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

— Simon Kuznets

Simon Kuznets in report to the Congress, 1934; Cited in: Gernot Kohler, ‎Emilio José Chaves (2003) Globalization: Critical Perspectives. p. 336

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Simon Kuznets11

economist 1901–1985

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

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