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Autobiography

Theodore Schultz

No 1979-3, Nobel Prize in Economics documents from Nobel Prize Committee

Abstract: The adverse economic events following the First World War turned me toward economics. In the Dakotas, where I was born (April 30, 1902), I learned during my youth how hard it was for farm families to stay solvent. Farm product prices fell abruptly by more than half. Banks went bankrupt and many farmers suffered foreclosures. Was politics or economics to blame? I opted for economics.

Keywords: economic development (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Pages: 1 pages
Date: 1980
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