The Economics of Being Poor

Download or read book The Economics of Being Poor written by Theodore William Schultz and published by Wiley-Blackwell. This book was released on 1993 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Economics of Being Poor" is mainly devoted to the economics of acquiring skills and knowlede, to investment in the quality of the population and to the increasing economic importance of human capital - the quality of the work-force embodied in the health, education and skills, including the entrepreneurial skills of the workers themselves. The volume is divided into three parts: "Most People are Poor, Invsting in Skills and Knowledge, and Effects of Human Capital." "The Economics of Being Poor" represents a remarkable testament to perhaps the most elegant stylist in post-war economics.