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Schultz, T. W. (1902–1998)

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Abstract

Theodore W. Schultz transformed the study of agricultural economics and economic growth and development. He made seminal contributions advocating the importance of human capital and particularly education for understanding economic growth in developed and developing countries. In this brief sketch I review his intellectual contributions to economics.

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Bibliography

  • Balogh, T. 1964. Review of transforming traditional agriculture. Economic Journal 70: 996–999.

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  • Griliches, Z. 1957. Hybrid corn: An exploration in the economics of technological change. Econometrica 4: 501–522.

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  • Johnson, D.G. 1998. In memoriam: Theodore W. Schultz. Economic Development and Cultural Change 47: 29–213.

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  • Nerlove, M. 1999. Transforming economics: Theodore W. Schultz, 1902–1998: In memoriam. Economic Journal 109: F726–F748.

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Acknowledgments

The National Science Foundation and the National Institute of Child Health and Human Development provided research support. I thank Glen Cain, T. Paul Schultz and Kenneth I. Wolpin for comments.

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© 2018 Macmillan Publishers Ltd.

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Walker, J.R. (2018). Schultz, T. W. (1902–1998). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1854

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