Introduction: essays in honor of Wallace Huffman
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This introduction relates how Wallace Huffman went from a farm boy in southern Iowa to Iowa State University and the University of Chicago, and then brought the human capital approach of T.W. Schultz and D. Gale Johnson back to Iowa State. We also show how Huffman’s work in human capital, rural labor markets, technological innovation, returns to research and development, and behavioral economics are influencing current research in these areas, as was evident in the papers presented in this collection.