Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Oct 2015 1 Comment
in economics
The 20 years covered by the chart below, the physical capital stock doubled while the human capital stock quadrupled.
Source: Lˆe Thi. Vˆan Tr`ınh, Estimating the monetary value of the stock of human capital for New Zealand, University of Canterbury PhD thesis (September 2006), Table 4.8: Human and physical capital stocks.
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