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T.W. Schultz Memorial Lecture & Award

History of TW Schultz Lecture Event
The inaugural T.W. Schultz speaker event was introduced in 2006 with a memorial dinner and keynote address delivered by Nobel laureate, Professor Gary Becker from the University of Chicago. Initiated by the AAEA Foundation (currently AAEA Trust) , the T.W. Schultz event, followed the format of the Galbraith model established in the Agricultural & Applied Economics Association (AAEA) summer meetings and served as way to honor TW Schultz and support the AAEA Foundation. For over a decade, this event has hosted notable speakers including Nobel laureates James Heckman, Daniel McFadden, George Akerlof, Daniel Kahneman, Roger Myerson, and others. The T.W. Schultz Memorial Lecture is now given every year during the AAEA sessions at the ASSA Meetings which typically happen the first week in January.

About TW Schultz
Theodore W. Schultz was born in South Dakota in1902.  He received his B.S. from South Dakota State University and his Ph.D. from the University of Wisconsin-Madison.  Schultz received an extensive variety of awards and honors throughout his career including six honorary degrees.  He was a Past President of the American Economics Association (1960) and was named a Fellow of the American Farm Economics Association (currently AAEA) in 1947.  Schultz received the Nobel Memorial Prize for Economic Science in 1979.  A few of his major contributions to economics include his studies on economic growth and human capital and his extensive work on rural economics and the economics of poverty.  He worked actively through age 90.

Previous Winners

Year     Winner
2022 TBD
2021
 
William Darity Jr., Ph.D., Duke University
"Reconsidering the Economics of Identity: Position, Power, and Property"
2020
 
Susan Athey, Stanford University
“Experimental Design and Analysis Using Machine Learning”
2019
 
Raj Chetty, Harvard University
"The Opportunity Atlas: The Geography of Economic Opportunity in America"
2018
 
Dave Donaldson, MIT
"Comparative Advantage and the Gains from Market Integration"
2017
 
Steven N. Durlauf, University of Wisconsin-Madison
"A New Approach to Measuring Genetic and Environmental Influences in Twins Studies"
2016
 
Frank Wolak, Stanford University
"Solving the West's Water Problem"
2015
 
Emily Oster, University of Chicago Booth School
"Health and Human Capital Investment: What Does the Evidence Say about Magnitudes?”
2014
 
Michael Kremer, Harvard University
"Joint Liability, Asset Collateralization, and Credit Access"
2013
 
Robert Townsend, MIT
"Accounting for the Poor: Theory and Measurement"
2012
 
Roger Myerson, University of Chicago
"
State Building, Leadership, and Local Democracy"
2011
 
Daniel Kahneman, Princeton University
"Remarks on the Psychology of Value"
2010
 
Dale W. Jorgenson, Harvard University
"Innovation and Productivity Growth"
2009
 
George A. Akerlof, University of California, Berkeley
"How Human Psychology Drives the Economy and Why it Matters"
2008
 
Daniel McFadden, University of California, Berkeley
"
Economic Juries, Applied Mechanism Design, and the Value of Environmental Resources"
2007
 
James J. Heckman, University of Chicago
"
Investing in Children: The Economics of Early"
2006 Gary Becker, University of Chicago