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Origins of Increasing Returns
ISBN: 978-1-55786-319-5
Hardcover
324 pages
December 1993, Wiley-Blackwell
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Nobel Laureate Theodore W. Schultz has made highly important contributions to the fields of agriculture and natural resource economics, and to human capital theory.
This volume is mainly devoted to investments in specialized forms of capital, consisting in large part of human capital that produces increasing rates. The tensions between politics and economics are critically examined.