In Knowledge based Economy rate of return is higher! Even if we introduce moral capital, rate of return is higher for moral than intellectual capital.
This is classical interpretation, where pure quantity is represented. I would ask mr. Kahn if instead of physical labor we introduce the quality of labor what is marginal productivity of labor.
great!
Rooseveltboh 1 month ago
In Knowledge based Economy rate of return is higher! Even if we introduce moral capital, rate of return is higher for moral than intellectual capital.
alauc 1 month ago
This is classical interpretation, where pure quantity is represented. I would ask mr. Kahn if instead of physical labor we introduce the quality of labor what is marginal productivity of labor.
alauc 1 month ago
@khanacademy thx for the videos.
seablackgold 1 month ago
As always, great videos!!!!
krellon 1 month ago
I can definitely feel the undercurrent of calculus in this one.
NinkasiDelight 1 month ago