Investing in People: The Economics of Population Quality

Investing in People: The Economics of Population Quality by Nobel laureate Theodore W. Schultz redefines the role of human capital in economic development, offering a transformative perspective on global productivity and well-being. Schultz argues that education, skills, health, and entrepreneurial ability are the critical drivers of progress, challenging the outdated notion that physical limitations like land or resources constrain growth. Drawing on decades of expertise in agriculture and...