Tyler Coughlan, Chapter 6, Question #7

Wheelan's begins by addressing income inequality and the intensity of it here and the extreme intensity of it in other corrupt places in the world like Brazil. Wheelan sees human capital as the reason for people who are rich or poor. Bill gates has greater human capital than almost everybody and is extremely wealthy because of it. I learned that human capital is the most likely best odds you'll ever have in an investment. Such as investing in a college education, it has 10% return. Proof that human capital makes people better off. I also learned in this chapter that human capital is the underlining problem of poverty. "The poverty rate for high school dropouts in America is 12 times the poverty rate for college graduates"(129). Proof that dealing with human capital is the best way to deal with poverty. Making it possible for many people to receive job training and education. This idea is much better then people just bickering about the wealth gap. People should instead go invest in their own human capital instead like the wealthiest people did. Our economy rewards human capital and productive efficency and it's up for grabs for the person with the most human capital and productiveness. Human capital doesn't just make people richer it makes them healthier and better parents and just being educated helps other people and creates a richer society not just in wealth.