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

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