View source for Simon Kuznets

{{short description|American economist and statistician (1901–1985)}}
{{Redirect|Kuznets|other people with this surname|Kuznets (surname)}}
{{Use American English|date=April 2022}}
{{Use mdy dates|date=April 2022}}
{{Infobox economist
| school_tradition  = [[Institutional economics]]
| image             = Simon Kuznets 1971b.jpg
| image_size        =
| caption           = Kuznets in 1971
| birth_date        = {{Birth date|1901|4|30}}
| birth_place       = [[Pinsk]], Russian Empire (now Belarus)
| death_date        = {{Death date and age|1985|7|8|1901|4|30}}
| death_place       = [[Cambridge, Massachusetts]], U.S.
| burial_place      = [[Sharon Memorial Park, Massachusetts|Sharon Memorial Park]]
| citizenship       = United States
| institution       = [[National Bureau of Economic Research|NBER]]<br />[[Columbia University]],<br />[[Harvard University]] (1960–1971)<br />[[Johns Hopkins University]] (1954–1960)<br />[[University of Pennsylvania]] (1930–1954)
| field             = [[Econometrics]], [[development economics]]
| doctoral_advisor  = [[Wesley Clair Mitchell]]
| doctoral_students = [[Baidyanath Misra]]<br />[[Milton Friedman]]<br />[[Richard Easterlin]]<br />[[Stanley Engerman]]<br />[[Robert Fogel]]<br />[[Subramanian Swamy]]<br />[[Lance Taylor (economist)|Lance Taylor]]
| awards            = [[Nobel Memorial Prize in Economic Sciences]] (1971)
| signature         = <!-- file name only -->
| repec_prefix      = e
| repec_id          = pku10
|education=[[Kharkiv National University of Economics|Kharkiv Institute of Commerce]]<br />[[Columbia University]] ([[Bachelor of Science|BS]], [[Master of Arts|MA]], [[PhD]])}}
{{Macroeconomics sidebar}}

'''Simon Smith Kuznets''' ({{IPAc-en|ˈ|k|ʌ|z|n|ɛ|t|s}} {{respell|KUZ|nets}}; {{langx|ru|Семён Абра́мович Кузне́ц}}, {{IPA|ru|sʲɪˈmʲɵn ɐˈbraməvʲɪtɕ kʊzʲˈnʲets|IPA}}; 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 [[econometric history|quantitative economic history]].<ref>{{cite journal|doi=10.1017/S0022050700045642|title=Simon Kuznets 1901–1985|journal=The Journal of Economic History|volume=46|pages=241–246|year=2009|last1=Abramovitz|first1=Moses|doi-access=free}}. He has been called "one of the most important economists of the twentieth century" by Robert Whaples in a [https://ceterisnumquamparibus.blogspot.com/2018/06/prof-robert-whaples.html 2018 interview].</ref> Kuznets pioneered the concept of [[gross domestic product]], which seeks to capture all economic production in a state by a single measure.<ref>{{Cite web |title=GDP and the National Accounts: One of the Great Inventions of the 20th Century |url=https://www.bea.gov/news/blog/2012-04-09/gdp-and-national-accounts-one-great-inventions-20th-century#:~:text=In%202000,%20GDP%20was%20recognized,the%20country's%20economic%20well-being. |website=www.bea.gov}}</ref><ref>{{Cite news |date=2022 |title=Meet the new GDP prototype that tracks inequality |url=https://www.npr.org/sections/money/2022/07/19/1111770118/meet-the-new-gdp-prototype-that-tracks-inequality |work=NPR}}</ref><ref>{{Cite web |last=Dickinson |first=Elizabeth |date=2024-10-29 |title=GDP: a brief history |url=https://foreignpolicy.com/2011/01/03/gdp-a-brief-history/ |access-date=2024-10-29 |website=Foreign Policy |language=en-US}}</ref>

