The United States' official poverty measure defines the poor in terms of a family's actual, yearly cash income relative to an estimate of the income needed to sustain a minimally acceptable standard of living. An alternative definition, designed to reflect a family's ability to achieve economic...

Intro -- Contents -- Preface -- 1 - Introduction -- 2 - Indicators of the Nation's Production Capacity and Utilization -- 3 - The Concept of Human Capital: A Framework -- 4 - The Concept of Human Capital: Theoretical Underpinnings and Empirical Estimates -- 5 - Earnings Capacity as an Indicator...