capital indeed grows more productive with age, or depreciates all at once, seem implausible in each case and cannot begin to explain enough. I think Becker hinted at the answer in 1964. Becker pointed out that job training at the Chapter 2: Fast Forward 1/06/16 14 HOUSE_OVERSIGHT_010954 --- PAGE BREAK

T BUILDING LOCKER,NANCY AGUILERA JR,G BECKER,DEAN DELPHIN CORPORATION FOSTER,JAN

r productive capacity. KUE believes that national economies that fail to embrace this concept will be left behind. Nobel Prize winning economist Gary Becker estimates that in today’s service based economy, human capital accounts for 76% of the assets in the U.S. 2005 Human Capital - $238 Trillion Market