Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971

Simon Kuznets

Photo from the Nobel Foundation archive.

Prize share: 1/1

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971 was awarded to 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"

To cite this section
MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971. NobelPrize.org. Nobel Prize Outreach 2025. Sun. 7 Dec 2025. <https://www.nobelprize.org/prizes/economic-sciences/1971/summary/>

Go to the top of the page

Streams during Nobel Week

Coming up

Watch the 2025 Nobel Prize lectures, Nobel Week Dialogue, the prize award ceremonies in Oslo and Stockholm and Nobel Peace Prize Forum here at nobelprize.org.

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.