Theodore W. Schultz

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Theodore W. Schultz

Theodore W. Schultz ( Theodore William Schultz ; born April 30, 1902 in Arlington , South Dakota , † February 26, 1998 in Evanston , Illinois ) was an American economist .

In 1979, Theodore William Schultz and William Arthur Lewis received the Swedish Reichsbank's Economics Prize in memory of Alfred Nobel .

Life

Schultz attended South Dakota State College from 1921 to study agriculture. After graduating in 1927, he went to the University of Wisconsin – Madison , where he received his doctorate in 1930 in Agricultural Economics. From 1930 to 1943 he taught at Iowa State College and from 1946 to 1961 he was a professor at the University of Chicago . In 1958 he was elected to the American Academy of Arts and Sciences , 1962 to the American Philosophical Society and 1974 to the National Academy of Sciences .

In 1960, Schultz was standing American Economic Association as president-elect before.

research

His work showed the connection between the level of education of the population and economic prosperity and advocated an education program for developing countries. Among other things, he investigated why Japan and Germany recovered faster than, for example, after the Second World War. B. Great Britain and attributed this to good health care and education. He was one of the founders of the human capital theory . He also did important work in the field of agricultural economics .

Publications

  • Redirecting Farm Policy , Macmillan 1943
  • Agriculture in an unstable economy. McGraw Hill 1945
  • The Economic Organization of Agriculture. McGraw Hill 1953
  • The Economic Value of Education. Columbia University Press 1963
  • Transforming Traditional Agriculture. Yale University Press 1964
  • Economic Growth and Agriculture. McGraw Hill 1968
  • Investment in human capital. The Role of Education and of Research. New York: Free Press 1971
  • Human resources, human capital. Policy issues and research opportunities. New York: National Bureau of Economic Research 1972
  • Investing in People. The Economics of Population Quality. University of Chicago Press, 1981
    • Invest in people. The economics of population quality. Mohr, Tübingen 1986, ISBN 3-16-944837-4
  • The Economics of Being Poor , Blackwell Publishers 1993
  • Origins of Increasing Returns , Blackwell Publishers 1993

Web links

Individual evidence

  1. ↑ Member History: Theodore W. Schultz. American Philosophical Society, accessed December 23, 2018 .
  2. ^ Past and Present Officers. aeaweb.org ( American Economic Association ), accessed April 15, 2018 .
personal data
SURNAME Schultz, Theodore W.
ALTERNATIVE NAMES Schultz, Theodore William
BRIEF DESCRIPTION American economist and Nobel Prize winner
DATE OF BIRTH April 30, 1902
PLACE OF BIRTH Arlington, South Dakota
DATE OF DEATH February 26, 1998
Place of death Evanston (Illinois)