The unknown dimension of capital human capital

Abstract

Here we seek to explore the social phenomenon that we call "the educational problem" in the light of economic theory. A book, a school, a study program, a new discovery and the mere experience of what is useful in life, are economic goods. They are the product of social interaction in the market - in the market economy - and therefore their value, their production and distribution, their prices, their selection and their allocation as resources can be rationally and objectively explained if they are understands the use of useful knowledge in society.