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When you're very poor almost all of your assets are your earning capacity which isn't counted. So a top notch MIT graduate who participated with say 5$ in the c
by guykdm 8y ago
When you're very poor almost all of your assets are your earning capacity which isn't counted. So a top notch MIT graduate who participated with say 5$ in the cost of his education and can now earn a lot (which can be seen as a yielding asset) is now counted as 5$ poorer. Human capital isn't counted.