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:
“America lives in the heart of every man everywhere who wishes to find a region where he will be free to work out his destiny as he chooses.”
—Woodrow Wilson (1856–1924)
“The dominant and most deep-dyed trait of the journalist is his timorousness. Where the novelist fearlessly plunges into the water of self-exposure, the journalist stands trembling on the shore in his beach robe.... The journalist confines himself to the clean, gentlemanly work of exposing the griefs and shames of others.”
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“Part of the pain in leaving our children to go to work is that we miss them, wish we could be with them. We also hate to turn them over to someone who is not identical to us, who will do things, at best, differently—at worst, in ways we don’t believe are good for children. We are up against this whenever we share the care of our children with others—even grandparents or trusted and loved ones.”
—Joan Sheingold Ditzion (20th century)