Simon Patten
Simon N. Patten | |
|---|---|
| Born | May 1, 1852 |
| Died | July 24, 1922 (aged 70) |
| Academic background | |
| Alma mater | University of Halle |
| Doctoral advisor | Johannes Conrad |
| Academic work | |
| Institutions | University of Pennsylvania |
| Doctoral students | Henry Rogers Seager, Scott Nearing |
Simon Nelson Patten (May 1, 1852 – July 24, 1922) was an American 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.