Fichtes ›Bestimmung des Menschen‹: Ein Epochenmodell in nuce

Human Capital Approach in the Economic Assessment of Interventions for the Reduction of Seismic Vulnerability in Historic Centres

“…Later, other economists recalled this concept: Engel promoted an approach aimed at determining the economic value of man on the basis of rearing costs from birth [46]; Marshall started from the claim that "most valuable of all capital is that invested in human beings" [47] and came to define human capital as the whole that includes energies, faculties, and habits that contribute directly to the productive efficiency of men; Gini argued that human capital was an important factor for national wealth [48,49]; Pareto argued that much of the wealth possessed by American citizens between the two world wars stemmed from savings accumulated through the immigration of labour since the beginning of the nineteenth century [50]. The concept of human capital, although it was presented by various authors, until the middle of the 1900s was never developed within a solid theoretical structure [51].…”