Simon Smith Kuznets was a Russian-born American economist and statistician. He received the 1971 Nobel Memorial Prize in Economic Sciences "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." The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971, announced October 15, 1971. Simon Kuznets, “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”. Simon Kuznets: born 1901, Pinsk, Russian Empire (now Belarus). Wiki link Data: the Nobel Foundation (CC0).