George Pratt Shultz (; December 13, 1920February 6, 2021) was an American
economist, diplomat, and businessman. He served in various positions under three different
Republican presidents and is one of only two people to have held four different
Cabinet-level posts. Shultz played a major role in shaping the
foreign policy of the Ronald Reagan administration. From 1974 to 1982, he was an executive of the
Bechtel Group, an engineering and services company. In the 2010s, Shultz was a prominent figure in the scandal of the biotech firm
Theranos, continuing to support it as a board member in the face of mounting evidence of fraud.
Born in
New York City, he graduated from
Princeton University before serving in the
United States Marine Corps during
World War II. After the war, Shultz earned a Ph.D. in industrial economics from the
Massachusetts Institute of Technology (MIT). He taught at MIT from 1948 to 1957, taking a leave of absence in 1955 to take a position on President
Dwight D. Eisenhower's
Council of Economic Advisers. After serving as dean of the
University of Chicago Graduate School of Business, he accepted President
Richard Nixon's appointment as
United States Secretary of Labor. In that position, he imposed the
Philadelphia Plan on construction contractors who refused to accept black members, marking the first use of
racial quotas by the federal government. In 1970, he became the first director of the
Office of Management and Budget, and he served in that position until his appointment as
United States Secretary of the Treasury in 1972. In that role, Shultz supported the
Nixon shock (which sought to revive the ailing economy in part by abolishing the
gold standard) and presided over the end of the
Bretton Woods system.
Shultz left the Nixon administration in 1974 to become an executive at
Bechtel. After becoming president and director of that company, he accepted President
Ronald Reagan's offer to serve as
United States Secretary of State. He held that office from 1982 to 1989. Shultz pushed for Reagan to establish relations with
Soviet leader
Mikhail Gorbachev, which led to a thaw between the United States and the Soviet Union. He opposed the U.S. aid to
rebels trying to overthrow the
Sandinistas using funds from an illegal sale of weapons to Iran that led to the
Iran–Contra affair.
Shultz retired from public office in 1989 but remained active in business and politics. He served as an informal adviser to
George W. Bush and helped formulate the
Bush Doctrine of
preemptive war. He served on the
Global Commission on Drug Policy, California Governor
Arnold Schwarzenegger's Economic Recovery Council, and on the boards of Bechtel and the
Charles Schwab Corporation.
Beginning in 2013, Shultz advocated for a revenue-neutral
carbon tax as the most economically sound means of mitigating
anthropogenic climate change.
He was a member of the
Hoover Institution, the
Institute for International Economics, the
Washington Institute for Near East Policy, and other groups. He was also a prominent and hands-on board member of the fraudulent company
Theranos which defrauded more than $700 million dollars from its investors before it collapsed.
Early life and career
Shultz was born December 13, 1920, in
New York City, the only child of Margaret Lennox (née Pratt) and Birl Earl Shultz. He grew up in
Englewood, New Jersey.
His great-grandfather was an immigrant from
Germany who arrived in the United States in the middle of the 19th century. Contrary to common assumption, Shultz was not a member of the Pratt family associated with
John D. Rockefeller and the
Standard Oil Trust.
After attending the local public school, he transferred to the Englewood School for Boys (now
Dwight-Englewood School), through his second year of high school. In 1938, Shultz graduated from the private preparatory boarding high school
Loomis Chaffee School in
Windsor, Connecticut. He earned a
bachelor's degree, ''
cum laude'', at
Princeton University, New Jersey, in
economics with a minor in public and international affairs. His senior thesis, "The Agricultural Program of the Tennessee Valley Authority", examined the
Tennessee Valley Authority's effect on local
agriculture, for which he conducted on-site research. He graduated with honors in 1942.
From 1942 to 1945, Shultz was on active duty in the
U.S. Marine Corps. He was an artillery officer, attaining the rank of
captain. He was detached to the U.S. Army
81st Infantry Division during the
Battle of Angaur (
Battle of Peleliu).
