Human Capital for Humans: An Accessible Introduction to the Economic Science of People
Why economists treat schooling, training and experience as investments, explained without any of the equations.
Pablo A. Pena introduces human capital theory for general readers: the idea that skills and education form a stock people invest in and earn returns on, and what that framework does and does not explain about wages, inequality and career choice. A popular-level treatment of a body of economics most people first meet in a graduate classroom.
Recommended by 1 Person
Tyler Cowen
Pablo A. Pena, Human Capital for Humans: An Accessible Introduction to the Economic Science of the People, is a good popular-level introduction to human capital theory.
Source · August 2025
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