San Antonio College Library

In this study, the authors develop an indicator of the value of human capital stock held by the nation's working-age population. They then use that indicator to assess the utilization of the nation's human capital stock overall and by a number of demographic subgroups. This serves to complement the many existing indicators that measure the U.S. economy's capital utilization.

"There's an iceerg dead ahead. It's called global aging, an it threatens to bankrupt the great powers. As the populations of the world's leading economies age and shrink, we will face unprecedented political, economic, and moral challenges. But we are woefully unprepared. Now is the time to ring the alarm bell ..."