In 1949, Shultz earned a Ph.D. in
industrial economics from the
Massachusetts Institute of Technology.
From 1948 to 1957, he taught in the
MIT Department of Economics and the
MIT Sloan School of Management, with a leave of absence in 1955 to serve on President
Dwight Eisenhower's
Council of Economic Advisers as a Senior Staff Economist. In 1957, Shultz left MIT and joined the
University of Chicago Graduate School of Business as a professor of industrial relations, and he served as the Graduate School of Business Dean from 1962 to 1968. During his time in Chicago, he was influenced by
Nobel Laureates Milton Friedman and
George Stigler, who reinforced Shultz's view of the importance of a free-market economy. He left the University of Chicago to serve under President Richard Nixon in 1969.
Nixon Administration
thumb|A meeting of Nixon Administration economic advisors and cabinet members on May 7, 1974. Clockwise from Richard Nixon: George P. Shultz, [[James T. Lynn, [[Alexander M. Haig, Jr.]], [[Roy L. Ash]], [[Herbert Stein]], and [[William E. Simon]].]]
Secretary of Labor
Shultz was President [[Richard Nixon]]'s Secretary of Labor from 1969 to 1970. He soon faced the crisis of the
Longshoremen's Union strike. The
Lyndon B. Johnson Administration had delayed the walkout
with a
Taft Hartley injunction that expired, and the press pressed him to describe his approach. He applied the theory he had developed in academia: he let the parties work it out, which they did quickly. He also imposed the
Philadelphia Plan, which required Pennsylvania
construction unions to admit a certain number of black members by an enforced deadline - a break with their past policy of largely discriminating against such members. This marked the first use of
racial quotas in the federal government.
It is noted that,
Daniel Patrick Moynihan, Nixon's first choice for Secretary of Labor was not acceptable to then
AFL–CIO President
George Meany, which pushed to fill the position with Shultz, who was dean of
University of Chicago's School of Business, (and had served earlier on
President Eisenhower's
Council of Economic Advisers).
Office of Management and Budget
Shultz became the first director of the
Office of Management and Budget, the renamed and reorganized Bureau of the Budget, on July 1, 1970. He was the agency's 19th director.
Secretary of the Treasury
Shultz was
United States Secretary of the Treasury from June 1972 to May 1974. During his tenure, he was concerned with two major issues, namely the continuing domestic administration of Nixon's "
New Economic Policy," begun under Secretary
John Connally (Shultz privately opposed its three elements), and a renewed dollar crisis that broke out in February 1973.
Domestically Shultz enacted the next phase of the NEP, lifting
price controls begun in 1971. This phase was a failure, resulting in high
inflation, and price freezes were reestablished five months later.
Meanwhile, Shultz's attention was increasingly diverted from the domestic economy to the international arena. In 1973, he participated in an international monetary conference in
Paris that grew out of the 1971 decision to abolish the
gold standard, a decision Shultz and
Paul Volcker had supported (see
Nixon Shock). The conference formally abolished the
Bretton Woods system, causing all currencies to
float. During this period Shultz co-founded the "Library Group," which became the
G7. Shultz resigned shortly before Nixon to return to private life.
Shultz was instrumental in freedom for
Soviet Jewry.
Business executive
In 1974, he left government service to become executive vice president of
Bechtel Group, a large engineering and services company. He was later its president and a
director.
Under Shultz's leadership, Bechtel received contracts for many large construction projects, including from
Saudi Arabia. In the year before he left Bechtel, the company reported a 50% increase in revenue.
Reagan Administration
Shultz is one of only two individuals to have served in four
United States Cabinet positions within the
United States government, the other having been
Elliot Richardson.
Diplomatic historian
Walter LaFeber states that his 1993 memoir, ''Turmoil and Triumph: My Years as Secretary of State,'' "is the most detailed, vivid, outspoken, and reliable record we probably shall have of the 1980s until the documents are opened".
