
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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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
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