Fans pick 100 books like Human Capital

By Gary S. Becker,

Here are 100 books that Human Capital fans have personally recommended if you like Human Capital. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Investment in Human Capital: The Role of Education and of Research

Walter W. McMahon Author Of Higher Learning, Greater Good: The Private and Social Benefits of Higher Education

From my list on the returns of higher education.

Why am I passionate about this?

I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.

Walter's book list on the returns of higher education

Walter W. McMahon Why did Walter love this book?

Theodore Schultz, a personal friend, was President of the American Economics Association, and Head of the Economics Department at the University of Chicago.

He is generally regarded as the father of Human Capital theory and analysis, is the one who hired Gary Becker from Columbia University, and his Presidential Address to the American Economics Association in 1960 is widely cited as the beginning of the human capital revolution in economics.

It transformed the fields of economic growth where modern endogenous growth models are currently the mainstream, the fields of labor economics, home economics, the economics of education, and is in the process of revolutionizing the field of economic development (with ‘endogenous development’).

This highly readable and interesting book will give the reader a basic understanding of human capital analysis. Its roots are in Becker’s Economic Journal article on “the economics of the allocation of human time”.

This makes the non-monetary…

By Theodore W. Schultz,

Why should I read it?

1 author picked Investment in Human Capital as one of their favorite books, and they share why you should read it.

What is this book about?

Book by Theodore W. Schultz


Book cover of Education and Economic Growth: Investment and Distribution of Financial Resources

Walter W. McMahon Author Of Higher Learning, Greater Good: The Private and Social Benefits of Higher Education

From my list on the returns of higher education.

Why am I passionate about this?

I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.

Walter's book list on the returns of higher education

Walter W. McMahon Why did Walter love this book?

I recommend this collection of articles because it gives a readable and clear view of the connection of the benefits of education to education finance and brings in for the first time the distribution of both the benefits and the costs of education.

Kern Alexander is well known as the father of equity as it relates to education and education finance. His article on the “Concept of Equity in School Finance” which is Chapter 10 in his book sets the stage for 9 additional articles that follow on essentially all of the key aspects of distribution of the benefits among children and families and of costs among families and taxpayers. 

This follows the nine Chapters on economic efficiency in education, which explore in greater depth many of the aspects already introduced above. These include the “Human Capital Approach” by Theodore W. Schultz, “The Social and Economic Externalities of Education”, “The…

By Kern Alexander,

Why should I read it?

1 author picked Education and Economic Growth as one of their favorite books, and they share why you should read it.

What is this book about?

This book concerns the rationale for efficient investment of public financial resources in public schools and the equitable deployment of those resources. It is a collection of the writings of scholars who have turned their attention to these issues and have published thoughtful articles in the Journal of Education Finance and its predecessor organization, The National Educational Finance Project. The Journal of Education Finance has been published for 33 years and over that long period has been the source of many outstanding articles of which the chapters in this book are representative. The 19 chapters were chosen because they combine…


Book cover of Returns to Education: An International Comparison

Walter W. McMahon Author Of Higher Learning, Greater Good: The Private and Social Benefits of Higher Education

From my list on the returns of higher education.

Why am I passionate about this?

I've always been interested in trying to make the world a better place, increasing the well-being of families and nations, and not just in making private profit for myself or for some employer. In working as a consultant on education and development in 22 different countries, many of them poor and developing such as Nepal, Malawi, and Indonesia, I've seen a lot of poverty and inequality, and have also come to see how education, including its effects on fertility rates, health, longevity, the survival of democratic institutions and so forth and especially its financing is at the heart of making lives better, especially for children who are the future of each family and each nation.

Walter's book list on the returns of higher education

Walter W. McMahon Why did Walter love this book?

I strongly recommend this book because it is clearly written, explains the methods of estimation, and provides an excellent overview of the extensive worldwide research on the returns to education based on earnings.

It certainly influenced me. It had a massive impact on World Bank lending policies in support of economic development in developing countries. It replaced the kinds of Bank physical capital investment policies such as those supporting dam construction, projects that included educating only for a few people on how to operate dams, with education sector-wide loans that support primary and junior secondary education of the labor force.

Some of these dams later washed out, and forests were destroyed in support of development. The book shows how the returns to investment in primary and secondary education are higher in developing countries where the labor force is often nearly illiterate than they are to investing in other higher levels…

By George Psacharopoulos,

Why should I read it?