==Biography==
===Early life===
Simon Kuznets was born in 1901 in [[Pinsk]],<ref name="Nobel Prize Laureates Database">[https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1971/kuznets-facts.html  Nobel Prize Laureate Database]</ref> [[Russian Empire]], in modern Belarus, to a [[Lithuanian Jews|Lithuanian-Jewish]] family. He had two brothers, Solomon and George.<ref>Vibha Kapuria-Foreman, Mark Perlman, [https://www.jstor.org/stable/2235115 An Economic Historian's Economist: Remembering Simon Kuznets],[[The Economic Journal]] November 1995, Vol. 105, No. 433  pp. 1524–1547 [1527, note 6]: Solomon was also to become an economist and like Simon, worked for the [[National Bureau of Economic Research]].</ref> He completed his schooling, first at the [[Rivne]], then, [[Kharkiv]] [[Realschule]] of [[Ukraine]]. In 1918, Kuznets entered the [[Kharkiv National University of Economics|Kharkiv Institute of Commerce]] where he studied economic sciences, statistics, history and mathematics under the guidance of professors P. Fomin (political economy), A. Antsiferov ([[statistics]]), V. Levitsky ([[economic history]] and [[History of economic thought|economic thought]]), [[Sergey Bernstein|S. Bernstein]] (probability theory), V. Davats (mathematics), and others. Basic academic courses at the Institute helped him to acquire "exceptional" erudition in economics, as well as in history, demography, statistics and natural sciences. According to the institute's curriculum, development of national economies had to be analyzed in the wider context of changes in "connected spheres" and with the involvement of proper methods and empirical data.<ref>{{cite book|chapter-url=http://cdn.scipeople.com/materials/32916/Kuznets-i-kharkovskaya-shkola.pdf|chapter=Саймон Кузнец и харьковская высшая экономическая школа начала ХХ ст.|author=Moskovkin, V.M. and Mikhailichenko D. Yu.|title=Кузнец С. Экономическая система д-ра Шумпетера, излагаемая и критикуемая|editor=Ponomarenko, V.S.|place=Kharkiv|publisher=ИД «ИНЖЕК»|year=2013|pages=7–34|access-date=2013-11-15|archive-url=https://web.archive.org/web/20131111215746/http://cdn.scipeople.com/materials/32916/Kuznets-i-kharkovskaya-shkola.pdf|archive-date=2013-11-11|url-status=dead}}</ref> There, he began to study economics, and became exposed to [[Joseph Schumpeter|Joseph Schumpeter's]] theory of innovation and the business cycle.<ref>{{
cite journal
|last       = Goldthwaite
|first      = Richard
|author2    = Abramovitz M.
|date       = 1986
|title      = Association Notes: In Memoriam: Frederic C. Lane 1900–1984, Simon Kuznets 1901–1985
|jstor      = 2121281
|journal    = The Journal of Economic History
|volume     = 46
|issue      = 1
|pages      = 239–246|doi = 10.1017/S0022050700045630
|doi-access = free
}}</ref><ref name="Weyl 2007">{{
cite web
 |author      = Weyl, E. Glen
 |year        = 2007
 |title       = Simon Kuznets: Cautious Empiricist of the Eastern European Jewish Diaspora
 |url         = http://home.uchicago.edu/weyl/Kuznets_Final_11_10.pdf
 |page        = 8
 |publisher   = Harvard University Society of Fellows; Toulouse School of Economics
 |access-date  = 2012-02-04
 |url-status  = dead
 |archive-url  = https://web.archive.org/web/20131017201504/http://home.uchicago.edu/weyl/Kuznets_Final_11_10.pdf
 |archive-date = 2013-10-17
}}</ref><ref>{{
cite web
|author     = Харківський національний університет імені В.Н. Каразіна
|title      = Про університет. Історична довідка
|url        = http://www.univer.kharkov.ua/ua/general/our_university/history
|access-date = 2012-02-04
}}</ref><ref>{{cite book|title=Ökonomie in Theorie und Praxis: Festschrift für Helmut Frisch |editor1-first=Günther |editor1-last=Chaloupek |editor2-first=Alois |editor2-last=Guger |editor3-first=Ewald |editor3-last=Nowotny |editor4-first=Gerhard |editor4-last=Schwödiauer |edition=German |publisher=Springer |language=de, en |isbn=978-3540422402 |year=2001 |page=286 |chapter=Schumpeter and Schools of Economic Thoughts |first=Mark |last=Perlman |chapter-url=https://books.google.com/books?id=kcFP8wJLOdMC&q=Simon+Kuznets+Kharkov&pg=PA286}}</ref><ref>{{cite book|title=Fifty Major Economists |first=Steven |last=Pressman |publisher=Routledge |isbn=978-0415366489 |page=[https://archive.org/details/fiftymajoreconom0000pres/page/181 181] |year=2006 |url=https://archive.org/details/fiftymajoreconom0000pres|url-access=registration |quote=Simon Kuznets university Kharkov. }}</ref><ref>{{cite book|title=Jewish Economies: Development and Migration in America and Beyond |volume=I |first=Kuznetz |last=Simon |editor-first=E. Glen |editor-last=Weyl |editor2-first=Stephanie H. |editor2-last=Lo |publisher=Transaction Publishers |isbn=978-1412842112 |year=2011 |page=xix |url=https://books.google.com/books?id=IswkeZElA70C&q=simon+kuznets+university+kharkov&pg=PR19}}</ref>