Secretary of State
On July 16, 1982, Shultz was appointed by President
Ronald Reagan as the 60th
U.S. Secretary of State, replacing
Alexander Haig, who had resigned. Shultz served for six and a half years, the longest tenure since
Dean Rusk's.
The possibility of a conflict of interest in his position as secretary of state after being in the upper management of the
Bechtel Group was raised by several senators during his confirmation hearings. Shultz briefly lost his temper in response to some questions on the subject but was nevertheless unanimously confirmed by the Senate.
Shultz relied primarily on the
Foreign Service to formulate and implement Reagan's foreign policy. As reported in the State Department's official history, "by the summer of 1985, Shultz had personally selected most of the senior officials in the Department, emphasizing professional over political credentials in the process
..The Foreign Service responded in kind by giving Shultz its 'complete support,' making him one of the most popular Secretaries since
Dean Acheson."
Shultz's success came from not only the respect he earned from the bureaucracy but the strong relationship he forged with Reagan, who trusted him completely.
Relations with China
Shultz inherited negotiations with the
People's Republic of China over
Taiwan from his predecessor. Under the terms of the
Taiwan Relations Act, the United States was obligated to assist in Taiwan's defense, which included the sale of arms. The Administration debate on Taiwan, especially over the sale of military aircraft, resulted in a crisis in relations with China, which was alleviated only in August 1982, when, after months of arduous negotiations, the United States and the PRC issued a joint
communiqué on Taiwan in which the United States agreed to limit arms sales to the island nation and China agreed to seek a "peaceful solution."
Relations with Europe and the Soviet Union
By the summer of 1982, relations were strained not only between Washington and Moscow but also between Washington and key capitals in Western Europe. In response to the imposition of
martial law in Poland the previous December, the Reagan administration had imposed sanctions on a pipeline between West Germany and the Soviet Union. European leaders vigorously protested sanctions that damaged their interests but not U.S. interests in grain sales to the Soviet Union. Shultz resolved this "poisonous problem" in December 1982, when the United States agreed to abandon sanctions against the pipeline and the Europeans agreed to adopt stricter controls on strategic trade with the Soviets.
A more controversial issue was the NATO Ministers' 1979 "dual track" decision: if the Soviets refused to remove their SS-20 medium range ballistic missiles within four years, then the Allies would deploy a countervailing force of cruise and
Pershing II missiles in Western Europe. When negotiations on these intermediate nuclear forces (INF) stalled, 1983 became a year of protest. Shultz and other Western leaders worked hard to maintain allied unity amidst anti-nuclear demonstrations in Europe and the United States. In spite of Western protests and Soviet propaganda, the allies began deployment of the missiles as scheduled in November 1983.
U.S.–Soviet tensions were raised by the announcement in March 1983 of the
Strategic Defense Initiative, and exacerbated by the Soviet shoot-down of
Korean Air Lines Flight 007 near
Moneron Island on September 1. Tensions reached a height with the
Able Archer 83 exercises in November 1983, during which the Soviets feared a pre-emptive American attack.
Following the missile deployment and the exercises, both Shultz and Reagan resolved to seek further dialogue with the Soviets.
When President
Mikhail Gorbachev of Russia came to power in 1985, Shultz advocated that Reagan pursue a personal dialogue with him. Reagan gradually changed his perception of Gorbachev's strategic intentions in 1987, when the two leaders signed the
Intermediate Range Nuclear Forces Treaty.
The treaty, which eliminated an entire class of missiles in Europe, was a milestone in the history of the
Cold War. Although Gorbachev took the initiative, Reagan was well prepared by the State Department to negotiate.
Two more events in 1988 persuaded Shultz that Soviet intentions were changing. First, the Soviet Union's initial withdrawal from Afghanistan indicated that the
Brezhnev Doctrine was dead. "If the Soviets left Afghanistan, the Brezhnev Doctrine would be breached, and the principle of 'never letting go' would be violated", Shultz reasoned.
