
Larry Kotlikoff – What Explains Persistent Racial Inequality?
The Glenn Show
00:00
Human Capital Is Not Just a Transaction
Social capital is the amount of human capital acquired by somebody to whom you're connected. It's based on how people connect, on who they relate to, and how they understand themselves. And i'm thinking that race, we talk about racial inequalities. You don't even getrace unless people behave in a way to produce race. They have to actually decide to produce and to reproduce the underlying physical dfferentiation. That is, is the basis oo racegon jus ation tomeiii'm start to goin but i just wantd to say, you asked me what was social capital. Ah, that a human developmentit is not just transaction. It's also relation,
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