Showing papers in "Social Science Research Network in 1964"
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TL;DR: In this paper, the impact of investments in human capital on an individual's potential earnings and psychic income was analyzed, taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level.
Abstract: A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP)
7,869 citations
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TL;DR: In this article, the authors argue that when individual consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production, and that certain commodities of a pure individual consumption variety also possess characteristics of pure collective consumption good.
Abstract: Certain commodities of a pure individual-consumption variety also possess characteristics of a pure collective-consumption good. In certain cases when individual-consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production.
6 citations
TL;DR: In this article, the role of the executive and the legislature in making and implementing international treaties in New Zealand is discussed, and various methods of giving legislative effect to international treaties, weighing the advantages and disadvantages of each.
Abstract: This article is primarily concerned with the role played by the executive and the legislature in making and implementing international treaties in New Zealand. Kenneth Keith considers various issues relevant to this topic, starting with the process for signing treaties and entering into agreements. He outlines several exceptions to the general rule that the executive has unlimited power to enter into treaties, discussing the role of the legislature in treaty making and the constitutional convention that Parliament has the right to debate the question of acceptance of important treaties. This leads to a consideration of which treaties are deemed “important” and who decides this. In the final part of the article, the author considers the various methods of giving legislative effect to international treaties, weighing the advantages and disadvantages of each.Abstract by Juliet Bull.
2 citations
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TL;DR: A review of "The Supreme Court on Trial" questions why the work's tackling the age-old issues of the source of judicial review and its constitutionality is particularly novel or unique from other such examinations as discussed by the authors.
Abstract: This review of "The Supreme Court on Trial" questions why the work’s tackling the age-old issues of the source of judicial review and its constitutionality is particularly novel or unique from other such examinations. Issue is also taken with Brown v. Boards dominance of such discussion and the book’s poor treatment of the desegregation cases.