Simon Kuznets

Economist Statistician Russian-American 1901 – 1985

Developed national accounting system and studied economic growth patterns.

382 quotes

"Economic history is the biography of civilizations."
History
"Structural change is the price of progress and the source of inequality."
Change
"We count what we value, but do we value what we count?"
Philosophy
"The data speaks, but only if we listen with open minds."
Wisdom
"Growth without equity is a house divided against itself."
Justice
"In the long run, economies are shaped by the choices of billions of people."
Power
"Time reveals what statistics cannot: the human cost of progress."
Time
"Economic development is the liberation of human potential."
Freedom
"The pattern in the chaos reveals the nature of the system."
Science
"To understand the present, we must understand the past with humility."
Knowledge
"The Kuznets curve is a meditation on the nature of human progress."
Philosophy
"Statistics are like photographs—they capture a moment, not the entire film."
Truth
"Growth is the opportunity to do better; we must choose to do so."
Hope
"In economic life, as in all life, the means shape the ends."
Wisdom
"The distribution of income is the distribution of opportunity."
Justice
"To measure is to understand; to understand is to act responsibly."
Knowledge
"Economic cycles are nature's way of teaching balance."
Change
"The numbers never lie, but we often lie about the numbers."
Truth
"The GDP growth rate is a measure of economic activity, not human welfare or societal progress."
Knowledge
"Statistics are the language through which we attempt to understand the complexity of human society."
Science
"Economic development without consideration for human dignity is merely the accumulation of material goods."
Wisdom
"The challenge of measuring national income is that it cannot capture the true quality of life."
Truth
"We must distinguish between growth and development; growth is quantitative, development is qualitative."
Education
"Data without context is merely numbers; data with understanding becomes knowledge."
Knowledge
"The study of economics is ultimately the study of human choice and human values."
Philosophy
"Innovation in measurement techniques reveals new truths about the world we inhabit."
Creativity
"Long-term economic trends require patience to observe and interpret correctly."
Patience
"The historian and the economist must work together to understand societal transformation."
History
"Prosperity is not merely the increase in goods, but the increase in human potential."
Success
"We cannot manage what we do not measure, yet we must remember that not everything important can be measured."
Wisdom