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:
“Many people mistake our work for our vocation. Our vocation is the love of Jesus.”
—Mother Teresa (b. 1910)
“You seem to have no real purpose in life and won’t realize at the age of twenty-two that for a man life means work, and hard work if you mean to succeed.”
—Jennie Jerome Churchill (1854–1921)
“We work harder than ever, and I cannot see the advantages in cooperative living.”
—Lydia Arnold, U.S. commune supervisor (of the North American Phalanx, Red Bank, New Jersey, 1843- 1855)