Culture and capital.
2023-02-04 21:39Culture, as the term is used here, will not be confined to what one scholar on ethnicity has called "real culture", such as "music and art". On the contrary, the focus here will be primarily on those aspects of culture which provide the material requirements for life itself - the specific skills, general work habits, saving propensities, and attitudes toward education and entrepreneurship - in short, what economists call "human capital".
- Thomas Sowell, 'Race and Culture'
- Thomas Sowell, 'Race and Culture'