>>ongoing debate over what kind of investments in human capital If we start by adopting the "human capital" frame, we've already biased the discussion. The pre

>>ongoing debate over what kind of investments in human capital If we start by adopting the "human capital" frame, we've already biased the discussion. The premise of this frame is that earnings are all to be understood as returns on capital. Earnings that are not returns capital are evidence if some sort of dark capital. A related frame is a supply/demand understanding of executive pay, or lawyer salaries... it's hard to square observations with theory, resulting in some pretty weird conclusions. If we want to explore new ideas, imo, it's best to avoid rhetorical or theoretical frames that yielded the old ones. This article is a perfect case in point. Models of parenting "types" as causal to earnings. What bollocks.