However, a strong case can be made that these expenditures represent an investment in future human capacities and should thus be accounted for separately from other consumption expenditure.35 Non-market and unpaid childcare activities represent a similar investment, yet these are not counted at all in macroeconomic statistics, whether as consumption or investment. It can thus be argued that total investment is underestimated in current economic statistics because the investment of both time and money in human potential is excluded. For example, spending on the operation of services for children in early childhood is classified as public consumption (current expenditure), although the construction of new nurseries and clinics is classified as public investment (capital expenditure).