Simon Patten, Date of Birth, Place of Birth, Date of Death

Simon Patten

American economist

Date of Birth: 01-May-1852

Place of Birth: Sandwich, Illinois, United States

Date of Death: 24-Jul-1922

Profession: economist, sociologist

Nationality: United States

Zodiac Sign: Taurus

Simon Nelson Patten (May 1, 1852 – July 24, 1922) was an economist and the chair of the Wharton School of Business at the University of Pennsylvania.
Patten was one of the first economists to posit a shift from an 'economics of scarcity' to an 'economics of abundance'; that is, he believed that soon there would be enough wealth to satisfy people's basic needs and that the economy would shift from an emphasis on production to consumption.