At the turn of the decade, the normal work in the institute was interrupted by the events of the [[Civil War in Russia|Civil War]]; reorganizations were undertaken by the [[Soviet Ukraine|Soviet authorities]] in the sphere of the higher education. There is no precise information whether Kuznets continued his studies at the institute, but it is known that he joined the Department of Labor of UZHBURO (South Bureau) of the Central Council of Trade Unions. There, he published his first scientific paper, "Monetary wages and salaries of factory workers in Kharkov in 1920"; he explored the dynamics of different types of wages by industries in Kharkov and income differentiation, depending on the wage system.<ref>Кузнец С. Денежная заработная плата рабочих и служащих фабрично-заводской промышленности г. Харькова в 1920 г. // Материалы по статистике труда на Украние. Под ред. Зав. отд. труда И. Н. Дубинской. – Вып. 2. – Июль 1921 г. – С. 53–64. (Репринтная публикация [http://www.ksue.edu.ua/ru/science/editions/businform.html Бизнес Информ]{{dead link|date=March 2018 |bot=InternetArchiveBot |fix-attempted=yes}}. – № 9&nbsp;– 10. – 2002 г.)</ref>

===Emigration to the United States===
In 1922, the Kuznets family emigrated to the [[United States]]. Kuznets then studied at [[Columbia University]] under the guidance of [[Wesley Clair Mitchell]]. He graduated with a B.S. in 1923,<ref>{{Cite web|title=Alumni Award Recipients {{!}} School of General Studies|url=https://gs.columbia.edu/content/alumni-award-recipients|access-date=2022-01-29|website=gs.columbia.edu}}</ref> M.A. in 1924, and Ph.D. in 1926.<ref name="Weyl 2007"/> As his magister thesis, he defended his essay "Economic system of [[Joseph Schumpeter|Dr. Schumpeter]], presented and analyzed", written in [[Kharkiv]]. From 1925 to 1926, Kuznets spent time studying economic patterns in prices as the Research Fellow at the [[Social Science Research Council]]. It was this work that led to his book "Secular Movements in Production and Prices", defended as a doctoral thesis and published in 1930.

