For the most part, human capital theory emphasizes human cognitive
development and the acquisition of knowledge and skills that enable
enhanced productivity and earnings. In light of recent research
findings, particularly concerning neurodevelopment and early
childhood development, it is becoming apparent that this standard
version of human capital theory has a far too limited conception of
human capabilities and how they are created. Integrating Human
Capital with Human Development considers recently accumulated
knowledge related to the human brain's functioning and development
to better understand the relationship between human capital and
human development in successful economies. It shifts the focus of
human capital theory to give full consideration to intangible,
non-cognitive aspects of learning. This exciting new volume is an
important addition to the study of human capital and behavioral
economics more broadly.
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