Talk:Human capital

In rewording, be sure not to confuse human capital with simply income. Also, the focus should be on human capital as an asset, not as time to accumulate savings. The concept of "time to accumulate savings" exists independently of the concept of human capital. Human capital is a more specific concept. Time gives one the ability to transform human capital into financial assets.


 * (Above is by Kevin M 18:59, 19 April 2012‎)
 * Yes, I did confuse the two. Your corrections are clear. Make sure that the footnote:


 * 2. Discounting translates the future income amount to an equivalent amount of income today.


 * is interpreted correctly. I used translates in an engineering sense, i.e. to transform from one value to another through a formula.--LadyGeek 18:39, 19 April 2012 (CDT)

The original wording was from memory. Bernstein does a much better job of presenting it, so I rewrote to be consistent with his presentation. If other references present it another way, we can expand. --Kevin M 20:27, 19 April 2012 (CDT)