Simon Kuznets
Simon Kuznets was a prominent American economist, best known as the 'father of GDP' for developing the Gross Domestic Product (GDP) metric during the Great Depression in the 1930s. Kuznets warned against using GDP as a measure of social welfare, advocating for a comprehensive understanding of economic activity that considers income distribution and quality of life.
Not in the pool (under ¢1).
Recent news mentions
Simon Kuznets is known for inventing GDP and was skeptical about its use in assessing overall welfare.
Inside Economics: GDP or not GDP? That is the last question for 2025
New Zealand· 2025-12-17
Simon Kuznets won the Nobel Prize in Economics in 1971 and is known for his famous phrase about types of countries.
Cristina, Milei y un índice que debería preocupar
Argentina· 2025-11-10
Simon Kuznets was a Nobel laureate who studied economic growth and humorously noted the unique economic conditions of Argentina.
Jutarnji list - Zemlja u kojoj se sve odvija na rubu nervnog sloma je pred najvažnijom godinom u novoj povijesti: 'Među Hrvatima ovdje samo je jedna stvar 100% sigurna!'
Croatia· 2025-11-08Simon Kuznets was a Nobel laureate who studied economic growth and humorously noted the unique economic conditions of Argentina.
Jutarnji list - Zemlja u kojoj se sve odvija na rubu nervnog sloma je pred najvažnijom godinom u novoj povijesti: 'Među Hrvatima ovdje samo je jedna stvar 100% sigurna!'Croatia· 2025-11-08Simon Kuznets formalised GDP in the thirties as a technical solution to a specific problem.
Beware of the Metric - Blogs
Pakistan· 2025-08-02
Simon Kuznets related economic development to income distribution.
El funcionalismo: cambio institucional
Venezuela· 2025-03-14
Simon Kuznets, another Nobel Prize-winning economist, emphasized that modern economic growth is the foundation for sustained increases in living standards.
Crescimento e Desenvolvimento: O caminho Cabo-Verdiano
Cabo Verde· 2025-03-07
Simon Kuznets is recognized as the 'father' of GDP, having introduced the indicator in 1934 at the request of the US Congress.
PIB-ul României s-a majorat cu peste 40% în ultimii cinci ani, dar nu se vede și în buzunarul românilor
Romania· 2025-03-06
