The University of Chicago where the theory of human capital was distilled in 1960 The theory of human capital — which provides the intellectual support for student loans and other initiatives that impose the cost of education on students —…
Month: May 2017
Fantasy profits
Profit – the difference between costs and revenue – is the engine driving capitalist economies. It determines dividend pay-outs and a high proportion of the market valuation of companies. They can’t survive without it. If there’s no profit, there’s no…