1 author picked Returns to Education as one of their favorite books, and they share why you should read it.

What is this book about?

Hardback. Jacket a little sunned, worn, with several small nicks along top edge. Boards a little worn at edges only. Previous owner's name label on front endpaper; contents otherwise clean and sound throughout. TPW


Book cover of The Race between Education and Technology

Jonathan Rothwell Author Of A Republic of Equals: A Manifesto for a Just Society

From my list on why some people tend to be richer or poorer.

Why am I passionate about this?

Inequality and fairness are basic issues in human conflict and cooperation that have long fascinated me. Growing up in Louisville, Kentucky, I was confronted with the extreme racial segregation of schools and neighborhoods. My Catholic upbringing taught me to cherish the cardinal virtues of justice, wisdom, courage, and temperance, and my education in political economy taught me that markets can fairly and efficiently allocate resources, when legal power is evenly shared. My formal education culminated in a Ph.D. in Public Affairs from Princeton University, which led me to my current roles: Non-resident Senior Fellow at the Brookings Institution and Principal Economist at Gallup. I care deeply about the social conditions that create cooperation and conflict.

Jonathan's book list on why some people tend to be richer or poorer

Jonathan Rothwell Why did Jonathan love this book?

To understand why some workers are paid more than others, you have to understand how skills are valued and rewarded in the labor market, and how that has changed, as the economy has evolved.

Focused on the United States, Katz and Goldin provide a sweeping overview of how education leads to skills and income, drawing on the most well-established theories in economics. It misses some important causes of inequality, but is essential for understanding the one of the deepest economic forces governing wages: the supply and demand of human capital.

By Claudia Goldin, Lawrence F. Katz,

Why should I read it?

1 author picked The Race between Education and Technology as one of their favorite books, and they share why you should read it.

What is this book about?

This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the…


Book cover of Talent on Demand: Managing Talent in an Age of Uncertainty

Jon Younger Author Of Agile Talent: How to Source and Manage Outside Experts

From my list on talent management.

Why am I passionate about this?

The future of talent management is now. I’m a teacher, consultant, and board member who is deeply interested in the social and economic impact of the freelance revolution. Millions of people around the world are now working for themselves as independent professionals or “solopreneurs”. Millions more are taking on freelance assignments to augment their income or increase their expertise and experience. Technology makes it possible for professionals in many fields to work remotely and free themselves from the limitations of their local economy. These benefits organizations by offering greater access to talent and gives professionals greater access to opportunity. 

Jon's book list on talent management

Jon Younger Why did Jon love this book?

I first ran across Capelli’s book on the desk of Bill Allen, then CHRO of Maersk, and was an early observer of hybrid talent management. He reviews the challenges - tough to forecast business and therefore talent needs. He examines the key elements of modern talent management: rigorous forecasting, creating a more flexible talent sourcing model, better insight on current talent, adapting processes and practices to continue to innovate. 

By Peter Cappelli,

Why should I read it?

1 author picked Talent on Demand as one of their favorite books, and they share why you should read it.

What is this book about?

Executives everywhere acknowledge that finding, retaining, and growing talent counts among their toughest business challenges. Yet to address this concern, many are turning to talent management practices that no longer work--because the environment they were tailored to no longer exists. In today's uncertain world, managers can't forecast their business needs accurately, never mind their talent needs. An open labor market means inevitable leaks in your talent pipeline. And intensifying competition demands a maniacal focus on costs. Traditional investments in talent management wind up being hugely expensive, especially when employees you've carefully cultivated leave your firm for a rival. In Talent…


Book cover of Futureproof: 9 Rules for Humans in the Age of Automation

Paul Armstrong Author Of Disruptive Technologies: A Framework to Understand, Evaluate and Respond to Digital Disruption

From my list on disrupting your competitors sleeping patterns.

Why am I passionate about this?

I have always asked why too many times I am told. From my early days studying psychology to working for Myspace out in LA and now with clients in London, my fondness for understanding what drives change, inertia, and pain has always been a focus. I knew from an early age that understanding people and how they are affected by, use and fear change and technology would be a useful skill to focus on. Doing so has enabled me to work with big brands, and smart cookies and interview some of the best minds of our generation. I recently brought everything under one roof, TBD Group, to help people see around corners.  

Paul's book list on disrupting your competitors sleeping patterns

Paul Armstrong Why did Paul love this book?

