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The correlation between education and earnings - a comment |
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| Authors: | Adam Westoby |
| Affiliation: | (1) Higher Education Research Unit, London School of Economics, London, England |
| Abstract: | In this note, Blaug's article in Volume 1, No. 1, is criticised on the grounds that the  economic interpretation of the correlation between education and earnings is based on a mistaken view about the nature of capital; and hence human capital theories are logically incoherent. |
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