The second event, according to Keren Yarhi-Milo of Princeton University, happened during the 19th Communist Party Conference, "at which Gorbachev proposed major domestic reforms such as the establishment of competitive elections with secret ballots; term limits for elected officials; separation of powers with an independent judiciary; and provisions for freedom of speech, assembly, conscience, and the press."
The proposals indicated that Gorbachev was making revolutionary and irreversible changes.
Middle East diplomacy
In response to the escalating violence of the
Lebanese civil war, Reagan sent a Marine contingent to protect the
Palestinian refugee camps and support the Lebanese Government. The
October 1983 bombing of the Marine barracks in Beirut killed 241 U.S. servicemen, after which the deployment came to an ignominious end.
Shultz subsequently negotiated an agreement between
Israel and
Lebanon and convinced Israel to begin partial withdrawal of its troops in January 1985 despite Lebanon's contravention of the settlement.
During the
First Intifada (see
Arab–Israeli conflict), Shultz "proposed ... an international convention in April 1988 ... on an interim
autonomy agreement for the
West Bank and
Gaza Strip, to be implemented as of October for a three-year period". By December 1988, after six months of
shuttle diplomacy, Shultz had established a diplomatic dialogue with the
Palestine Liberation Organization, which was picked up by the next Administration.
Latin America
Shultz was known for outspoken opposition to the "arms for hostages" scandal that would eventually become known as the
Iran-Contra Affair. In 1983 testimony before Congress, he said that the
Sandinista government in
Nicaragua was "a very undesirable cancer in the area." He was also opposed to any negotiation with the government of
Daniel Ortega: "Negotiations are a euphemism for capitulation if the shadow of power is not cast across the bargaining table."
Later life
After leaving public office, Shultz "retained an iconoclastic streak" and publicly opposed some positions taken by fellow
Republicans.
[Matthew Lee]
Longtime Reagan Secretary of State George Shultz dies at 100
, Associated Press (February 7, 2021). He called the
War on Drugs a failure,
and added his signature to an advertisement printed in ''
The New York Times'' in 1998, headlined "We believe the global
war on drugs is now causing more harm than
drug abuse itself." In 2011, he was part of the
Global Commission on Drug Policy, which called for a
public health and
harm reduction approach towards drug use, alongside
Kofi Annan,
Paul Volcker, and
George Papandreou.
Shultz was an early advocate of the presidential candidacy of
George W. Bush, whose father,
George H. W. Bush, was Reagan's vice president. In April 1998, Shultz hosted a meeting at which George W. Bush discussed his views with policy experts including
Michael Boskin,
John Taylor, and
Condoleezza Rice, who were evaluating possible Republican candidates to run for president in 2000. At the end of the meeting, the group felt they could support Bush's candidacy, and Shultz encouraged him to enter the race.
He then served as an informal advisor for Bush's presidential campaign during the
2000 election and a senior member of the "
Vulcans", a group of policy mentors for Bush that also included Rice,
Dick Cheney, and
Paul Wolfowitz. One of his most senior advisors and confidants was former ambassador
Charles Hill. Shultz has been called the father of the "
Bush Doctrine" and generally defended the Bush administration's foreign policy.
Shultz supported the
2003 invasion of Iraq, writing in support of U.S. military action months before the war began.
[Laurence Arnold]
George Shultz, Who Led Reagan's Cold-War Diplomacy, Dies
Bloomberg News (February 7, 2021).
In a 2008 interview with
Charlie Rose, Shultz spoke out against the
U.S. embargo against Cuba, saying that U.S. sanctions against the island country were "ridiculous" in the post-Soviet world and that U.S. engagement with Cuba was a better strategy.
