Greg Mankiw's Blog: Wanted: More skilled workers --- Mr Think Lilke BrainDrain, if brain direct people to have better life, we would able to chew over our choice of Nut v Shell or both-- and Mr. SealYourLips – Silence is the beauty of speaking, Stinking beauty is to clean
Human Capital- by Gary S. Becker
...Education and training are the most important investments in human capital. Many studies have shown that high school and college education in the United States greatly raise a person's income, even after netting out direct and indirect costs of schooling, and even after adjusting for the fact that people with more education tend to have higher IQs and better-educated and richer parents. Similar evidence is now available for many years from over a hundred countries with different cultures and economic systems. The earnings of more educated people are almost always well above average, although the gains are generally larger in less developed countries...
Solow growth model