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Theodore Schultz
Sign in to saveAlso known as Theodore W. Schultz, Teodoro Guillermo Schultz
American economist
Theodore Schultz was an American economist who made important contributions to economic theory and policy during the twentieth century. His work matters because it helped shape how economists understand and analyze significant aspects of economic development and human behavior.
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Person · Open Library
- Works
- 1
Top works
- Transforming Traditional Agriculture
via Open Library + Wikidata
Recent publications · Crossref
5 total works indexed
- Initial sequencing and analysis of the human genome
· 2001 · cited 18,517x
- Global burden of 369 diseases and injuries in 204 countries and territories, 1990–2019: a systematic analysis for the Global Burden of Disease Study 2019
· 2020 · cited 15,320x
- The cBio Cancer Genomics Portal: An Open Platform for Exploring Multidimensional Cancer Genomics Data
· 2012 · cited 14,932x
- Integrative Analysis of Complex Cancer Genomics and Clinical Profiles Using the cBioPortal
· 2013 · cited 11,883x
- Plastic waste inputs from land into the ocean
· 2015 · cited 10,709x
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Quotes
- “The dominant social thought shapes the institutionalized order of society... and the malfunctioning of established institutions in turn alters social thought.”
- “The adverse economic events following the First World War turned me toward economics... I learned during my youth how hard it was for farm families to stay solvent. Farm product prices fell abruptly by more than half. Banks went bankrupt and many farmers suffered foreclosures. Was politics or economics to blame? I opted for economics.”
- “Although it is obvious that people acquire useful skills and knowledge, it is not obvious that these skills and knowledge are a form of capital, that this capital is in substantial part a product of deliberate investment, that it has grown in Western societies at a much faster rate than conventional (nonhuman) capital, and that this growth may well be the most distinctive feature of the economic system.”
- “Much of what we call consumption constitutes investment in human capital. Direct expenditures on education, health, and internal migration to take advantage of better job opportunities are clear examples. Earnings foregone by mature students attending school and by workers acquiring on the-job training are equally clear examples.”
- “Investment in human capital accounts for most of the impressive rise in the real earnings per worker.”
- “Economists have long known that people are an important part of the wealth of nations.”
via Wikiquote · CC BY-SA
Wikidata facts
- Image
- Theodore W. Schultz.jpg
Show 4 more facts
- date of birth
- 1902-04-30
- date of death
- 1998-02-26
- name in native language
- Theodore William Schultz
- Commons category
- Theodore Schultz
via Wikidata · CC0
~12 min read
Article
Theodore William Schultz (/ʃʊlts/ SHUULTS; 30 April 1902 – 26 February 1998) was an American agricultural economist and chairman of the University of Chicago Department of Economics. Schultz rose to national prominence after winning the 1979 Nobel Memorial Prize in Economic Sciences.
Early life and education