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How Come This Book?
document TEXT-001-HOUSE_OVERSIGHT_010912.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…lue equation in 1958, and modeled investment in human capital through job training. Nobelists Theodore Schultz and Gary Becker soon joined in. New insights included the realization that human capital grows from the self-invested work of learning, as well as the outside Chapter 2:...

Owner last Name Owner First Name Parcel Address Suite Mailing Address Suite City State Zip
document TEXT-001-HOUSE_OVERSIGHT_016698.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… JR & BILOTTI CARLO F & 204 VIA DEL MAR LLC VECELLIO LEO A JR & MOENS LAWRENCE A READ ISABEL C 860 SOUTH OCEAN BLVD INC BECKER CHARLES E TR TOMSICH ROBERT J TR PASHCOW JOEL STEVE & LINDA HORN INC LICHTENBAUM JOYCE M & TELESCO DOMINICK & SUSAN ROWAN RENA FLYNN MICHAEL & DAVIS JUNE...

8.1. Human Capital
document IMAGES-008-HOUSE_OVERSIGHT_024494.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ieves that national economies that fail to embrace this concept will be left behind. Nobel Prize winning economist Gary Becker estimates that in today’s service based economy, human capital accounts for 76% of the assets in the U.S. 2005 Human Capital - $238 Trillion Market 2005...

future pay runs out. So do I. The puzzle is how pay could rise while human capital
document IMAGES-001-HOUSE_OVERSIGHT_010954.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…uctive with age, or depreciates all at once, seem implausible in each case and cannot begin to explain enough. I think Becker hinted at the answer in 1964. Becker pointed out that job training at the Chapter 2: Fast Forward 1/06/16 14 HOUSE_OVERSIGHT_010954

throughout economic history until new insights now summarized as the marginalist
document IMAGES-001-HOUSE_OVERSIGHT_010970.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… many writers try to follow a chain of inference as far without the comforting touch of the stone and wood and rope. If Becker had been as venturesome, he might well have solved the age-wage problem in 1964. I see no other path. Economics is all inside. It is tastes expressed in...

50434426100003300 Becker Patricia 141
document 50434426100003300 BECKER PATRICIA 141 House Oversight Committee — Epstein Estate Records (Nov 2025)

600.00 0 COOPERATIVE 5043442610 PALMBEACHER APTS INC CO-OP 330 0510 CO-OP 1961 915 141600

50434435130020022 Becker Shirley 291
document 50434435130020022 BECKER SHIRLEY 291 House Oversight Committee — Epstein Estate Records (Nov 2025)

218.00 0 CONDOMINIUM 5043443513 ATRIUMS OF PALM BEACH I COND 0022 0400 CONDO 1979 2119 543900

The pay rule joins free growth theory and the Y rule as the three major surprises
document IMAGES-001-HOUSE_OVERSIGHT_010956.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nality for any idea in economics, this one just might pass the test. If someone out there knows a precedent closer than Becker’s, as | eventually found ones for what I had thought were my own free growth and next generation theories, all the more fun in finding those unsuspected...

employers’ expense is part of investment in human capital, and reasoned that
document IMAGES-001-HOUSE_OVERSIGHT_010955.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…t in human capital, and reasoned that employers won't pay it unless they expect eventual recovery with interest. What Becker stopped short of saying is that the same is true of any investment in anything by anyone. When we invest for our own benefit, we expect recovery by ourse...

Supplementary References
document IMAGES-004-HOUSE_OVERSIGHT_017038.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…://en.wikipedia.org/wiki/Geographical_renaming] Christian Bizer, Jens Lehmann, Georgi Kobilarov, Soren Auer, Christian Becker, Richard Cyganiak, Sebastian Hellmann.” DBpedia — A Crystallization Point for the Web of Data.” Journal of Web Semantics: Science, Services and Agents on...