Human Capital Defined

This topic has been on my mind lately, and since Labor Day was recently celebrated (Monday, 9/2/13), I think HC and HC Investment is an appropriate direction for the next few posts.  First, a definition.  Human Capital is a set of knowledge, skills, and talent that can potentially be "sold" in the marketplace.

                                               

                                                                             Source: Google Images

Might there be a way to determine the current value of your human capital?  Yes, absolutely!  Just figure out what you'd be able to earn in the labor market by "selling" your knowledge, skills, and talent.  Be realistic in your HC estimate, but don't underestimate yourself:  How much money would a potential employer pay for what you can offer them, right now?