Alice will still have the human capital, in theory, to pay Bob back, though bankruptcy is an issue.
What do you mean by human capital? I imagine it involves the selling of humans in some form or other. Am I misunderstanding?
Human capital is training, skills, knowledge, etc. Essentially, the idea involves Alice then working to pay off her debts.
Ah, okay. Thank you; I’d heard it before, but for some reason this time only illicit activities came to mind.
Human capital:
http://en.wikipedia.org/wiki/Human_capital
http://www.econlib.org/library/Enc/HumanCapital.html
http://www.investopedia.com/terms/h/humancapital.asp
Alice will still have the human capital, in theory, to pay Bob back, though bankruptcy is an issue.
What do you mean by human capital? I imagine it involves the selling of humans in some form or other. Am I misunderstanding?
Human capital is training, skills, knowledge, etc. Essentially, the idea involves Alice then working to pay off her debts.
Ah, okay. Thank you; I’d heard it before, but for some reason this time only illicit activities came to mind.
Human capital:
http://en.wikipedia.org/wiki/Human_capital
http://www.econlib.org/library/Enc/HumanCapital.html
http://www.investopedia.com/terms/h/humancapital.asp