In 1927, he became a member of the research staff of the [[National Bureau of Economic Research]] (NBER), where he worked until 1961. From 1931 until 1936, Kuznets was a part-time professor at the University of Pennsylvania. In 1937 he was elected as a [[fellow of the American Statistical Association]].<ref>[http://www.amstat.org/awards/fellowslist.cfm View/Search Fellows of the ASA] {{Webarchive|url=https://web.archive.org/web/20160616161612/https://www.amstat.org/awards/fellowslist.cfm |date=June 16, 2016 }}, accessed 2016-07-23.</ref> He was elected to the [[Pi Gamma Mu]] social science honor society chapter at the University of Pennsylvania and actively served as a chapter officer in the 1940s; becoming a full-time professor from 1936 until 1954. In 1954, Kuznets moved to [[Johns Hopkins University]], where he was professor of political economy until 1960. From 1961 until his retirement in 1970, Kuznets taught at Harvard.

Apart from that, Kuznets collaborated with a number of research organizations and government agencies. From 1931 to 1934, at Mitchell's behest, Kuznets took charge of the NBER's work on U.S. national income accounts, giving the first official estimation of the US national income. In 1936, Kuznets took the lead in establishing the Conference on Research, Income and Wealth, which brought together government officials and academic economists, engaged in the development of the U.S. national income and product accounts, and in 1947 helped to establish its international counterpart, the International Association for Research in Income and Wealth.

During the Second World War, between 1942 and 1944, Kuznets became the associate director of the Bureau of Planning and Statistics of the [[War Production Board]]. He took part in work to assess the country's capacity to expand military production. Researchers used national income accounting, together with a rough form of [[linear programming]], to measure the potential for increased production and the resources from which it would come, and to identify the materials that were binding constraints on expansion.<ref name=mem>{{cite journal|doi=10.3386/w7787|title=Simon S. Kuznets: April 30, 1901 – July 9, 1985|year=2000|last1=Fogel|first1=Robert|url=https://www.nap.edu/read/10169/chapter/13#203|journal=Biographical Memoirs|volume=79 |doi-access=free}}</ref>

After the war, he worked as an advisor for the governments of China, Japan, India, Korea, Taiwan, and Israel in the establishment of their national systems of economic information. Kuznets cooperated with the Growth Center of Yale University, the [[Social Science Research Council]] (SSRC). He guided extensive research, holding a number of positions in research institutions, such as the Chairman of the Falk Project for Economic Research in Israel, 1953–1963; member of the board of trustees and honorary chairman, Maurice Falk Institute for Economic Research in Israel, from 1963; and chairman, Social Science Research Council Committee on the Economy of China, 1961–1970.

Kuznets was elected as the President of the American Economic Association (1954), President of the American Statistical Association (1949), an honorable member of the Association of Economic History, the Royal Statistical Society of England and a member of the [[Econometric Society]], the [[International Statistical Institute]], the [[American Philosophical Society]], the [[Royal Swedish Academy]] and a corresponding member of the [[British Academy]]. He was awarded the Medal of [[Francis Amasa Walker|Francis Walker]] (1977).

Simon Kuznets died on July 8, 1985, at the age of 84. In 2013 the Kharkiv National University of Economics, where he studied in 1918–1921 was named after him; [[Kharkiv National University of Economics|Simon Kuznets Kharkiv National University of Economics]].

==Impact on economics==
His name is associated with the formation of modern economic science as an empirical discipline, the development of statistical methods of research and the emergence of quantitative economic history. Kuznets is credited with revolutionising [[econometrics]], and this work is credited{{by whom|date=December 2021}} with fueling the so-called [[Keynesian economics|Keynesian]] revolution.

