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:
“Obvious enough that generalities work to protect the mind from the great outdoors; is it possible that this was in fact their first purpose?”
—Howard Nemerov (1920–1991)
“There are few things more difficult than to appraise the work of a man suddenly dead in his youth; to disentangle “promise” from achievement; to save him from that sentimentalizing which confuses the tragedy of the interruption with the merit of the work actually performed.”
—Ezra Pound (1885–1972)
“Racism is when you have laws set up, systematically put in a way to keep people from advancing, to stop the advancement of a people. Black people have never had the power to enforce racism, and so this is something that white America is going to have to work out themselves. If they decide they want to stop it, curtail it, or to do the right thing ... then it will be done, but not until then.”
—Spike Lee (b. 1956)