Quote of the day
Every human being, of whatever origin, of whatever station, deserves respect. We must each respect others even as we respect ourselves. This, as the sages of many lands have taught us, is a golden rule in individual and group, as well as international, relations.
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)