In 2003, Shultz served as co-chair (along with
Warren Buffett) of California's Economic Recovery Council, an advisory group to the campaign of California gubernatorial candidate
Arnold Schwarzenegger.
In later life, Shultz continued to be a strong advocate for
nuclear arms control.
In a 2008 interview, Shultz said: "Now that we know so much about these weapons and their power, they're almost weapons that we wouldn't use, so I think we would be better off without them."
In January 2008, Shultz co-authored (with
William Perry,
Henry Kissinger, and
Sam Nunn) an op-ed in ''
The Wall Street Journal'' that called on governments to embrace the vision of a world free of nuclear weapons. The four created the
Nuclear Threat Initiative to advance this agenda, focused on both preventing nuclear terrorist attacks and a nuclear war between world powers. In 2010, the four were featured in the documentary film ''
Nuclear Tipping Point'', which discussed their agenda.
In January 2011, Shultz wrote a letter to President
Barack Obama urging him to pardon
Jonathan Pollard. He stated, "I am impressed that the people who are best informed about the classified material Pollard passed to Israel, former CIA Director
James Woolsey and former Chairman of the Senate Intelligence Committee
Dennis DeConcini, favor his release".
Shultz was a prominent advocate of efforts to fight
anthropogenic climate change.
Shultz favored a revenue-neutral
carbon tax (i.e., a
carbon fee and dividend program, in which
carbon dioxide emissions are taxed and the net funds received are rebated to taxpayers) as the most economically efficient means of mitigating climate change.
In April 2013, he co-wrote, with economist
Gary Becker, an op-ed in the ''Wall Street Journal'' that concluded that this plan would "benefit all Americans by eliminating the need for costly
energy subsidies while promoting a level playing field for
energy producers."
He repeated this call in a September 2014 talk at MIT
and a March 2015 op-ed in ''
The Washington Post''.
In 2014, Shultz joined the advisory board of the Citizens' Climate Lobby, and in 2017, Shultz cofounded the
Climate Leadership Council, along with George H. W. Bush's
Secretary of State James Baker and George W. Bush's
Secretary of the Treasury Henry Paulson.
In 2017, these Republican elder statesmen, along with
Martin S. Feldstein and
N. Gregory Mankiw, urged conservatives to embrace a carbon fee and dividend program.
In 2016, Shultz was one of eight former Treasury secretaries who called on the
United Kingdom to remain a member of the
European Union ahead of the
"Brexit" referendum.
Theranos scandal
From 2011 to 2015 Shultz was a member of the board of directors of
Theranos, a
health technology company that became known for its false claims to have devised revolutionary
blood tests.
He was a prominent figure in the ensuing scandal. After joining the company's board in November 2011, he recruited other political figures, including former secretary of state
Henry Kissinger, former secretary of defense
William Perry, and former U.S. Senator
Sam Nunn. Shultz also promoted Theranos founder
Elizabeth Holmes at major forums, including Stanford University's Institute for Economic Policy Research
(SIEPR), and was on record supporting her in major media publications. This helped Holmes in her efforts to raise money from investors.
Shultz's grandson, Tyler Shultz, joined Theranos in September 2013 after graduating from Stanford University with a degree in biology. Tyler was forced to leave the company in 2014 after raising concerns about its testing practices with Holmes and his grandfather. George Shultz initially did not believe Tyler's warnings and pressured him to keep quiet. The former secretary of state continued to advocate for Holmes and Theranos. Tyler eventually contacted reporter
John Carreyrou (who went on to expose the scandal in ''The Wall Street Journal''), but as summarized by ''
ABC Nightline'', "it wasn’t long before Theranos got wind of it and attempted to use George Shultz to silence his grandson."
Tyler went to his grandfather's house to discuss the allegations, but was surprised to encounter Theranos attorneys there, who pressured him to sign a document.
Tyler did not sign any agreements, even though George pressured him to: "My grandfather would say, like, things like 'your career would be ruined if
arreyrou'sarticle comes out.'"
