Routledge Dictionary of Economics, Second Edition
Mitchell, Wesley Clair, 1874–1948 (B3)
A leading US INSTITUTIONAL ECONOMIST who laid the foundations for modern studies of the BUSINESS CYCLE. Educated at Chicago University, professor at the Universities of California (1903–13) and Columbia (1913–19 and 1922–44) and director of the New School of Social Research (1919–31).
His work Business Cycles (1927) began a long and dedicated investigation into economic fluctuations. Together with Arthur BURNS he set up the NATIONAL BUREAU OF ECONOMIC RESEARCH’S method of measuring of business cycles.
References
Burns, A.F. (ed.) (1952) Wesley Clair Mitchell: the Economic Scientist, New York: National Bureau for Economic Research.
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