Theodore william schultz biography of barack

After his retirement, he focused on independent research and penning his many books on agriculture and the economy. Throughout his long career, Theodore Schultz has written books on several subjects, while mostly focusing on the topic of economics. Some of his most famous books are listed below.

Theodore william schultz biography of barack: Theodore William Schultz was an American

As well as authoring books, Theodore Schultz also had a hand in editing many books about agriculture and the economy. Some of the books he has edited are listed below. InTheodore Schultz married Esther Wert. This couple had three children together. They were married until his death.

Theodore william schultz biography of barack: Theodore William Schultz was an outstanding

Taylor Edwin F. Gay Matthew B. Hammond Ernest L. Bogart George E. Barnett William Z. Ripley Harry A. Millis John M. Clark Alvin S. Johnson Oliver M. Mills Sumner Slichter Edwin G. Nourse Albert B. Wolfe Joseph S. Davis I. Leo Sharfman Emanuel A. Ellis Frank Knight John H. Williams Harold A. Innis Calvin B. Hoover Simon Kuznets John D. Black Edwin E.

Witte Morris A. Copeland George W. Stocking Arthur F. Burns Theodore W. Schultz Paul A. Samuelson Edward S. Mason Gottfried Haberler George J. Stigler Joseph J. Boulding William J. Arrow Walter W. Heller R. Aaron Gordon Franco Modigliani Lawrence R. Klein Jacob Marschak Tjalling C. Koopmans Robert M. Solow Moses Abramovitz William J. Baumol Gardner Ackley W.

Arthur Lewis Charles L. Schultze Charles P. Kindleberger Alice M. Rivlin Gary S. Becker Robert Eisner Joseph A. Fuchs Anne O. Krueger Arnold C. Harberger Robert W. Fogel D. Gale Johnson Dale W. Jorgenson Sherwin Rosen Robert Lucas Jr. Shiller Alvin E. Samuelson Simon Kuznets John R. Meade Herbert A. Simon Theodore W. Klein James Tobin George J.

Buchanan Jr. Sharpe Ronald H. Coase Gary S. Becker Robert W. North John C. Nash Jr. Lucas Jr. Scholes Amartya Sen Robert A. A persistent theme in Schultz's books is that rural poverty in poor countries persists because government policy in those countries is biased in favor of urban dwellers and against rural dwellers. Schultz is optimistic that, without this government hostility to agriculture, poor agricultural nations can develop.

When he travels to serve on commissions or to attend conferences, he visits farms. His visits to farms and interviews of farmers have led to new ideas, not the least of which was on human capitalwhich he pioneered along with Gary Becker and Jacob Mincer. After World War II, while interviewing an old, apparently poor farm couple, he noticed how contented they were.

Theodore william schultz biography of barack: In Schultz was president of

When he asked them why they were so contented even though poor, they answered that they were not poor because they had used up their farm to send four children to college and that these children would be productive because of their education. This led Schultz quickly to the concept of human capital, capital produced by investing in knowledge.

Schultz passed away on February 26,leaving behind a legacy that continues to influence the field of economics. Theodore Schultz grew up on a farm in South Dakota, which influenced his lifelong interest in agricultural economics. He served as the Chairman of the Department of Economics at the University of Chicago from to He was awarded the National Medal of Science in for his contributions to economic science.