Must-Read: Noah Smith: Case-Deaton and the Human Capital Debate
: Case-Deaton and the Human Capital Debate: “A tendency toward healthy behavior is a powerful and important form…
…of human capital. It is not at all clear that this kind of human capital can (or will) be created by MOOCs, self-study, or other forms of online learning that are being touted as replacements for college. In fact, right now it looks like the health-related human capital boost from college is all that is holding it together for our upper middle class.