Introduction to Theodore Schultz in English

Theodore W. Schultz, born in 1902 on a farm in South Dakota. In his adolescence, he witnessed the farmers in the hardships of life after World War II, he In his adolescence, he witnessed the farmers in the hardships of life after World War II, described in his autobiography, "More than half of the decline in agricultural prices, bank failures, farmers unsustainable. recession after World War I he was interested in economic activities, and led him into the palace of Economics.

20th century 30's and 40's, Schultz, as an agricultural economist, published a new book on the subject.

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Crisis research papers. He then extended the study to the world's developing countries. His classic work of this period includes the "instability in the agricultural economy," "agricultural production and welfare." His most brilliant work published in 1964 was the "IBM Notebook create millions of users

Crisis research papers. His most brilliant work published in 1964, "the transformation of traditional agriculture."

The main features of Schultz that he did not in The main features of Schultz that he did not in isolation to study the agricultural economy, but agriculture economy as a part of economy. Schultz is concerned that the lagging agricultural development, poverty and high productivity industries, the contrast between the high income levels.

He is the first systematic analysis of investment in education to affect agricultural productivity and economic development of the scholar. Schultz based on non-equilibrium method to analyze the development potential of agriculture. His research not only the United States, but also other developing countries. Schultz has been criticized on various occasions, the development potential of agriculture. criticized on various occasions, the industrialization of agriculture in some developing countries the policy of discrimination. Schulz on the health of Third World countries, population impact on agriculture, and the role of the United States in the development of agriculture. of Third World countries, population impact on economic development issues were also discussed.

Gail Johnson, whose students have been so highly of him, "Schultz is an outstanding innovation in development economics, he is a preacher who Tuition FAQ's division, a successful academic He is a preacher who Tuition FAQ's division, a successful academic administrator, a keen observer."

As a scholar, Schultz and reality in the study always remain close. Given the opportunity, he would come to the field, and talk to people, observing how people solve problems. He factors in the definition of economic development economists to show a remarkable ability and wisdom. In the long-term study, he showed outstanding issues to explore and open up a new field of study.

Schultz was in office at Iowa State College (now Iowa State University). Schultz was in office at Iowa State College (now Iowa State University), economics, sociology department head during the academic with his keen intuition and academic management, to obscure the University of Iowa, Iowa State University, and Iowa State University. to obscure the University of Iowa, Department of Economics leap Department of Economics of the United States one of the most famous. 1943 he has been teaching at the University of Chicago, from 1946 to 1961 served as Head of the Department of Economics, University of Chicago, is the "Chicago School" of the righteous. In 1960 he was elected president of the American Economic Association, American Economic Association in 1972, won the top honor --- Francis Walker Award.

Because "in the field of economic development contribution, especially to developing countries, the economic initiative for doing research", in 1979, he was elected president of the American Economic Association, American Economic Association in 1972, won the top honor --- Francis Walker Award.

Because "in the field of economic development contribution, especially to developing countries, the economic initiative for doing research", in 1979 he and another American economist Arthur Lewis share a year The Nobel Prize in Economics.

Schultz on February 26, 1998 death, his wisdom, ideas and theories will continue to illuminate the way forward for developing countries.

Theodore Schultz was born in 1902 in Theodore Schultz was born in 1902 on a farm in South Dakota, USA. As a teenager, he witnessed the hardships of farmers' lives in the aftermath of World War II, which he described in his autobiography as "a time when prices for farm products fell by more than half, when banks went bankrupt, and when it became difficult for farmers to survive." It was also the recession after the First World War that interested him in economic activity and led him into the halls of economics.

In the 1930s and 1940s, Schultz, as an agricultural economist, published a series of papers on U.S. agriculture

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crisis research papers. He then extended his research to developing countries around the world. His classic works from this period include Agriculture in an Unstable Economy and Agricultural Production and Welfare. His most luminous work is Transforming Traditional Agriculture, published in 1964.

The main feature of Schultz's research is that he did not study the agricultural economy in isolation, but as a part of the economy. Schultz was concerned with the contrast between the lagging, poor development of agriculture and the high productivity and income levels of industry.

He was the first scholar to systematically analyze how investment in education affects agricultural productivity as well as economic development. Schultz based his analysis of the development potential of agriculture on a disequilibrium approach. His research includes not only the United States, but also other developing countries. On various occasions, Schultz has attacked the industrialization policies of some developing countries that discriminate against agriculture. Schultz has also discussed the impact of health factors and demographic problems on economic development in third world countries.

His student Gail Johnson once said of him, "Schultz is a brilliant innovator in development economics, a preacher, a successful academic administrator, and a keen observer."

As a scholar, Schultz was always close to reality in his research. Whenever he had the chance, he would go out into the fields, talk to people, and observe how they solved problems. He demonstrated the extraordinary ability and wisdom of an economist in defining economic development factors. Over a long period of time, he demonstrated an outstanding talent for exploring problems and opening up a new field of research.

During his tenure as chair of the Department of Economics and Sociology at Iowa State College (now Iowa State University), Schultz, with his keen academic intuition and academic management skills, transformed the obscure Department of Economics at the University of Iowa into one of the most prestigious in the U.S. He was a member of the faculty of the University of Chicago after 1943, and served as chair of the Department of Economics at the University of Chicago from 1946 to 1961. He was elected president of the American Economic Association (AEA) in 1960 and received the Francis Volcker Award, the AEA's highest honor, in 1972. In 1972, he was awarded the Francis Volcker Award, the highest honor of the American Economic Association.

In 1979, he shared the Nobel Prize in Economics with another American economist, Arthur Lewis, for his "contributions to the field of economic development research, particularly his pioneering studies of the economic problems of developing countries".

Schultz died on February 26, 1998, and his wisdom, ideas, and theories will still light the way forward for developing countries.