Origins of increasing returns
By: Theodore W. Schultz.
Publisher: Blackwell
Published: 1993
Place of publication: Oxford, UK; Cambridge, Mass
Language: eng
Number of pages: 314
Subjects: Human capital.; Equilibrium (Economics); Economics -- Research.; Economic policy.
Description: 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 is the second of two volumes which encompass and combine the passions and interests of this eminent economist.

Origins of Increasing Returns is mainly devoted to investments in specialized forms of capital, consisting in large part of human capital that produce increasing rates. The resulting tensions between politics and economics are critically examined.
Notes: Includes bibliographical references and index.