The article contests an argument that the creation of a capital market in educational "human capital" and subsequent voluntary transactions on this market are sufficient to create equal opportunities in education, consequently reducing the income premium enjoyed by households with higher initial...

This article deals with the problem of the lack of talented employees across industries, from the low-tech to the high-tech, as well as across countries, from the developed to the developing ones. The author includes among the key causes the increase in "intangible assets', ageing populations,...