A background in economics was extremely helpful in diplomacy because economics is inherently a strategic science: economists are accustomed to acting today without seeing immediate results, understanding that consistent action pays off with a lag.

causalpending

Speaker

George Shultz

Evidence Quote

economics is sort of inherently a strategic science

Source

George Shultz on Economics, Human Rights and the Fall of the Soviet Union 9/3/2007EconTalk
Created: 6/15/2026, 9:20:22 AM

My Notes

Loading notes...