I am a huge fan of making complex things simple and understandable, Kevin does this superbly well with Futureproof. From putting the nine rules on the cover to explaining each in a way that makes you shun the Hollywood stereotypes that are burned into our brains, the book explores how AI and automation will change the way we do business and beyond. It’s a must-read. 

By Kevin Roose,

Why should I read it?

1 author picked Futureproof as one of their favorite books, and they share why you should read it.

What is this book about?

'Kevin Roose provides a clear, compelling strategy for surviving the next wave of technology with our jobs - and souls - intact... Futureproof is the survival guide you need' Charles Duhigg, The Power of Habit

In this timely, counterintuitive, and highly practical guide to the age of A.I. and automation, a New York Times technology columnist argues that the key to success is making yourself more human, not less.

The machines are here. After decades of sci-fi doomsaying and marketing hype, advanced A.I. and automation technologies have leapt out of research labs and Silicon Valley engineering departments and into the…


Book cover of Undoing the Demos: Neoliberalism's Stealth Revolution

Adam Kotsko Author Of Neoliberalism's Demons: On the Political Theology of Late Capital

From my list on understanding neoliberalism.

Why am I passionate about this?

I grew up outside of Flint, Michigan, which during my lifetime went from being a pretty nice place to live to being a perpetual basket case that still doesn’t have clean water. I’ve always been very concerned with the question of what went wrong, and very early in my graduate education, it became clear to me that the neoliberal agenda that started under Reagan has been at the root of the economic rot and destruction that has afflicted Flint and so many other places. That personal connection, combined with my background in theology, makes me well-suited to talk about how political belief systems “hook” us, even when they hurt us.

Adam's book list on understanding neoliberalism

Adam Kotsko Why did Adam love this book?

More than most authors on neoliberalism, Brown takes it seriously as a philosophy and worldview that aims to reshape human society and our individual sense of self. Drawing on classic philosophers like Aristotle, Marx, and Arendt, she argues that neoliberalism is hollowing our sense of what it means to be human by turning us all into hyper-competitive, self-marketing, self-branding drones. I wind up arguing with her a lot in my book, but whether you wind up agreeing or disagreeing with her, she’s an essential point of reference.

By Wendy Brown,

Why should I read it?

1 author picked Undoing the Demos as one of their favorite books, and they share why you should read it.

What is this book about?

Neoliberal rationality ― ubiquitous today in statecraft and the workplace, in jurisprudence, education, and culture ― remakes everything and everyone in the image of homo oeconomicus. What happens when this rationality transposes the constituent elements of democracy into an economic register? In vivid detail, Wendy Brown explains how democracy itself is imperiled.

The demos disintegrates into bits of human capital; concerns with justice cede to the mandates of growth rates, credit ratings, and investment climates; liberty submits to the imperative of human capital appreciation; equality dissolves into market competition; and popular sovereignty grows incoherent. Liberal democratic practices may not survive…


Book cover of Sword of the Spirit, Shield of Faith: Religion in American War and Diplomacy

Lauren Turek Author Of To Bring the Good News to All Nations: Evangelical Influence on Human Rights and U.S. Foreign Relations

From my list on the history of religion in U.S. foreign relations.

Why am I passionate about this?

I am an associate professor of history at Trinity University in San Antonio, TX, where I teach courses on modern United States history, U.S. foreign relations, and public history, direct our minor in museum studies, and direct the Mellon Initiative for Undergraduate Research in the Arts and Humanities. I am particularly interested in how domestic culture, ideology, and values have informed how the United States has engaged with the world around it. My recent work has explored the influence of conservative religious groups in foreign affairs, and I’m at work on a new book about national security and the congressional debates that unfolded over foreign aid after World War II.

Lauren's book list on the history of religion in U.S. foreign relations

Lauren Turek Why did Lauren love this book?

This is a magisterial work and the perfect starting point for anyone interested in learning about how religious beliefs and religions of all types have played a role in U.S. foreign policy since the colonial era. It is an incredibly comprehensive and deeply researched book, but do not let its heft deter you—Preston is a skilled narrator and you will find yourself immediately immersed in and absorbed by the stories he shares. His ability to illuminate the links between religion and the core ideas that have guided the U.S. engagement with the world over the past four hundred years is a truly impressive achievement.

By Andrew Preston,

Why should I read it?

1 author picked Sword of the Spirit, Shield of Faith as one of their favorite books, and they share why you should read it.

What is this book about?

