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The dominant social thought shapes the institutionalized order of society... and the malfunctioning of established institutions in turn alters social… - Theodore Schultz
" "The dominant social thought shapes the institutionalized order of society... and the malfunctioning of established institutions in turn alters social thought.
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About Theodore Schultz
Theodore William "Ted" Schultz (30 April 1902 – 26 February 1998) was an American economist and chairman of the University of Chicago Department of Economics, who was the 1979 winner, jointly with William Arthur Lewis, of the Nobel Memorial Prize in Economic Sciences.
Also Known As
Native Name:
Theodore William Schultz
Alternative Names:
Theodore W. Schultz
•
Teodoro Guillermo Schultz
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Additional quotes by Theodore Schultz
Theodore W. Schultz (1977) In:
Activities that improve human capabilities [can be divided into] five major categories: (1) health facilities and services, broadly conceived to include all expenditures that affect the life expectancy, strength and stamina, and the vigor and vitality of a people; (2) On-the job training, including old-style apprenticeship organized by firms; (3) formally organized education at elementary, secondary and higher levels; (4) study programs for adults that are not organized by firms, including extension programs in agriculture; (5) Migration of individuals and families to adjust to changing job opportunities.
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