Theodore W. Schultz
Curriculum Vitae
| Born: | April 30, 1902, South Dakota, USA |
| Education: | South Dakota College, University of Wisconsin |
| Civil Status: | Married to Esther Florence Werth, three children |
| Address: | 5620 South Kimbark Avenue, Chicago, IL 60637, USA |
| Honors | |
| 1960 | President, American Economic Association |
| 1972 | Francis A. Walker Medal, American Economic Association |
| 1976 | Leonard Elmhirst Medal, International Agricultural Economic Association |
| 1974 | Member, National Academy of Sciences |
| 1956/57 | Fellow, Center for Advanced Study in the Behavioral Sciences |
| 1957 | Fellow, American Farm Economic Association |
| 1958 | Fellow, American Academy of Arts and Sciences |
| 1962 | Fellow, American Philosophical Society |
| 1960 | Guest of Soviet Academy of Sciences |
| 1965 | Founding Member, National Academy of Education |
| Honorary degrees | |
| 1949 | Grinnell College – LL.D. |
| 1959 | South Dakota State College – D.Sc. |
| 1962 | Michigan State University – LL.D. |
| 1968 | University of Illinois – LL.D. |
| 1968 | University of Wisconsin – LL.D. |
| 1979 | Catholic University of Chile – LL.D. |
| Nonacademic offices | |
| 1949-67 | National Bureau of Economic Research: Member, Board of Directors; Vice President – 1958 |
| 1957-78 | The Population Council: Trustee |
| 1935-58 | Institute of Current World Affairs: Trustee |
| 1973-77 | International Development Research Centre, Canada: Governor |
| 1975 | International Agricultural Development Service: Trustee |
| Books Authored |
| Redirecting Farm Policy, New York: Macmillan Company, 1943 |
| Agriculture in an Unstable Economy, New York: McGraw-Hill, 1945 |
| The Economic Organization of Agriculture, McGraw-Hill, 1953 |
| The Economic Value of Education, New York: Columbia University Press, 1963 |
| Transforming Traditional Agriculture, New Haven: Yale University Press, 1964 |
| Economic Growth and Agriculture, New York: MacGraw-Hill, 1968 |
| Investment in Human Capital: The Role of Education and of Research, New York: Free Press, 1971 |
| Human Resources (Human Capital: Policy Issues and Research Opportunities), New York: National Bureau of Economic Research, 1972 |
| Books Edited |
| Food for the World, Chicago: University of Chicago Press, 1945 |
| Investment in Human Beings, Chicago: University of Chicago Press, 1962 |
| Investment in Education: Equity-Efficiency Quandary, Chicago: University of Chicago Press, 1972 |
| New Economic Approaches to Fertility, Chicago: University of Chicago Press, 1973 |
| Marriage, Human Capital and Fertility, Chicago: University of Chicago Press, 1974 |
| Other Publications |
| “Diminishing Returns in View of Progress in Agricultural Production,” Journal of Farm Economics 14, October 1932. |
| “Capital Rationing, Uncertainty, and Farm-Tenancy Reform,” Journal of Political Economy 3, June 1940. |
| “Reflections on Poverty Within Agriculture,” Journal of Political Economy 1, February 1950. |
| “Declining Economic Importance of Agricultural Land,” Economic Journal 59, December 1951. |
| “Reflections on Agricultural Production, Output and Supply,” Journal of Farm Economics 3, August 1956. |
| “Investment in Man: An Economist’s View,” The Social Service Review XXXIII, 2, June 1959, 109-117. |
| “Value of U.S. Farm Surpluses to Underdeveloped Countries,” Journal of Farm Economics 5, December 1960. |
| “Capital Formation by Education,” Journal of Political Economy 6, December 1960. |
| “Investment in Human Capital,” American Economic Review LI, March 1961, 1- 17. American Economic Association Presidential Address. |
| “Education and Economic Growth,” in Social Forces Influencing American Education, N.B. Henry, ed., Chicago: University of Chicago Press, 1961. |
| “Institutions and the Rising Economic Value of Man,” American Journal of Agricultural Economics 50, No. 5, December 1968. |
| “The Allocation of Resources to Research,” in Resource Allocation in Agricultural Research, Walter L. Fishel, ed., Minneapolis: University of Minnesota Press, 1971. |
| “Knowledge, Agriculture and Welfare,” Science Studies 2, 1972. |
| “The Increasing Economic Value of Human Time,” American Journal of Agricultural Economics 54, No. 5, December 1972. |
| “The High Value of Human Time: Population Equilibrium,” Journal of Political Economy 82, No. 2, Part II, March-April 1974. |
| “The Value of the Ability to Deal with Disequilibria,”Journal of Economic Literature, September 1975. |
| “On Economics, Agriculture, and the Political Economy,” Elmhirst Memorial Lecture, Nairobi, Kenya, International Association of Agricultural Economists, Decision-Making and Agriculture, Theodor Dams, et al., eds. Oxford: Alden Press, 1977. |
| “Uneven Prospects for Gains from Agricultural Research Related to Economic Policy,” in Resource Allocation and Productivity in National and International Agricultural Research, Thomas M. Arndt, Dana G. Dalrymple, and Vernon W. Ruttan, eds., Minneapolis: University of Minnesota Press, 1977, pp. 578-89. |
| “On Economic History in Extending Economics,” Economic Development and Cultural Change, Vol. 25, Supplement, 1977, pp. 245-53. |
| “Life Span, Health, Savings, and Productivity,” Economic Development and Cultural Change, Vol. 27, No. 3 (April 1979), pp. 399-421, with Rati Ram. |
| “Investment in Population Quality Throughout Low-Income Countries,” in Philip M. Hauser, ed., World Population and Development: Challenges and Prospects, Syracuse: Syracuse University Press, 1979, pp. 339-60. |
| “Human Capital Approaches in Organizing and Paying For Education,” for Efficiency and Equity in Education Finance National Symposium, Urbana, Illinios, May 1979. |
| “The Economics of Research and Agricultural Productivity,” International Agricultural Development Service, Occasional Paper, 1979 (paper presented at the Seminar on Socio- Economic Aspects of Agricultural Research in Developing Countries, May 7- 11, 1979, Santiago, Chile). |
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