Kuznets' views and scientific methodology were highly influenced by methodological settings received by him in [[Kharkiv]] and fully shared by Mitchell for the statistical, inductive construction of hypotheses in economics and its empirical testing. Kuznets treated a priori and speculative conceptions with deep skepticism. At the same time, Kuznets tended to analyze economy in connection with the wider context of historical situation, demographic, and social processes, a method that was peculiar to the Kharkiv academics at the beginning of the 20th century{{citation needed|date=December 2021}}. Kuznets was influenced by the work of such leading theorists as [[Joseph A. Schumpeter]] (who probed the relationship between technological change and business cycles), [[A. C. Pigou]] (who identified circumstances under which markets failed to maximize economic welfare), and [[Vilfredo Pareto]] (who propounded a law governing the distribution of income among households).<ref name=mem/> Kuznets was closely familiar with the economics of Russia and Ukraine of the early 20th century{{citation needed|date=December 2021}}. In the 1920s, he reviewed and translated the papers of [[Nikolai Kondratiev|Kondratiev]], [[Eugen Slutsky|Slutsky]], [[Pervushin]], [[Weinstein]].<ref>{{cite book|url= http://ecsocman.hse.ru/data/015/665/1219/003.FILATOV.pdf |author=Filatov, I. V.|title=Теоретическое наследие С. Кузнеца и проблемы модернизации постсоциалистических стран // Социально-экономическая трансформация в России|place=Moscow|year=2002|page=80}}</ref> who were then little known in the West.

===Historical series of economic dynamics and Kuznets cycles, or "long swings"===
The first major research project in which Kuznets was involved was the study of long series of economic dynamics in the US undertaken in the mid-1920s. The collected data covered the period from 1865 to 1925, and for some indices achieved 1770. Applying for the analysis of time series approximating [[Gompertz function|Gompertz]] and [[logistic curve]]s, Kuznets found that the characteristics of the curves with reasonable accuracy described the majority of economic processes. Fitting trend curves to data and analysis of the time series, comparison of theoretical and empirical levels, allowed him to identify medium-term extended cycles of economic activity, which lasted 15–25 years and had an intermediate position between the [[Kondratiev wave|Kondratyev "long waves"]] and short [[business cycles]]. Aspiring to determine the nature of these cycles, Kuznets analyzed the dynamics of population, the construction industry performance, capital, national income data and other variables. These movements became known among economists and economic historians as "[[Kuznets cycles]]", and alternatively as "long swings" in the economy's growth rate (following the work of Moses Abramovitz [1912–1999]).<ref>{{cite journal|doi=10.1086/449905|jstor=1151797|title=The Nature and Significance of Kuznets Cycles|journal=Economic Development and Cultural Change|volume=9|issue=3|pages=225–248|year=1961|last1=Abramovitz|first1=Moses|s2cid=154354441}}</ref><ref>{{cite journal|jstor=2552345|title=The passing of the Kuznets cycle|journal=Economica|volume=35|issue=140|pages=349–367|doi=10.2307/2552345 |year=1968|last1=Abramovitz|first1=Moses}}</ref>

===National income accounts===
In 1931, at Mitchell's behest, Kuznets took charge of the NBER's work on U.S. [[national income]] accounts. In 1934, an assessment of the national income of the United States for the period 1929–1932 was given; further, it was extended to 1919–1938, and then, until 1869. Although Kuznets was not the first economist to try this, his work was so comprehensive and meticulous that it set the standard in the field. (He explicitly notes his work as an update of W.I. King's 1930 "The National income and Its Purchasing Power" in https://www.nber.org/system/files/chapters/c4231/c4231.pdf, as well as the contribution of Lillian Epstein, Elizabeth Jenks, and Edna Ehrenberg, the first of which had also contributed to King's 1930 book.)

Kuznets had success to solve numerous problems ranging from lack of sources of information and bias assessments, to the development of the theoretical concept of national income. Kuznets achieved a high precision in calculations. His works allowed us to analyze the structure of the national income, and expose to detailed study a number of specific problems of the national economy. Improved methods for calculating the national income and related indicators have become classics and formed the basis of the modern system of national accounts. Having analyzed the distribution of income among different social groups, Kuznets put forward the hypothesis that in countries, which were on the early stages of economic development, income inequality increased first, but as far as national economy was growing, it tended to decrease. This assumption formed the basis of so-called "[[Kuznets curve]]" empirical conception.

