The Nobel Prize in Economic Sciences was founded in 1968. Belarus can be proud of one of the first winners in this category Simon Smith Kuznets who was awarded by the Nobel Committee in 1971.

Simon Smith Kuznets was born in Pinsk (present-day Brest region, Belarus) in 1901. Simon was a middle son in the family.

His father Abram Kuznets, who was a fur trader, left the family in 1907 and went to the USA to search better job. He wanted to invite the family but the First World War broke his plans.