"Commodification" is a sociological term that has become widely adopted as part of the higher education lexicon. It has been argued that an increased emphasis on the commercial relevance of university courses is anathema to the values of the academy, resulting from the widespread adoption of neo-liberal policies towards education. This article…

In the broad sense of the word human capital is a specific form of capital that is embodied in people themselves. It consists of the individual's reserve of health, knowledge, skills, abilities, and motivations that enable him to increase his labor productivity and give him an income in the form of wages, salaries, and other income. The structure…

Describes a classroom exercise designed to illustrate the economic aspects of common ownership, individual ownership, government regulation and to examine how these relate to conservation. The exercise involves the incremental distribution (via a turkey baster) of water between buckets marked "now" and "future." Different rules replicate different…