Kuznets helped the [[U.S. Department of Commerce]] to standardize the measurement of [[GNP]]. He disapproved, however, of its use as a general indication of welfare,<ref>Rowe, Jonathan (June 2008) [http://harpers.org/archive/2008/06/0082042 Our Phony Economy]. ''Harper's Magazine''</ref> writing that "the welfare of a nation can scarcely be inferred from a measure of national income."<ref>Simon Kuznets, 1934. "National Income, 1929–1932". 73rd US Congress, 2d session, Senate document no. 124, p. 7. https://fraser.stlouisfed.org/title/national-income-1929-1932-971, 2022-02-13</ref>

Exploring the formation of the national income, Kuznets studied proportions between output and income, consumption and savings, etc. After analyzing the long-term data sets of economic conditions for 20 countries, Kuznets revealed long-term trends in capital / output ratios, shares of net capital formation, net investment, and so on. Collected and systematized data allowed exposing to empirical testing a number of existing hypotheses. In particular, this concerned premises of the [[Keynesian economics|Keynes theory]] – [[John Maynard Keynes|Keynes]]' 1936 [[absolute income hypothesis]].

The hypothesis gave birth to what would become the first formal [[consumption function]]. However, Kuznets shook the economic world by finding that Keynes' predictions, while seemingly accurate in short-run cross-sections, broke down under more rigorous examination. In his 1942 tome ''Uses of National Income in Peace and War'', published by the [[National Bureau of Economic Research]], Kuznets became the first economist to show that the Absolute Income Hypothesis gives inaccurate predictions in the long run (by using [[time-series]] data). Keynes had predicted that as aggregate income increases, so will marginal savings. Kuznets used new data to show that, over a longer span of time (1870s – 1940s) the savings ratio remained constant, despite large changes in income. This paved the way for [[Milton Friedman]]'s [[permanent income hypothesis]], and several more modern alternatives such as the [[life-cycle hypothesis]] and the [[relative income hypothesis]].

===Economic growth===
By the end of the Second World War Kuznets moved into a new research area, related to the tie between changes in income and growth. He proposed a research program that involved extensive empirical studies on the four key elements of economic growth. The elements were demographic growth, growth of knowledge, in-country adaptation to growth factors, and external economic relations between the countries. The general theory of economic growth should explain the development of advanced industrial countries, and the reasons that prevent the development of backward countries, include both market and planned economies, large and small, developed and developing countries, consider the impact on growth of foreign economic relations.

He collected and analyzed statistical indicators of economic performance of 14 countries in Europe, the U.S. and Japan for 60 years. Analysis of the materials led to the advancement of a number of hypotheses relating to various aspects of the mechanism of economic growth, concerning the level and variability of growth, structure of the GNP and distribution of labor, the distribution of income between households, the structure of foreign trade. Kuznets founded the historically grounded theory of economic growth. The central theme of these empirical studies is that the growth of the aggregated product of the country necessarily implies a profound transformation of the whole of its economic structure. This transformation affects many aspects of economic life – the structure of production, sectoral and occupational structure of employment, the division of occupations among family and market activities, the income structure, size, age structure and spatial distribution of the population, cross-country flows of goods, capital, labor and knowledge, the organization of industry and governmental regulation. Such changes, in his opinion, are essential for overall growth and, once started, shape, constrain or support the subsequent economic development of the country. Kuznets made a profound analysis of the impact on economic growth by demographic processes and characteristics.

His major thesis, which argued that underdeveloped countries of today possess characteristics different from those that industrialized countries faced before they developed, helped put an end to the simplistic view that all countries went through the same "linear stages" in their history and launched the separate field of development economics – which now focused on the analysis of modern underdeveloped countries' distinct experiences.

