Training on the job, an important element in the formation of human capital, is a particularly promising objective of government policy for the disadvantaged who, because they require a variety of special services and arrangements, are costly to employ initially. Presently, under the NAB-JOBS...

This paper reports in succinct form the findings of a study undertaken a number of years ago that sought to measure the relation between risk and rate of return and, thus, to determine an empirical basis for implementing several Supreme Court decisions (Bluefield Waterworks Case, 1923, for one)...