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Kuznets, Simon (Smith)


Economist and statistician, born in Kharkov, Ukraine. He emigrated to the USA in 1922, studied at Columbia, and investigated business cycles for the National Bureau of Economic Research from 1927. He was professor of economics at Pennsylvania (1930--54), Johns Hopkins (1954--60), and Harvard (1960--71). In his work he combined a concern for facts and measurement with creative and original ideas on economic growth and social change, such as the 20-year Kuznets cycle of economic growth. His major publication was National Income and its Composition, 1919--1938 (2 vols, 1941). He was awarded the Nobel Prize for Economics in 1971.

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