"In physical science and in industrial technique... we have emancipated ourselves... from the savage dependence upon catastrophes for progress... In science and in industry we are radicals—radicals relying on a tested method. But in matters of social organization we retain a large part of the conservatism characteristic of the savage mind..."
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Economists from the United StatesPeople from IllinoisUniversity of California, Berkeley facultyHarvard University staff
Original Language: English
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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 in its first decades.
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