Richard Saller - Classics Department, Stanford University
| 060809 | Human capital and the growth of the Roman economy |
| Richard Saller, Stanford University | |
 |
Abstract - Over the past 50 years economists have increasingly emphasized investment in human capital as a fundamental cause of sustained economic growth, because investments in education, training and health make the labor force more productive. This paper examines Roman education and training, and argues that Roman investment in human capital was higher in the early empire that at any time in Europe before 1500 CE, but noticeably lower than in the fastest growing economies of the early modern era (e.g., the Netherlands). |
|
|