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The dominant social thought shapes the institutionalized order of society... and the malfunctioning of established institutions in turn alters social thought.

— Theodore Schultz Theodore W. Schultz (1977)

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More quotes by Theodore Schultz

Investment in human capital accounts for most of the impressive rise in the real earnings per worker.

Human beings are incontestably capital from an abstract and mathematical point of view.

Economists have long known that people are an important part of the wealth of nations.

There are comparatively few significant inefficiencies in the allocation of the factors of production in traditional agriculture.

The advance in knowledge and useful new factors based on such knowledge are all too frequently put aside as if they were not produced means of production but instead simply happened to occur over time. This view is as a rule implicit in the notion of technological change.

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The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents.

H. P. Lovecraft The Call of Cthulhu (1926)

All the world's a stage,
And all the men and women merely players:
They have their exits and their entrances;
And one man in his time plays many parts.

William Shakespeare As You Like It (1599)

One country, one constitution, one destiny.

Daniel Webster

Since, in the long run, every planetary society will be endangered by impacts from space, every surviving civilization is obliged to become spacefaring — not because of exploratory or romantic zeal, but for the most practical reason imaginable: staying alive.

Carl Sagan Pale Blue Dot: A Vision of the Human Future in Space (1994)

Attribution

Quote text and notes from Wikiquote: Theodore Schultz (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.