Tereza Chapter 6 question 6

I know that it has been already said, but I agree with everybody who said that this chapter was interesting, more importantly, for me, it was one of the easiest to understand.

Throughout the chapter, Wheelan showed me different aspects of human capital, which I before thought of as complex, he explained in simple ideas. First, he wrote, "the price of a certain skill bears no inherent relation to its social value, only its scarcity" (128). I found the whole chapter based on this mere sentence. The human capital we produce is scarce for the global economy, our future, our children. Second, "Jobs are created anytime an individual provides a new good or service, or finds a better (or cheaper) way of providing an old one" (132). This reminds me of my dad, who owned a company, but then sell it to a young man, my dad didn't stay unemployed, nor was working for someone, but he created his own new business, therefore there is no fixed amount of jobs, as a new job has been created. In addition, the part about gap in wages has been the most enjoyable. In every society, there is a group or people that is going to work in a fast food for the rest of theirs life, on the contrary, there is going to be a group that is going to do the job for which you need creativity, knowledge, charisma, but how Wheelan said, if everyone was rich, productive and comfortable, it would not work.