Work
Led by his belief that economics needs rigorous quantitative study to become a science, Henry Schultz was one of the founders of mathematical and statistical economics. His research was centered around a large program dedicated to the theory and estimation of private demand for goods functions, a project which started in the early 1920s, during his studies at the University of Chicago, and was completed shortly before his death with the publication of his highly influential book Schultz(1938).
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Famous quotes containing the word work:
“Those who work their minds rule; those who work with their backs are ruled.”
—Chinese proverb.
Mencius.
“Auld Nature swears, the lovely Dears
Her noblest work she classes, O:
Her prentice han’ she try’d on man,
An’ then she made the lasses, O.”
—Robert Burns (1759–1796)
“The only mode of obtaining an answer to these questions of the senses is to forego all low curiosity, and, accepting the tide of being which floats us into the secret of nature, work and live, work and live, and all unawares the advancing soul has built and forged for itself a new condition, and the question and the answer are one.”
—Ralph Waldo Emerson (1803–1882)