Simon Kuznets | |
|---|---|
 Kuznets in 1971 | |
| Born | April 30, 1901 |
| Died | July 8, 1985 (aged 84) Cambridge, Massachusetts, U.S. |
| Burial place | Sharon Memorial Park |
| Nationality | American |
| Education | Kharkiv Institute of Commerce Columbia University (BS, MA, PhD) |
| Academic career | |
| Field | Econometrics, development economics |
| Institution | NBER Columbia University, Harvard University (1960–1971) Johns Hopkins University (1954–1960) University of Pennsylvania (1930–1954) |
| School or tradition | Institutional economics |
| Doctoral advisor | Wesley Clair Mitchell |
| Doctoral students | Baidyanath Misra Milton Friedman Richard Easterlin Stanley Engerman Robert Fogel Subramanian Swamy Lance Taylor |
| Awards | Nobel Memorial Prize in Economic Sciences (1971) |
| Information at IDEAS / RePEc | |
| Part of a series on |
| Macroeconomics |
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Simon Smith Kuznets (/ˈkʌznɛts/ KUZ-nets; Russian: Семён Абра́мович Кузне́ц, IPA: [sʲɪˈmʲɵn ɐˈbraməvʲɪtɕ kʊzʲˈnʲets]; April 30, 1901 – July 8, 1985) was a Russian-born American economist and statistician who received the 1971 Nobel Memorial Prize in Economic Sciences "for his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development."
Kuznets made a decisive contribution to the transformation of economics into an empirical science and to the formation of quantitative economic history.[1] Kuznets pioneered the concept of gross domestic product, which seeks to capture all economic production in a state by a single measure.[2][3][4]
- ^ Abramovitz, Moses (2009). "Simon Kuznets 1901–1985". The Journal of Economic History. 46: 241–246. doi:10.1017/S0022050700045642.. He has been called "one of the most important economists of the twentieth century" by Robert Whaples in a 2018 interview.
- ^ "GDP and the National Accounts: One of the Great Inventions of the 20th Century". www.bea.gov.
- ^ "Meet the new GDP prototype that tracks inequality". NPR. 2022.
- ^ Dickinson, Elizabeth (October 29, 2024). "GDP: a brief history". Foreign Policy. Retrieved October 29, 2024.