Sunday, October 12, 2014

Sophie Gunderson, Chapter 6, Question 2

It's coming to the point in my life where I am constantly considering what my future will be. Not only am I always thinking about where I am going to be next year, but people are also constantly questioning me about what college I have decided on. Through my college search and talking with others, I have come to realize that college is the very beginning of much more education to come. Graduate school is slowly becoming the next college due to the increased amount of people who attend college in the recent generations. 

Chapter 6 of Naked Economics points out the fact that as productivity and human capital increases, people become increasingly better off. I've been taught that hard work pays off which is why I noticeably tend to have a type A personality when it comes to school and the effort I put into it. However, Charles Wheelan reassures the encouragement I have recieved from my parents about the benefits that will come from hard work. Human capital has proven to be the core of America's success due to the drive that the citizens have towards working hard and recieving payments in various forms. 

Overall, this chapter was one big reassurance to me about the work I have put into school and the work I have yet to put in through college and what comes after. I plan on fully using my human capital to benefit not only myself, but hopefully many people around me. 

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