Theodore Schultz

Economics United States 1902 – 1998 101 quotes

American economist who emphasized education's role in agricultural productivity.

Most quoted

"Most of the people of the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters."

— from Nobel Lecture, 1979

"The formation of human capital has been the most distinctive feature of the human and economic history of the twentieth century."

— from Nobel Lecture, 1979

"The value of human capital is not just in its productive capacity, but also in its ability to adapt to change."

— from The Value of the Ability to Deal with Disequilibria, 1975

All quotes by Theodore Schultz (101)

Reflecting on life, I see economics as a tool for human flourishing.

Memoir 1995