While the accumulation of capital has long been the golden rule for some growth theorists, such as Smith and Ricardo, Gary Becker in the 1950s placed human capital at the heart of this sector of ...

Human capital is about the innate power workers have. It is about their knowledge, skills and insights, which can’t be sold or bought. Scottish economist Adam Smith was one of the first to recognize ...

In business, the concepts of net worth and net value are often conflated, yet they embody different philosophies. "Net worth" is a quantitative measure of a company's financial health, calculated as ...