Building Our Human Capital

Stein, Ben; DeMuth, Phil
March 2006
Journal of Financial Planning;Mar2006, Vol. 19 Issue 3, p86
Academic Journal
The article presents advice to American workers and investors concerning the challenges posed to the U.S. economy by countries such as Japan, China, India and South Korea. The authors discuss the importance of education to East-Asians and describe a training facility for Ph.D. engineers constructed by South Korea's Samsung, which allows these engineers to live and work in the same space. The authors say that Americans are capable of rising up to the economic challenges posed by these nations in the coming decades. The prescription offered by the authors for the competition that is forthcoming is hard work, education and consistent investing and financial planning.


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