Integrating Human Capital with Human Development: The Path to a More Productive and Humane Economy (Palgrave Advances in Behavioral Economics)

For the most part, human capital theory emphasizes human cognitive development and the acquisition of knowledge and skills that enable enhanced productivity and earnings. In light of recent research findings, particularly concerning neurodevelopment and early childhood development, it is becoming apparent that this standard version of human capital theory has a far too limited conception of human capabilities and how they are created. Integrating Human Capital with Human Development considers recently accumulated knowledge related to the human brain's functioning and development to better understand the relationship between human capital and human development in successful economies. It shifts the focus of human capital theory to give full consideration to intangible, non-cognitive aspects of learning. This exciting new volume is an important addition to the study of human capital and behavioral economics more broadly. Front Matter....Pages i-xii Front Matter....Pages 1-1 Why a Broad Conception of Human Capital is Needed....Pages 3-14 Front Matter....Pages 15-15 Integrating Human Capital with Human Development: Toward a Broader and More Human Conception of Human Capital....Pages 17-38 Investments in Human Capital to Remedy Decision-Making Errors....Pages 39-61 Smart Persons and Human Development: The Missing Ingredient in Behavioral Economics....Pages 63-80 Front Matter....Pages 81-82 Adverse Childhood Experiences, Poverty, and Inequality....Pages 83-107 What Causes Obesity? And Why Has It Grown So Much?....Pages 109-129 Intangible Capital, Chronic Ailments, and Other Persistent Socioeconomic Problems....Pages 131-149 Front Matter....Pages 151-151 Stemming the Tide of Obesity....Pages 153-175 Toward Lasting, Significant Improvement in Our Socioeconomies....Pages 177-192 Front Matter....Pages 193-193 Realizing a Society’s Full Potential Requires Investments in Human Capital That Enable Human Development....Pages 195-201 Back Matter....Pages 203-231