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).
Read more about this topic: Henry Schultz
Famous quotes containing the word work:
“Oh sure, everyone goes back to the earth at some point, but life itself is a thread that is never broken, never lost. Do you know why? Because each man makes a knot in the thread during his lifetime: it is the work he has done and thats what gives life to life in the long stretch of time: the usefulness of man on this earth.”
—Jacques Roumain (19071945)
“Just as a chemist isolates a substance from contaminations that distort his view of its nature and effects, so the work of art purifies significant appearance. It presents abstract themes in their generality, but not reduced to diagrams.”
—Rudolf Arnheim (b. 1904)
“You say that you do not succeed much. Does it concern you enough that you do not? Do you work hard enough at it? Do you get the benefit of discipline out of it? If so persevere. Is it a more serious thing than to walk a thousand miles in a thousand successive hours? Do you get any corns by it? Do you ever think of hanging yourself on account of failure?”
—Henry David Thoreau (18171862)