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:
“It is the privilege of any human work which is well done to invest the doer with a certain haughtiness. He can well afford not to conciliate, whose faithful work will answer for him.”
—Ralph Waldo Emerson (1803–1882)
“I watched a small man with thick calluses on both hands work fifteen and sixteen hours a day. I saw him once literally bleed from the bottoms of his feet, a man who came here uneducated, alone, unable to speak the language, who taught me all I needed to know about faith and hard work by the simple eloquence of his example.”
—Mario Cuomo (b. 1932)
“...I still have faith occasionally in the brotherhood of man, and in spite of all the tragedies that have intervened since [1945], believe that sometime, somehow, all the nations of the world can work together for the common good.”
—Virginia Crocheron Gildersleeve (1877–1965)