Inspirational Quotes by George Shultz (American Politician, Economist)

George Pratt Shultz (1920–2021) was an American politician, government official, economist, and business executive. A member of the Richard Nixon and Ronald Reagan administrations, he significantly shaped American economic and foreign policy in the late 20th century.

Born in New York City into an affluent financial family, Shultz studied at Princeton and was an artillery officer during World War II. Alter the war, he taught economics at MIT (1946–57) and Chicago University (1957–68,) then served as Secretary of Labor (1969–70,) budget director (1970–72,) and Secretary of the Treasury (1972–74) in the Nixon administration.

Shultz was subsequently vice-chairman of the giant Bechtel Industrial Corporation and economic adviser to Ronald Reagan in 1980. He later served as Reagan’s Secretary of State 1982–89. He helped improve US-Soviet relations after Mikhail Gorbachev came to power. His most outstanding achievement was the 1987 Intermediate Nuclear Forces (INF) Treaty. He also campaigned against international terrorism. He also served as an adviser to President George W Bush and California Governor Arnold Schwarzenegger on foreign and economic matters.

Shultz wrote The Dynamics of a Labor Market (1951,) Economic Policy Beyond the Headlines (1977,) and Turmoil and Triumph: My Years as Secretary of State (1993.)

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