His view on tax reform is heretical as well: he decries tax breaks for investment in physical capital, declaring that taxes on families should be cut instead, since families create human capital.
In the awful corporate language that crown princes now feel constrained to speak, Prince Mohammed said that, while Abu Dhabi possessed oil and gas for the present, "We need as of today to stress that learning outcomes should create human capital that is able to serve us for the 50 years and beyond".
We strongly believe that building scientific and technical capacity in developing countries will help local scientists define and choose their own development options, acquire indigenous capacity to create human capital and appropriate institutions for development, and, finally, have a more equitable voice in international affairs.
We need to create human capital through education as well as through good nutrition, health care and an end to the unacceptable number of preventable deaths of children under five.
The economists would say to create more human capital so that's by investing in effective education, all sorts of education, but of course also health and then in physical infrastructure, the road structure, the energy infrastructure.
They will need to access new technologies, most probably through foreign investment, and create the human capital that can master these technologies.
But we create human nature.
Salesforce.com plans to re-launch Rypple as "Successforce" and create a new human capital management business unit.
The social benefits they generate would not be linked to the short-term jobs they create, but the human capital that would accumulate as a result of these jobs.
Fifth, Europe must invest in human capital – creating opportunities for people.
