Victoria DuBois, Chapter 6, Question 6

The part of this chapter that stuck to me was on page 134 when Wheelan was explaining the total stock of human capital. Wheelan refers to economist Gary Becker and his idea that 75% of a modern economy is the stuff we carry in our heads rather than diamonds or buildings or oil. This section stuck to me because I think that when people think about our economy they immediately think of money and material wealth, which is part of it, but in order to have a wealthy economy there needs to be well educated, skillful, and even healthy people. Physical capital and financial capital are both important for a wealthy economy, but human capital is by far the most important thing for a wealthy economy.