Postulates/observations:
1) The returns to human capital (education and intelligence) have been increasing and will continue to increase over time
2) The returns to physical capital are decreasing over time
3) Sexual equality will continue to increase
4) The more human capital one possesses the greater is the marginal value of human capital in a spouse. i.e. an intelligent and educated man places more value on acquiring an intelligent and educated spouse than does an unintelligent and uneducated man. This effect is increasing over time.
5) At least part of the human capital of parents is inheritable by children
What does the world I've just described come to look like eventually? Do any of you want to live in that world? Think about it for a bit.
1) The returns to human capital (education and intelligence) have been increasing and will continue to increase over time
2) The returns to physical capital are decreasing over time
3) Sexual equality will continue to increase
4) The more human capital one possesses the greater is the marginal value of human capital in a spouse. i.e. an intelligent and educated man places more value on acquiring an intelligent and educated spouse than does an unintelligent and uneducated man. This effect is increasing over time.
5) At least part of the human capital of parents is inheritable by children
What does the world I've just described come to look like eventually? Do any of you want to live in that world? Think about it for a bit.
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