Gunnar Nelson, chapter 6, question 6

In the openning pages of the chapter, Wheelan defines human capital as being worth more than your wealth, and materialistic lifestyle. If Bill Gates were stripped of his wealth and home, and was cast onto the street, he would be back on his feet and earning money in a heart beat. How can this happen? Human capital. 

Wheelan goes on to describe human capital in different analogies. I find two passages most interesting.   Wheelan relates human capital to the overall healthiness of the economy. When the "tide" rises, all boats will be lifted, however even then, unskilled workers will still be hanging on to the "driftwood" out of desperation. Continuing the paragraph, Wheelan explains " A robust economy does not transform valet parking attendents into college professors, investments in human capital do that." Personally this is a small sense of relief, and encouragment. As long as you have the willingness to learn and the work ethic to do so, you will develop human capital, which in turn can make you more valuable to the eonomy and workforce.