==Kuznets curve==
Among his several observations which sparked important theoretical research programs was the [[Kuznets curve]], an inverted U-shaped relation between [[income inequality]] and [[economic growth]] (1955, 1963). In poor countries, economic growth increased the income disparity between rich and poor people. In wealthier countries, economic growth narrowed the difference. By noting patterns of income inequality in developed and underdeveloped countries, he proposed that as countries experienced economic growth, the income inequality first increases and then decreases. The reasoning was that in order to experience growth, countries had to shift from agricultural to industrial sectors. While there was little variation in the agricultural income, industrialization led to large differences in income. Additionally, as economies experienced growth, mass education provided greater opportunities which decreased the inequality and the lower income portion of the population gained political power to change governmental policies. He also discovered the patterns in savings-income behavior which launched the [[Intertemporal consumption|life-cycle-permanent-income hypothesis]] of [[Franco Modigliani|Modigliani]] and [[Milton Friedman|Friedman]]. He conducted his research{{vague|date=December 2021}} for many years and finally published his findings in 1963.

===Historical and economic works of the 1970s===
In his historical and economic studies of the 1970s, Kuznets expressed the idea of an interaction between science and technology (innovations), and institutional shifts, as well as the role of factors external to the economy, such as those caused by the moral and political climate in society, and their impact on the progress and results of economic growth.

==Selected publications==
* "Secular Movements in Production and Prices: Their Nature and Their Bearing upon Cyclical Fluctuations". (New York and Boston: Houghton Mifflin, 1930).
* "National Income and Capital Formation, 1919–1935". (1937)
* "National Income and Its Composition, 1919–1938". (1941) Assisted by Lillian Epstein and Elizabeth Jenks https://www.nber.org/chapters/c4224
* "Economic Growth and Income Inequality". ''American Economic Review'' 45 (March): 1–28. (1955)
* "Quantitative aspects of the economic growth of nations, VIII: The distribution of income by size", ''Economic Development and Cultural Change'', 11, pp.&nbsp;1–92. (1963)
* "Modern Economic Growth: Rate, Structure, and Spread". (1966)
* "Toward a Theory of Economic Growth, with Reflections on the Economic Growth of Modern Nations". (1968)
* "Economic Growth of Nations: Total Output and Production Structure". (1971)
* "Population, Capital and Growth". (1973)

==See also==
{{cols}}
* [[Capital formation]]
* [[Gross domestic product]]
* [[Information Revolution]]
* [[List of economists]]
* [[List of Jewish Nobel laureates]]
* [[Kharkiv National University of Economics|Simon Kuznets Kharkiv National University of Economics]]
{{colend}}

==References==
{{reflist}}

==Further reading==
* Ben-Porath Y. "Simon Kuznets in Person and in Writing"  ''Economic Development and Cultural Change'', Vol. 36, No. 3 (Apr., 1988), pp.&nbsp;435–447.
* {{cite journal |author-link=Robert Fogel |last=Fogel |first=Robert W. |year=2000 |title=Simon S. Kuznets: April 30, 1901 – July 9, 1985 |journal=NBER Working Paper No. W7787 }}
* {{Cite book | last1 = Fogel | first1 = Robert William | last2 = Fogel | first2 = Enid M. | last3 = Guglielmo | first3 = Mark | last4 = Grotte | first4 = Nathaniel | title = Political Arithmetic: Simon Kuznets and the Empirical Tradition in Economics | publisher = University of Chicago Press | location=Chicago | isbn = 978-0226256610 | year = 2013 }}
* {{cite encyclopedia |title=Simon Kuznets (1901–1985) |url=http://www.econlib.org/library/Enc/bios/Kuznets.html |encyclopedia=[[The Concise Encyclopedia of Economics]] |edition=2nd |series=[[Library of Economics and Liberty]] |publisher=[[Liberty Fund]] |year=2008|isbn=978-0865976665 |editor-first=David R.|editor-last=Henderson |editor-link=David R. Henderson |pages=552–553}}
* [[Bert F. Hoselitz|Hoselitz B.F.]] "Bibliography of Simon Kuznets",  ''Economic Development and Cultural Change'', Vol. 31, No. 2 (Jan., 1983), pp.&nbsp;433–454.
* Kapuria-Foreman V., Perlman M. "An Economic Historian's Economist: Remembering Simon Kuznets",  ''The Economic Journal'', 105 (November), 1995, pp.&nbsp;1524–1547.
* {{cite journal |first=Erik |last=Lundberg |title=Simon Kuznets contributions to Economics |journal=The Swedish Journal of Economics |year=1971 |volume=73 |issue=4 |pages=444–459 |doi=10.2307/3439225 |jstor=3439225 }}
* Street J.H. "The Contribution of Simon S. Kuznets to Institutionalist Development Theory: ''Journal of Economic Issues'', Vol. 22, No. 2 (Jun., 1988), pp.&nbsp;499–509.

