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Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.
Theodore Schultz
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"Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are."
— Theodore Schultz

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Farmers the world over, in dealing with costs, returns and risks, are calculating economic age…

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Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are. — Theodore Schultz

About Theodore Schultz

Theodore Schultz was a Economist from United States (1902–1998).

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Frequently Asked Questions

Who said "Farmers the world over, in dealing with costs, returns and risks, are calculati…"?
This quote is attributed to Theodore Schultz, a Economist from United States.
When did Theodore Schultz live?
Theodore Schultz lived from 1902 – 1998.