Success in war and preservation of a country's social framework as a purpose at least equal in importance to welfare of individuals. Simon Kuznets countryequalframework Change image and share on social
War and peace type products... cannot be added into a national product total until the differences in the valuation due to differences in the institutional mechanisms that determine their respective market prices are corrected for. Simon Kuznets addcorrectdetermine share on social
The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP. Simon Kuznets definegdpincome Change image and share on social
With the rather stable ratio of labor force to total population, a high rate of increase in per capita product means a high rate of increase in product per worker; and, with average hours of work declining, it means still higher growth rates in product per man-hour. Simon Kuznets averagecapitadecline share on social