Winner of the Charles Taylor Prize for Literary Non-Fiction
Finalist for the Cundhill Prize in History

A richly detailed, profoundly engrossing story of how religion has influenced American foreign relations, told through the stories of the men and women—from presidents to preachers—who have plotted the country’s course in the world.
 
Ever since John Winthrop argued that the Puritans’ new home would be “a city upon a hill,” Americans’ role in the world has been shaped by their belief that God has something special in mind for them. But this is a story that historians have mostly ignored. Now, in the…


Book cover of ABCs of Economics: Simple Explanations of Complex Concepts Like Supply, Demand, Capital, and More for Toddlers and Kids

Blaine Stewart Author Of Hourglass Socioeconomics: Vol. 1, Principles & Fundamentals

From my list on reads that are almost economics.

Why am I passionate about this?

I'm addicted to discovering what lies within the unknown. The biggest mystery, I believe, that baffles us today is not necessarily what lies at the edge of the universe but what lives within this one here. I enjoy attempting to solve large problems and if I can’t compute a result at least understand what the problem suggests. In the realm of the unknown, I'm an expert of nothing. In hours of research and reading and writing, one comes to a point in their process of learning with the realization that it does not matter how much one learns, there will always be that much more, logarithmically multiplied exponentially by the rate of acceleration, to learn.

Blaine's book list on reads that are almost economics

Blaine Stewart Why did Blaine love this book?

This is a serious recommendation if you are to read my volumes. Why? Shapes and illustrations. I read this book as a kid and, as you might imagine, it was my favorite book. There is no better investment into our future than investing into the basic understanding of society and commerce. But, back to shapes. My own series includes a vast array of shapes and imagery to tell the story, from what to how to because to why. 

By Chris Ferrie, Veronica Goodman,

Why should I read it?

1 author picked ABCs of Economics as one of their favorite books, and they share why you should read it.

What is this book about?

Chris Ferrie's bestselling scientific series is expanding!
It only takes a small spark to ignite a child's mind! The ABCs of Economics introduces babies (and grownups!) to a new economic concept for each letter of the alphabet. From asymmetric, business cycle, and capital, all the way to zero sum. It's never too early to become an economist!
With scientific and mathematical information from an expert, this is the perfect book for enlightening the next generation of geniuses.


Book cover of Aimee Semple McPherson and the Resurrection of Christian America

Rebecca L. Davis Author Of Public Confessions: The Religious Conversions That Changed American Politics

From my list on why sex matters to US history.

Why am I passionate about this?

I never set out to be a historian of sexuality, but the more I read, the more convinced I became of the centrality of sex to politics, culture, religion, and social change. I am fascinated by histories of sexuality in the making and shaping of individual identities and behaviors, and I’m also drawn to histories of other topics—politics, religion, enslavement, leisure—that also teach us something about the history of sex and sexuality. These interests drew me to the podcast Sexing History, where I edit the stories and help produce the episodes. I love to read widely to find histories of sex in unexpected places.

Rebecca's book list on why sex matters to US history

Rebecca L. Davis Why did Rebecca love this book?

Aimee Semple McPherson lived a trailblazing life as the founder of the Four-Square Gospel Pentecostal church in Los Angeles, the first woman to own a US radio station, and a captivating, theatrical preacher. The beauty of Sutton’s book is the way he shows how McPherson’s sexual charisma—as well as her nearly career-ending sexual scandals—enabled her to define herself as the embodiment of Christian virtue. Wearing white and preaching with props and scenery worthy of a Hollywood set, McPherson used a show business savvy to portray conservative Christianity as the bedrock of Americanism.

By Matthew Avery Sutton,

Why should I read it?

1 author picked Aimee Semple McPherson and the Resurrection of Christian America as one of their favorite books, and they share why you should read it.

What is this book about?

From the Pilgrims who settled at Plymouth Rock to Christian Coalition canvassers working for George W. Bush, Americans have long sought to integrate faith with politics. Few have been as successful as Hollywood evangelist Aimee Semple McPherson.

During the years between the two world wars, McPherson was the most flamboyant and controversial minister in the United States. She built an enormously successful and innovative megachurch, established a mass media empire, and produced spellbinding theatrical sermons that rivaled Tinseltown's spectacular shows. As McPherson's power grew, she moved beyond religion into the realm of politics, launching a national crusade to fight the…


Book cover of Investment in Human Capital: The Role of Education and of Research
Book cover of Education and Economic Growth: Investment and Distribution of Financial Resources
Book cover of Returns to Education: An International Comparison

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