About Theodore Schultz
Theodore William Schultz was an American agricultural economist and chairman of the University of Chicago Department of Economics. Schultz rose to national prominence after winning the 1979 Nobel Memorial Prize in Economic Sciences. In 1979, Schultz was awarded the Nobel Prize in Economics for his work in human capital theory and economic development. Schultz was awarded the Nobel Prize jointly with Sir William Arthur Lewis in 1979 for his work in development economics, focusing on the economics of agriculture.
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