hardcover
IX, 164 Seiten
2023 | 1st ed. 2023
Springer International Publishing (Verlag)
978-3-031-34493-0 (ISBN)
CHF 59,90 inkl. MwSt

This book presents a new interpretation of the role of human capital and the state in driving economic development. It places these ideas within broader debates within the history of economic thought to highlight how the nature of economic activity is a collective and coordinated process. Through examining how the welfare state reversed traditional accumulation by relying on human capital growth, the importance of the state within the development process is emphasised, alongside the multifaceted nature of competition. Different forms of public expenditure are then evaluated to identify the most productive forms of public spending and the drivers of long term economic development.

This book questions the relationship between profits and rent and proposes a new kind of economic development based around human capital. It will be relevant to students and researchers interested in the history of economic thought, the political economy, and labour economics.

lt;p>Cosimo Perrotta is former Professor of the History of Economic Thought at the University of Salento

Salvatore Rizzello is Professor of Economics at the University of Salento.

Claudia Sunna is Associate Professor of the History of Economic Thought at the University of Salento.

1. Origins of the economy as collective activity.- 2. Custom and path-dependence. Social capital as accumulation factor.- 3. The role of the state in economic development.- 4. Competition in Enlightenment economists.- 5. On the productiveness of welfare expenditures.- 6. Keynesian Policy Today: More Employment and More Human Capital.- 7. Investing in human capital.

Erscheinungsdatum
Zusatzinfo IX, 164 p.
Verlagsort Cham
Sprache englisch
Maße 148 x 210 mm
Gewicht 360 g
Themenwelt Wirtschaft Volkswirtschaftslehre Makroökonomie
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
Schlagworte Accumulation of wealth • Division of Labour • Economic competition • Economic Development • Economic development theory • Enlightenment economists • Human capital investment • Keynesian policy • path-dependence • public expenditures • Social capital • Welfare expenditures
ISBN-10 3-031-34493-6 / 3031344936
ISBN-13 978-3-031-34493-0 / 9783031344930
Zustand Neuware
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