Quote of the day
If thou desire the love of God and man, be humble, for the proud heart, as it loves none but itself, is beloved of none but itself. Humility enforces where neither virtue, nor strength, nor reason can prevail.
Wesley Clair Mitchell
Born: August 5, 1874
Died: October 29, 1948 (aged 74)
Bio: Wesley Clair Mitchell was an American economist known for his empirical work on business cycles and for guiding the National Bureau of Economic Research in its first decades.
Known for:
- Business cycles, the problem and its setting (1913)
- The backward art of spending money (1937)
- Business Cycles and Their Causes (1941)