The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979
Co-Nobelist: Sir Arthur Lewis
Agricultural economist. Pioneered â€˜human capitalâ€™ research. Population quality, knowledge matter. Concern for poor. Keen observer of world in which he lived. Very Humorous.
â€œMankind's future is not foreordained by space, energy, cropland. Will be determined by intelligent evolution of humanity. Agree with Margaret Mead: "Future of mankind is open ended."â€
Name: Theodore W. Schultz
Birth: 30 April 1902, Arlington, SD, USA
Death:26 February 1998, Evanston, IL, USA26 February 1985, New Haven, CT, USA
Institution: University of Chicago, Chicago, IL, USA
Award: "for their pioneering research into economic development research with particular consideration of the problems of developing countries"
Subject: development economicstheory of optimal allocation of resources
Portion of Prize: 1/2