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:
“Many people mistake our work for our vocation. Our vocation is the love of Jesus.”
—Mother Teresa (b. 1910)
“Nearly all our powerful men in this age of the world are unbelievers; the best of them in doubt and misery; the worst of them in reckless defiance; the plurality in plodding hesitation, doing, as well as they can, what practical work lies ready to their hands.”
—John Ruskin (1819–1900)
“I was at work that morning. Someone came riding like mad
Over the bridge and up the road—Farmer Rouf’s little lad.
Bareback he rode; he had no hat; he hardly stopped to say,
“Morgan’s men are coming, Frau, they’re galloping on this way.”
—Constance Fenimore Woolson (1840–1894)