Tyler and his parents spent nearly $500,000 on legal fees, selling their house to raise the funds, in fighting Theranos's accusations of violating the NDA and divulging trade secrets.
When media reports exposed controversial practices there in 2015, George Shultz moved to Theranos's board of counselors. Theranos was shut down on September 4, 2018.
In a 2019 media statement, Shultz praised his grandson for not having shrunk "from what he saw as his responsibility to the truth and patient safety, even when he felt personally threatened and believed that I had placed allegiance to the company over allegiance to higher values and our family. ... Tyler navigated a very complex situation in ways that made me proud."
Other memberships held
Shultz had a long affiliation at the
Hoover Institution at
Stanford University, where he was a distinguished fellow and, beginning in 2011, the Thomas W. and Susan B. Ford Distinguished Fellow; from 2018 until his death, Shultz hosted events on governance at the institution. Shultz was chairman of
JPMorgan Chase's international advisory council.
He was co-chairman of the conservative
Committee on the Present Danger.
He was an honorary director of the
Institute for International Economics. He was a member of the
Washington Institute for Near East Policy (WINEP) board of advisors, the New Atlantic Initiative, the Mandalay Camp at the
Bohemian Grove, and the
Committee for the Liberation of Iraq. He served as an advisory board member for the
Partnership for a Secure America and Citizens' Climate Lobby. He was honorary chairman of the
Israel Democracy Institute. Shultz was a member of the advisory board of
Spirit of America, a
501(c)(3) organization.
Shultz served on the board of directors of the
Bechtel Corporation until 1996.
He served on the board of
Gilead Sciences from 1996 to 2005. Shultz sat on the board of directors of
Xyleco and
Accretive Health.
Together again with former Secretary of Defense
William Perry, Shultz was serving on the board o
Acuitusat the time of his passing.
Family
While on a rest and recreation break in
Hawaii from serving in the Marines in the
Asiatic-Pacific Theater during World War II, Shultz met
military nurse lieutenant Helena Maria O'Brien (1915–1995). They married on February 16, 1946, and had five children: Margaret Ann Tilsworth, Kathleen Pratt Shultz Jorgensen, Peter Milton Shultz, Barbara Lennox Shultz White, and Alexander George Shultz.
Helena died in 1995 of
pancreatic cancer.
In 1997, Shultz married
Charlotte Mailliard Swig, a prominent
San Francisco philanthropist and socialite.
Death
Shultz died at age 100 on February 6, 2021 at his home in
Stanford, California.
He was buried next to his first wife at Dawes Cemetery in
Cummington,
Massachusetts.
President Joe Biden reacted to Shultz's death by saying, "He was a gentleman of honor and ideas, dedicated to public service and respectful debate, even into his 100th year on Earth. That’s why multiple presidents, of both political parties, sought his counsel. I regret that, as president, I will not be able to benefit from his wisdom, as have so many of my predecessors."
Honors and prizes
* 2016 – Presidential Medal of Honor, San Francisco State University
* 2014 – Honorary Reagan Fellow Award of
Eureka College
* 2013 – Honorary Silver Medal of Jan Masaryk
* 2012 –
Henry A. Kissinger Prize of the
American Academy in Berlin
* 2011 – Honorary Officer of the
Order of Australia
* 2010 –
California Hall of Fame
* 2007 –
Truman Medal for Economic Policy[Hoover Foundation]
Fellow, bio notes
.
* 2008 –
Rumford Prize
* 2007 –
Emma Lazarus Statue of Liberty Award
* 2006 –
National World War II Museum, American Spirit Award
* 2005 –
Lead21, Lifetime Achievement Award
* 2004 –
American Whig-Cliosophic Society,
James Madison Award for Distinguished Public Service
* 2004 –
American Economic Association, Distinguished Fellow
* 2003 – Lifetime Contributions to American Diplomacy Award,
American Foreign Service Association
* 2002 –
Reagan Distinguished American Award
* 2002 –
Ralph Bunche Award[Sleeman, Elizabeth. (2003)]
''The International Who's Who 2004,'' p. 1547.
