Theodore W. Schultz AKA Theodore William Schultz Born: 30-Apr-1902 Birthplace: near Arlington, SD Died: 26-Feb-1998 Location of death: Evanston, IL Cause of death: unspecified
Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Economist Nationality: United States Executive summary: Investment in Human Capital Theodore W. Schultz won the Nobel Prize in Economics in 1979, sharing the honor with Sir Arthur Lewis. Schultz's work concerned developing economies, the economics of agriculture, and the value added to an economy when its people are well-educated with easy, efficient access to health care. In Schultz's international studies, he generally eschewed 'visiting professor' status at universities and meetings with bureaucrats, and instead talked with local farmers and rural community groups. In 1965, he was a founding member of the National Academy of Education.
Wife: Esther Florence Werth Schultz
University: South Dakota State University (attended, 1921) University: PhD Economics, University of Wisconsin (1930) Teacher: Economics, Iowa State University (1930-43) Professor: Agricultural Economics, University of Chicago (1943-98) Scholar: Fellow, Advanced Study in the Behavioral Sciences (1956-57)
Nobel Prize for Economics 1979 (with Sir Arthur Lewis) American Academy of Arts and Sciences American Economic Association President (1960) American Philosophical Society Institute of Current World Affairs National Academy of Education National Academy of Sciences National Bureau of Economic Research Board of Directors (1949-67) National Bureau of Economic Research National Bureau of Economic Research
Author of books:
Redirecting Farm Policy (1943) Agriculture in an Unstable Economy (1945) The Economic Organization of Agriculture (1953) The Economic Value of Education (1963) Transforming Traditional Agriculture (1964) Economic Growth and Agriculture (1968) Investment in Human Capital: The Role of Education and of Research (1971) Human Resources: Human Capital, Policy Issues and Research Opportunities (1972) Investing in People: The Economics of Population Quality (1981)
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