Search within the

Explore Section

Category > Select Category


Categories to Explore

CEE Biographies

Arthur M. Okun

Arthur Okun is known mainly for Okun’s Law, which describes a linear relation between percentage-point changes in unemployment and percentage changes in gross national product. It states that for every percentage point that the unemployment rate falls, real GNP rises by 3 percent. Okun’s Law is based on data from the period between World War […]

Theodore William Schultz

In 1979 Theodore Schultz was awarded the Nobel Prize along with W. Arthur Lewis for their “pioneering research into economic development … with particular consideration of the problems of developing countries.” Schultz’s focus was on agriculture, a natural interest for someone who had grown up on a South Dakota farm. In 1930 Schultz began teaching […]

Biographies by Last Name