Wesley Clair Mitchell (August 5 1874 – October 29 1948) 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.Mitchell was born in Rushville Illinois the second child and oldest son of a Civil War army doctor turned farmer. In a family with seven children and a disabled father with an appetite for business ventures verging on rashness a lot of responsibility fell on the oldest son.
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