America s expansion to one of the richest nations in the world was partly due to a steady increase in labor productivity, which in turn depends upon the invention and deployment of new technologies and on investments in both human and physical capital. The accumulation of human capitalthe knowledge and skill of workershas featured prominently in American economic leadership over the past two centuries.
"Human Capital in History "brings together contributions from leading researchers in economic history, labor economics, the economics of education, and related fields. Building on Claudia...