Education and Economic Growth
Teachers College Record The Voice of Scholarship in EducationPublished 1 August 1961
Theodore W. Schultz
Citations85
SJR quartileQ1
SJR score0.81
SNIP1.06
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Abstract
Historically, many economists have held that economic growth is primarily a matter of amassing more tangible capital. They have treated education as a consumer good. In recent years, however, growing recognition has been given to the fact that education is an investment industry-that the development of people is as important as the development of things and that growth may be fostered by the development of human talent.
Keywords
Computer Science
