ECON 1915 Lecture Notes - Lecture 2: Oscar Lewis, Social Capital, Human Capital
23 Jan 2017
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Based on research at uc berkeley, you are more likely to break the law if you are. Half of us congressional politicians are millionaires. Human capital- determined by the state of nutrition, health, and education of the population. In the late 20th century, various studies allocate a greater % to human and social capital. 1994- putnam is the precursor of the analysis of social capital. Social capital is comprised of (these elements illustrated the richness and strength of a society"s internal social structure) The degree of trust in existence between social actors. The norms of civic behavior: need open dialogue. Level of association (in any given society: how engaged people are in social activities in society. Stephan baas adds that social capital also has to do with cultural expressions. Horizontal institutional arrangements have a positive impact on the generation of webs of trust, good government, and social equity.
