Shultz, George Pratt (1920-2021)

George Pratt Shultz was an economist and businessman. He served in numerous government positions including cabinet. While born in New York, he grew up in Englewood, New Jersey, where he attended the Englewood School for Boys now known as Dwight Englewood. Shultz graduated from Princeton and served in the Marine Corps during World War II. He gained a PhD from MIT. He taught in between his time in government positions at the University of Chicago's Graduate School of Business and Stanford University.

Throughout his career, he served on Dwight Eisenhower's Council of Economic Advisers in 1955, was the Secretary of Labor under Richard Nixon in 1969, was the first director of the Office of Management and Budget in 1970, and served as the United States Secretary of the Treasury in 1972. He became an executive of Betchel after his treasury position. Under Ronald Reagan, he served as Secretary of the State and guided U.S. foreign policy. He made efforts to lower tensions in the Middle East with the war in Lebanon, negotiate with the People's Republic of China and the Soviet Union amid the Cold War, solve trade issues with Japan, and deal with rising tensions between the United States and countries in Latin America. Shultz urged for communication and efforts to diffuse tense foreign relationships. His efforts, while not always succeeding, helped the start of the end of the Cold War.

“Biographies of the Secretaries of State: George Pratt Shultz (1920–2021).” U.S. Department of State.

July 16,

1920-12-13

New York, New York, USA

2021-02-06

“George Shultz.” Wikipedia, Wikimedia Foundation, 10 July 2024.