/ref>
* American Philosophical Society
* James H. Doolittle Award
* Elliot Richardson Prize
* John Witherspoon Medal
* 2001 – Eisenhower Medal for Leadership
* 2000 – Woodrow Wilson Award for Public Service
* 1996 – Koret Prize
* 1992 – Seoul Peace Prize (Korea)
* 1992 – United States Military Academy, Sylvanus Thayer Award
* 1989 – Presidential Medal of Freedom
* 1989 – Order of the Rising Sun with Paulownia Flowers, Grand Cordon (Japan)
* 1986 – Freedoms Foundation, George Washington Medal
* 1986 – U.S. Senator John Heinz Award (Jefferson Awards) For Public Service
* 1970 – Fellow of the American Academy of Arts and Sciences
Honorary degrees
Honorary degrees were conferred on Shultz from the universities of Columbia, Notre Dame, Loyola, Pennsylvania, Rochester, Princeton, Carnegie Mellon, City University of New York, Yeshiva, Northwestern, Technion, Tel Aviv, Weizmann Institute of Science, Baruch College of New York, Williams College, Hebrew University of Jerusalem, Tbilisi State University in the Republic of Georgia, and Keio University in Tokyo.
Selected works
* Shultz, George P. and Goodby, James E. ''The War that Must Never be Fought'', Hoover Press, , 2015.
* Shultz, George P. ''Issues on My Mind: Strategies for the Future'', Hoover Institution Press, , 2013.
* Shultz, George P. and Shoven, John B. ''Putting Our House in Order: A Guide to Social Security and Health Care Reform''. New York: W.W. Norton, , 2008
* Shultz, George P. ''Economics in Action: Ideas, Institutions, Policies, Hoover Institution on War, Revolution and Peace'', Stanford University, , 1995.
* Shultz, George P. ''Turmoil and Triumph: My Years as Secretary of State'', New York: Scribner's, , 1993.
* Shultz, George P. ''U.S. Policy and the Dynamism of the Pacific; Sharing the Challenges of Success'', East-West Center (Honolulu), Pacific Forum, and the Pacific and Asian Affairs Council, 1988.
* ''The U.S. and Central America: Implementing the National Bipartisan Commission Report: Report to the President from the Secretary of State'', U.S. Department of State (Washington, D.C.), 1986.
* ''Risk, Uncertainty, and Foreign Economic Policy'', D. Davies Memorial Institute of International Studies, 1981.
* (With Kenneth W. Dam) ''Economic Policy beyond the Headlines'', Stanford Alumni Association, , 1977.
* Shultz, George P. ''Leaders and Followers in an Age of Ambiguity'', New York University Press (New York), , 1975.
* (With Albert Rees) ''Workers and Wages in an Urban Labor Market'', University of Chicago Press, , 1970.
* (With Arnold R. Weber) ''Strategies for the Displaced Worker: Confronting Economic Change'', Harper (New York), 1966.
* (Editor and author of introduction, with Robert Z. Aliber) ''Guidelines, Informal Controls, and the Market Place: Policy Choices in a Full Employment Economy'', University of Chicago Press (Chicago), 1966.
* (Editor, with Thomas Whisler) ''Management Organization and the Computer'', Free Press (New York), 1960.
* ''Automation, a new dimension to old problems'' by George P. Shultz and George Benedict Baldwin (Washington: Public Affairs Press, 1955).
* (Editor, with John R. Coleman) ''Labor Problems: Cases and Readings'', McGraw (New York), 1953.
* ''Pressures on Wage Decisions: A Case Study in the Shoe Industry'', Wiley (New York), 1951.
