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Simon Kuznets was a highly influential 20th-century economist who made major contributions to understanding economic growth and development, particularly through developing methods to measure and analyze national income. His work established important frameworks for studying how economies change over time, which has shaped how governments and researchers understand economic progress today.
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Person
- Born
- 1901-04-30
- Died
- 1985-07-09
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- Moderated estimation of fold change and dispersion for RNA-seq data with DESeq2
· 2014 · cited 84,886x
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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. Kuznets pioneered the concept of gross domestic product, which seeks to capture all economic production in a state by a single measure.
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1901 births1985 deaths20th-century American economists20th-century American Jews20th-century American statisticians20th-century Ukrainian JewsAmerican development economistsAmerican Nobel laureatesBurials at Sharon Memorial Park, MassachusettsColumbia Graduate School of Arts and Sciences alumniColumbia University School of General Studies alumni