Tag: Capital
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Poverty, Capital and Economic Freedom
Acton Commentary: Poverty, Capital and Economic Freedom Victor Claar … First, countries grow rich as their human capital improves. Human capital is the term economists use to describe the value that a country’s people possess through their accumulated experience and education. For example, there is little doubt that India’s recent growth explosion is due in…
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Capital Ideas
One of the fundamental rules for using Scripture is to avoid reading our culture into the text. Scripture was written into a particular context. When we read about economic issues, we must read them within context. What has changed about economics since the Bible times? A Lot! Most people have worked in agriculture over…