Schultz, Theodore W. (Theodore William), 1902-1998

Alternative names
Birth 1902-04-30
Death 1998-02-26

Biographical notes:

Nobel Prize winner, economist, and University of Chicago professor. Native of Hetland, South Dakota, and graduate of South Dakota State College and its School of Agriculture.

From the description of Collection, 1940-1992 1956-1989. (South Dakota State University). WorldCat record id: 42441839

Theodore William Schultz (1902-1998), a native of South Dakota, received a B.A. (1926) in economics from South Dakota State College, and a Ph. D (1930) from the University of Wisconsin. He taught at Iowa State College (1930-1943), specializing in agricultural economics, and moved to the University of Chicago (1943-1972). Schultz was involved with the "oleomargarine controversy" at Iowa State, and resigned his position in protest.

Iowa State scholars had produced a series of reports recommending the use of oleomargarine during wartime, and the Iowa Dairy Industry pressured the administration to recall the publication. Several faculty members, including Schultz, resigned their posts. Schultz was well know for his innovative theories in agriculture, perceiving it as an active contributor to the nation's economy. He was awarded the Nobel Prize for Economics in 1979.

From the description of Papers, 1933-1988. (Iowa State University). WorldCat record id: 45216808


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Ark ID:


  • Poverty
  • Education Economic aspects
  • World War, 1939-1945--Food supply
  • Poor
  • Margarine
  • Equilibrium (Economics)
  • Agriculture--Economic aspects
  • Agricultural administration
  • Food industry and trade
  • Dairying--Economic aspects
  • Entrepreneurship
  • Farm produce
  • Human capital
  • Economics--Study and teaching
  • Economic policy
  • Food supply
  • Family size--Economic aspects
  • Economic development
  • Agriculture--Research--Economic aspects
  • Agriculture and state
  • Rural poor


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  • Developing countries (as recorded)
  • United States (as recorded)