Shultz, George Pratt,
1920–2021, American public official, b. New York City, grad.
Princeton Univ. (Ph.D., 1942), 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 as president of the Bechtel Corporation, he served as
secretary of state (1982–89) in President Ronald Reagan's administration. He
successfully negotiated the Intermediate-Range Nuclear Forces Treaty with
Russia in 1988, placing limits on both sides. 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.
See his autobiographies (1993, 2016) and political studies (2016, 2019, 2020; all with J.
Timbie).
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