Lâm Minh Chánh

First status written in English in our Group

I understand that, there is a need of learning English in our Group. Therefore the group will promote our members to write and speak English. We will have English status regularly, may be weekly. We also will organize coffee talk, seminar in English.

The content below is from Wikipedia. This is the definition of human capital which was mentions by Avi Hasson, Chief Scientist of the Ministry of Economy of Israel this morning.

“Human capital is a term popularized by Gary Becker, an economist from the University of Chicago, and Jacob Mincer that refers to the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

Alternatively, human capital is a collection of traits — all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed individually and collectively by individuals in a population. These resources are the total capacity of the people that represents a form of wealth which can be directed to accomplish the goals of the nation or state or a portion thereof.

It is an aggregate economic view of the human being acting within economies, which is an attempt to capture the social, biological, cultural and psychological complexity as they interact in explicit and/or economic transactions. Many theories explicitly connect investment in human capital development to education, and the role of human capital in economic development, productivity growth, and innovation has frequently been cited as a justification for government subsidies for education and job skills training.

“Human capital” has been and continues to be criticized in numerous ways. Michael Spence offers signaling theory as an alternative to human capital. Pierre Bourdieu offers a nuanced conceptual alternative to human capital that includes cultural capital, social capital, economic capital, and symbolic capital. These critiques, and other debates, suggest that “human capital” is a reified concept without sufficient explanatory power”

Please do not write comment in Vietnamese but English. Please do not be afraid of making mistakes. Just write, just speak English. That is the best way to learn English.

Have a good evening
Lam, Minh Chanh
Co-Founder of “Management and Startup” Group.