55th out of 119 books — 13 voters
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Human Capitalism: How Economic Growth Has Made Us Smarter--and More Unequal
What explains the growing class divide between the well educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills--the right "human capital"--reap the majority of the economic rewards. ...more
ebook, 115 pages
Published August 1st 2012 by Princeton University Press
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A short book that lays out the economic need for human skills in abstract thinking, persistence, delay of rewards for future goals, etc., against the cultural resistance to these skills by lower income groups. He gives thoughtful solutions which do not include moral bashing. Very thoughtful, well researched with good notes, and evenly balanced.
An interesting even-handed take on the rise of inequality and the decrease in social mobility since the mid-70's. The rising skill level required of work with the increasing value given to education in abstract reasoning, and the different parenting practices by class have led to greater differences in success. His prescription of solutions for the problems are less persuasive.
Short (but dense at times) read that gives even handed, thoughtful comments on why inequality is increasing and well explored ideas on what can or can not be done about it. Really enjoyed the comments/arguments about nurture versus nature in predicting how socieconomic status passes from one generation to the next.