KeenBrain
KeenBrain
KeenBrain

Theodore Schultz Quotes


Share this page on

Quotes by Theodore Schultz

Showing 1-8 of 8 Quotes by Theodore Schultz

Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world's poor people earn their living from agriculture, so if we knew the economics of agriculture, we would know much of the economics of being poor.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The adverse economic events following the First World War turned me toward economics.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


My schooling was disrupted by the shortage of labor during World War I. It meant foregoing high school. Then, late in 1921, I entered upon a short course in agriculture at South Dakota State College. I managed to enter college in 1924, and I was permitted to complete my college work in three years.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


In general, I avoided giving lectures or attaching myself while abroad to a university. To learn what I wanted to know, I went instead to rural communities and onto actual farms. Talk with university people, government officials and U.S. personnel stationed in the country was much less rewarding for me.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


People who are rich find it hard to understand the behavior of poor people. Economists are no exception, for they, too, find it difficult to comprehend the preferences and scarcity constraints that determine the choices that poor people make.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


What many economists fail to understand is that poor people are no less concerned about improving their lot and that of their children than rich people are.

~Theodore Schultz

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Biography

Nationality: American

Type: Economist

Born: April 30th, 1902

Died: February 26th, 1998

Links

Find Theodore Schultz on Amazon

Related Authors

Milton Friedman
John Kenneth Galbraith
Alan Greenspan
Robert Reich
Murray Rothbard
Paul Samuelson
Thomas Sowell
Thorstein Veblen

Popular Authors

Jeff Bezos Jesus Christ Noel Coward Colin Kaepernick D. H. Lawrence Martin Luther Demetri Martin Twiggy

Change your beliefs...change your life.

Get a related quote or insight every day.

(it's 100% free)

Follow Us On

Today's Birthdays

1931 - Desmond Tutu

1952 - Vladimir Putin

1573 - William Laud

1576 - John Marston

1727 - William Samuel Johnson

1746 - William Billings

1810 - Henry Alford

1849 - James Whitcomb Riley

1854 - Christiaan Rudolf De Wet

1879 - Joe Hill

Birthdays on October 7th
All Birthdays

Popular Topics

Age Car Courage Family Knowledge Marriage Mom Wisdom