Simon Kuznets


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Noun1.Simon Kuznets - United States economist (born in Russia) who developed a method for using a country's gross national product to estimate its economic growth (1901-1985)
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Simon Kuznets believed that economic growth occurred when the growth rates of all of these factors was positive.
Lacey, a retired US Army infantry officer, defense analyst, and writer who teaches strategy, war, and policy at the Marine War College, examines how economics drove Allied strategic decision making in World War II, especially how economists Simon Kuznets, Robert Nathan, and Stacy May determined when the Normandy invasion would occur.
CAIRO: In 1956, a report by Simon Kuznets described the unique context of pre-industrial systems like Egypt's evolving economy alongside more developed ones in Europe and North America that had already undergone the industrial transition.
Instead of investigating how Jews have prospered in American society, as the economist Simon Kuznets did in an article that focused on the potential benefits of economic marginality, most historians have dismissed the experience of Jews as irrelevant.
Simon Kuznets joined the Commerce Department to construct such estimates, and after 2 years of work, the Department published the requested data.
For example, he refers to Arthur Lewis who argued that inequality was good for development; Simon Kuznets who claimed that initial stages of development led initially to increasing inequality that would later be reversed; and Ronald H Coase who argued that in order to achieve economic efficiency, well defined property-rights were essential.
It was no process of supply and demand that brought 50,000 aircraft a year into production, but the fast and incisive calculations of Simon Kuznets and Robert Nathan and their ability to find resources by, for instance, extending work hours, adding shifts and limiting overtime pay.
Rather, my reluctance stems at bottom from a research philosophy forged at the hands of my mentor, Simon Kuznets, the third Nobel laureate in economics.
And many of the points it makes are absolutely correct, right down to the fact that Simon Kuznets would approve of this program (although they do not mention that Richard Stone, a later Nobelist, was a champion of chain weighting forty years ago).
Many studies, starting in 1967 with an analysis by Nobel Prize winner and economist Simon Kuznets, agree that there is no negative statistical relationship between economic growth and population expansion.
Despite this book's being based on the Simon Kuznets Lectures at Yale University which were directed toward a general audience, it is not an easy read, and an extensive familiarity with the works (many of which are Sen's) listed in the 45 pages of references would make the task much less difficult.
In the 1940s, another macroeconomist, Simon Kuznets, estimated long-run consumption functions which indicated that the marginal propensity to consume was rather constant (using time series data across countries).