Shultz, George Pratt, 1920-, American public official, b. New York City, grad. Princeton, 1942, Ph.D., Massachusetts Institute of Technology, 1949. A professor of industrial relations, Shultz taught at the Massachusetts Institute of Technology (1946-57) and the Univ. of Chicago (1957-68). Under President Richard Nixon, he served as secretary of labor (1969-70), director of the Office of Management and Budget (1970-72), and secretary of the treasury (1972-74). After several years in private business, he served as secretary of state (1982-89) in President Ronald Reagan's administration. Known for his ability to effect compromises, he was criticized for failing to oppose more strongly the operations that led to the
Iran-contra affair.
The Columbia Electronic Encyclopedia Copyright © 2004.
Licensed from Columbia University Press