Monday, March 9, 2015

Ram Chapter 6 Q6

Chapter six on Productivity and Human Capital has broadened my perspective on how economists think. Even more so than before, so the idea of how they think in perspective to poor and rich population of the United States. I found the idea of theoretically putting people in the different social classes where they do not belong compelling. It is a more common topic, but it was good to revisit that concept. "Human capital is an economic passport" was one of the most relevant idea in my opinion. The example of Gamal Abouali and the situation he was at in the oil, and how it can effect him a lot or not at all. And lastly it emphasizing how important and education is. The idea that we need people do do both the higher status jobs as well as the lower status jobs.

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