Quote of the day
A firm, for instance, that does business in many countries of the world is driven to spend an enormous amount of time, labour, and money in providing for translation services.
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)







