Want to Be Rich?

Posted byBrock Stout, PhDPosted inUncategorized

Do you want to be rich?  Do you want to live in a rich country?

Gary Becker was an economist at the University of Chicago. He won a Nobel prize for  research that extended work in sociology, including Human Capital Theory by Theodore Schultz.
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The theory says that investing in people is the best way to improve financial outcomes for both people and regions.
Schultz said that “direct expenditures on education, health, and internal migration to take advantage of better job opportunities” (1961, p. 1) are part of developing human capital. It is more than book learning.  Becker said that “schooling, a computer training course, expenditures on medical care, lectures on the virtues of punctuality and honesty are capital too” because they “improve health, raise earnings, or add to a person’s appreciation of literature.”
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 This is why future-oriented people shift their money from carnival attendance to skill learning, from video gaming to book reading.
Developing YOUR human capital is the purpose of this site. Stay with us.
When you learn and practice and develop yourself, you improve your chances of financial success. You also improve your region and country.  It is, in that way, God’s work.

Published by Brock Stout, PhD

Brock has helped many people to be extremely successful. He has lived in various countries and has enjoyed several careers, but is now a writer and a career coach. He sustained mild lead poisoning as a child, resulting in neurological damage. The result was a life of learning disabilities, always struggling to keep up. But he completed two degrees from competitive universities, then advised Wall Street executives in Asia for 15 years. He later earned a PhD and worked as a university professor for six years. He has started three profitable companies in between. So he particularly wants to help those with special learning challenges. Because so many of us now have these special challenges, they are no longer special. But they are challenges. He wants you to TEACH YOURSELF how to be successful.

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