Home
Authors
Tags
App
Get QuoteDark Inspirational Quotes App
All Quotes by author - Theodore Schultz
" Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are. "
World
Farmers
Risks
" In general, I avoided giving lectures or attaching myself while abroad to a university. To learn what I wanted to know, I went instead to rural communities and onto actual farms. Talk with university people, government officials and U.S. personnel stationed in the country was much less rewarding for me. "
Giving
People
Myself
" Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world's poor people earn their living from agriculture, so if we knew the economics of agriculture, we would know much of the economics of being poor. "
Economics
Living
Know
" My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience. "
College
Great
Experience
" My schooling was disrupted by the shortage of labor during World War I. It meant foregoing high school. Then, late in 1921, I entered upon a short course in agriculture at South Dakota State College. I managed to enter college in 1924, and I was permitted to complete my college work in three years. "
Short
World
Work
" People who are rich find it hard to understand the behavior of poor people. Economists are no exception, for they, too, find it difficult to comprehend the preferences and scarcity constraints that determine the choices that poor people make. "
Choices
People
Rich
" The adverse economic events following the First World War turned me toward economics. "
War
Events
Economics
" What many economists fail to understand is that poor people are no less concerned about improving their lot and that of their children than rich people are. "
Rich
Understand
Poor
Check our other websites:
BookDark
MusicDark