Henry Schultz

American economist and statistician

Henry Schultz (September 4, 1893 – November 26, 1938) was an American economist, statistician, and one of the founders of econometrics. Paul Samuelson named Schultz (along with Harry Gunnison Brown, Allyn Abbott Young, Henry Ludwell Moore, Frank Knight, Jacob Viner, and Wesley Clair Mitchell) as one of the several "American saints in economics" born after 1860.2

From Wikipedia’s article on Henry Schultz (this version), CC BY-SA 4.0.

Born Sep 4, 1893, died Nov 26, 1938.1

Companies

Early life and education

  • Date not recordedColumbia University3 4
  • Date not recordedCity College of New York3 4
  • Date not recordedGalton Laboratory3 4
  • Date not recordedLondon School of Economics and Political Science3 4

Career

Occupation: statistician, economist.7

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 book, The Theory and Measurement of Demand.

Selected publications

Schultz, Henry (1925). "The Statistical Law of Demand as Illustrated by the Demand for Sugar". Journal of Political Economy. XXXIII (5): 481–504. doi:10.1086/253706. S2CID 199882230. and XXXIII (6): 577–637. (PhD thesis)

Schultz, Henry (1928). Statistical Laws of Demand and Supply with Special Application to Sugar. University of Chicago Press, Chicago. OCLC 1936159.

Schultz, Henry (1930). The Meaning of Statistical Demand Curves. University of Chicago.

Schultz, Henry (1938). The Theory and Measurement of Demand. University of Chicago Press, Chicago.

From Wikipedia’s article on Henry Schultz (this version), CC BY-SA 4.0.

Personal life

  • BornSep 4, 1893, Šarkaŭščyna8
  • DiedNov 26, 1938, San Diego9
  • CitizenshipUnited States10

Awards

  • 1933Fellow of the Econometric Society11 12
  • 1933Guggenheim Fellowship4 11
  • Date not recordedFellow of the American Statistical Association11