==External links==
{{Commons category|Simon Kuznets}}
{{wikiquote}}
{{Spoken Wikipedia|Simon_Kuznets.ogg|date=2016-01-23}}
* {{Cite encyclopedia |title=Simon Kuznets (1901–1985) |url=http://www.econlib.org/library/Enc/bios/Kuznets.html |encyclopedia=[[The Concise Encyclopedia of Economics]] |edition=2nd |series=[[Library of Economics and Liberty]] |publisher=[[Liberty Fund]] |year=2008 }}
* [https://web.archive.org/web/20030814085554/http://cepa.newschool.edu/het/profiles/kuznets.htm New School for Social Research.] With partial bibliography and web links.
* [http://werdet.atspace.com/bin/kuznets-lecture.html Kuznets's Nobel Prize lecture.]
* Fogel, Robert, 2000, "[https://dx.doi.org/10.3386/w7787 Simon S. Kuznets: 1901–1985]," NBER Working Paper No. 7787.
* [http://www.nasonline.org/publications/biographical-memoirs/memoir-pdfs/kuznets-simon.pdf National Academy of Sciences Biographical Memoir]
* {{Nobelprize}}

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{{s-bef | before = [[Paul A. Samuelson]] }}
{{s-ttl | title = [[List of Nobel Memorial Prize laureates in Economics|Laureate of the Nobel Memorial Prize in Economics]] | years = 1971 }}
{{s-aft | after = [[John Hicks|John R. Hicks]] |after2 = [[Kenneth J. Arrow]] }}
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{{Nobel laureates in economics 1969–1975}}
{{1971 Nobel Prize winners}}
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{{Presidents of the American Economic Association}}
{{American Statistical Association Presidents}}
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{{DEFAULTSORT:Kuznets, Simon}}
[[Category:1901 births]]
[[Category:1985 deaths]]
[[Category:Nobel laureates in Economics]]
[[Category:American Nobel laureates]]
[[Category:Writers from Kharkiv]]
[[Category:Jews from the Russian Empire]]
[[Category:Ukrainian Jews]]
[[Category:Jewish American social scientists]]
[[Category:American statisticians]]
[[Category:Institutional economists]]
[[Category:American development economists]]
[[Category:Presidents of the American Statistical Association]]
[[Category:University of Pennsylvania faculty]]
[[Category:Johns Hopkins University faculty]]
[[Category:Harvard University faculty]]
[[Category:20th-century American economists]]
[[Category:Fellows of the American Statistical Association]]
[[Category:Fellows of the Econometric Society]]
[[Category:Presidents of the American Economic Association]]
[[Category:Distinguished fellows of the American Economic Association]]
[[Category:Social Science Research Council]]
[[Category:National Bureau of Economic Research]]
[[Category:Corresponding fellows of the British Academy]]
[[Category:Columbia University School of General Studies alumni]]
[[Category:Columbia Graduate School of Arts and Sciences alumni]]
[[Category:Members of the Royal Swedish Academy of Sciences]]
[[Category:Burials at Sharon Memorial Park, Massachusetts]]
[[Category:Members of the American Philosophical Society]]
[[Category:Jewish Nobel laureates]]