* (With Charles Andrew Myers) ''The Dynamics of a Labor Market: A Study of the Impact of Employment Changes on Labor Mobility, Job Satisfaction, and Company and Union Policies'', Prentice-Hall (Englewood Cliffs, NJ), ,1951.
See also
* Foreign policy of the Reagan administration
* International Conference on Nuclear Disarmament
* Nuclear Tipping Point
References
Further reading
* Christison, Kathleen
"The Arab-Israeli Policy of George Shultz"
''Journal of Palestine Studies'' 18.2 (1989): 29–47.
* Coleman, Bradley Lynn and Kyle Longley, eds. ''Reagan and the World: Leadership and National Security, 1981–1989'' (University Press of Kentucky, 2017), 319 pp. essays by scholars
* Hopkins, Michael F. "Ronald Reagan's and George HW Bush's Secretaries of State: Alexander Haig, George Shultz and James Baker." ''Journal of Transatlantic Studies'' 6.3 (2008): 228–245.
* Kieninger, Stephan. ''The diplomacy of détente: cooperative security policies from Helmut Schmidt to George Shultz'' (Routledge, 2018).
*
* Laham, Nicholas. ''Crossing the Rubicon: Ronald Reagan and US Policy in the Middle East'' (Routledge, 2018).
* Matlock Jr, Jack, et al. ''Reagan and the World: Leadership and National Security, 1981–1989'' (UP of Kentucky, 2017).
*
* Pee, Robert, and William Michael Schmidli, eds. ''The Reagan administration, the cold war, and the transition to democracy promotion'' (Springer, 2018).
* Preston, Andrew. "A Foreign Policy Divided Against Itself: George Shultz versus Caspar Weinberger." in Andrew L. Johns, ed., ''A Companion to Ronald Reagan'' (2015): 546–564.
* Rather, Dan and Gary Paul Gates, ''The Palace Guard'' (1974)
* Safire, William, ''Before the Fall: An Inside Look at the Pre-Watergate White House'' (1975)
* Skoug, Kenneth N. ''The United States and Cuba Under Reagan and Shultz: A Foreign Service Officer Reports''. (Praeger, 1996).
* Wallis, W. Allen
"George J. Stigler: In memoriam"
''Journal of Political Economy'' 101.5 (1993): 774–779.
* Williams, Walter. "George Shultz on managing the White House." ''Journal of Policy Analysis and Management'' 13.2 (1994): 369–375
online
*
Primary sources
* Shultz, George P. ''Turmoil and Triumph My Years As Secretary of State'' (1993
online
* Shultz, George P. and James Timbie. ''A Hinge of History: Governance in an Emerging New World'' (2020
excerpt
External links
* ttp://www.turmoilandtriumph.org Turmoil & Triumph: The George Shultz Years* .
Association for the Study of the Middle East and Africa
ASMEA)
*
Video
*
Turmoil & Triumph: The George Shultz Years
* (April 15, 2008, at Stanford)
George Shultz on panel
aired on ''Democracy Now!'' program, September 6, 2007
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{{DEFAULTSORT:Shultz, George P.
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Category:Politicians from New York City
Category:Politicians from San Francisco
Category:Presidential Medal of Freedom recipients
Category:Princeton University alumni
Category:Reagan administration cabinet members
Category:Recipients of the Order of the Rising Sun with Paulownia Flowers
Category:Stanford University faculty
Category:Theranos people
Category:United States Marine Corps officers
Category:United States Secretaries of Labor
Category:United States Secretaries of State
Category:United States Secretaries of the Treasury
Category:University of Chicago faculty
Category:Writers from New York City
Category:Loomis Chaffee School alumni
Category:Distinguished Fellows of the American Economic Association
Category:Social Science Research Council
Category:The Peter G. Peterson Foundation
Category:Industry and corporate fellows
Category:The Washington Institute for Near East Policy
Category:Recipients of the Silver Medal of Jan Masaryk