Elena Gutierrez, Chapter 6, Question 6

Right off that bat I thought the distinction that Wheelan made between natural human capital and acquired human capital was interesting. The distinction is obvious, and yet over looked. When do baseball fans ever stop to think about the "natural" human capital that their favorite players have?In fact  when do people ever stop to think about how important it is to develop their human capital. Sadly not everybody is born with a natural human capital worth millions of dollars like Joe Mauer. So where do we go from there? Wheelan writes about how people with developed human capital would be more likely to survive and get back up on their feet if they were turned out on the streets than a person with an underdeveloped human capital. If somebody like Donald Trump were stripped of all his money and possessions, then he would have a greater chance of getting back on his feet than a high school drop out. Why, simply because Donald Trump is educated (developed human capital,) and the high school drop out is not (underdeveloped human capital.) This chapter teaches the importance of developing your human capital.