The determinants of educational attainment are considered within Becker’s analysis of the supply and demand for human capital at the individual level. The following sources of variation are considered: type of settlement, assortative mating, household demography, reasons for school drop...

Rereading D Hobart Houghton’s The South African Economy (1967) and Economic Development1865-1965 (1971) brings to mind the stark theoretical and empirical differences between his account of thirty years ago and current views of economic growth. Hobart Houghton wrote within the optimistic...