ABSTRACT
Simon Kuznets is best known for helping transform economics into an empirical science. He did this by developing a system of national income accounting that countries now use to measure economic activity. He also did this by measuring income distribution and examining how it changed in the US during the twentieth century. But the work of Kuznets went beyond measuring economic phenomena. He also sought to determine the causes of economic growth and changing income inequality, studied the cycles of growth that economies go through, and sought to understand the consequences of economic growth on income distribution.
