Simon Kuznets
Simon Kuznets | |
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Kuznets in 1971 | |
| Born | April 30, 1901 Pinsk, Russian Empire |
| Died | July 8, 1985 (aged 84) Cambridge, Massachusetts, U.S. |
Burial place | Sharon Memorial Park |
| Citizenship | United States |
| Academic background | |
| Education | Kharkov Institute of Commerce Columbia University (BS, MA, PhD) |
| Wesley Clair Mitchell | |
| Academic work | |
| Discipline | Econometrics, development economics |
School or tradition | Institutional economics |
| Institutions | NBER Columbia University, Harvard University (1960–1971) Johns Hopkins University (1954–1960) University of Pennsylvania (1930–1954) |
Doctoral students | Baidyanath Misra Milton Friedman Richard Easterlin Stanley Engerman Robert Fogel Subramanian Swamy Lance Taylor |
| Awards | Nobel Memorial Prize in Economic Sciences (1971) |
| Website | |
| Part of a series on |
| Macroeconomics |
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Simon Smith Kuznets (/ˈkʌznɛts/ KUZ-nets; Russian: Семён Абра́мович Кузне́ц, romanized: Semyon Abramovich Kuznets, IPA: [sʲɪˈmʲɵn ɐˈbraməvʲɪtɕ kʊzʲˈnʲets]; April 30, 1901 – July 8, 1985) was a Russian-born American economist and statistician. He 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. Kuznets pioneered the concept of gross domestic product, which seeks to capture all economic production in a state by a single measure.