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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1360 |
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Wheelan says that human capital is what a person would have left if someone took away all of his assets: job, money, home, possessions, etc. (Wheelan, p.99)
Wheelan says that some kinds of talents are in a greater demand that others. There are many rich people in this world that are rich because of certain circumstances that have nothing to do with human capital, such as Queen Elisabeth II, who inherited royal money...
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There are many rich people in this world that are rich because of certain circumstances that have nothing to do with human capital, such as Queen Elisabeth II, who inherited royal money. Her human capital is very high due to a royal education and life, but if she lost all of her assets, it is likely that she would never become as rich as she is right now because her human capital is not unique...
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