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Economics and Social Science Professor at the University of Chicago Between 1945 and 1978
: Taught Economics and Social Science at the University of Chicago between 1945 and 1978. His analysis of the role of cultural and sociological factors in economic development was influential and contrasted to Chicago School models of self-interested maximizing behavior. Hoselitz was the founding editor of Economic Development and Cultural Change, a prominent journal in the new research field of economic development. (From: Wikipedia.org.)
Quote #11 on Economic Struggle Quotes >> Socialism and Social Organization
“Leisure may be accorded a high preference because without it the bonds of society would atrophy and the whole social organization would thus disintegrate.”
Source: "International Labor Movement in Transition: Essays on Africa, Asia, Europe, and South America," edited by Adolf Sturmthal and James G. Scoville, University of Illinois Press, Urbana, Chicago, London, 1973. Chapter 2: The Development of a Labor Market in the Process of Economic Growth, by Bert F. Hoselitz, Page 52.
"International Labor Movement in Transition: Essays on Africa, Asia, Europe, and South America," edited by Adolf Sturmthal and James G. Scoville, University of Illinois Press, Urbana, Chicago, London, 1973.
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