Distinctions must be kept in mind between quantity and qual… - Simon Kuznets

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Distinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long term. Goals for more growth should specify more growth of what and for what.

Simon Kuznets

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About Simon Kuznets

Simon Smith Kuznets (April 30, 1901 – July 8, 1985) was a Belarusian-American economist, statistician, demographer, and economic historian who won the 1971 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel "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."

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Native Name: Simon Smith Kuznets

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Originators like Simon Kuznets:

John Komlos Theodore Schultz Thomas Piketty Thomas Robert Malthus Jan Tinbergen

Additional quotes by Simon Kuznets

[The principal characteristic of this economic epoch is] a sustained increase in per capita or per worker product, most often accompanied by an increase in population and usually sweeping structural changes.

The welfare of a nation can scarcely be inferred from a measurement of national income.

[An] epochal innovation [consisting of the] spreading application of science to processes of production and social organization.

Distinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long term. Goal… - Simon Kuznets

About Simon Kuznets

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Additional quotes by Simon Kuznets