Portrait of Wesley Clair Mitchell

Birthday profile

Wesley Clair Mitchell

Wesley Clair Mitchell, American economist and academic (died 1948)

Born
August 5, 1874
Died
October 29, 1948
Zodiac sign
Leo
Birth year
1874

About Wesley Clair Mitchell

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 referred to as Thorstein Veblen's "star student." Paul Samuelson named Mitchell (along with Harry Gunnison Brown, Allyn Abbott Young, Henry Ludwell Moore, Frank Knight, Jacob Viner, and Henry Schultz) as one of the several "American saints in economics" born after 1860. == Biography == 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. Despite these challenges, Wesley Clair went to study at the University of Chicago and was awarded a PhD in 1899. Mitchell's career as a researcher and teacher took the following course: instructor in economics at Chicago (1899–1903), assistant professor (1903–08) and professor (1909–12) of economics at the University of California, Berkeley, visiting lecturer at Harvard University (1908–09), lecturer (1913) and full professor (1914–44) at Columbia University. In 1916 he was elected as a Fellow of the American Statistical Association. He was elected to both the American Academy of Arts and Sciences and the American Philosophical Society in 1931. He was one of the founders of the New School for Social Research, where he taught for a time between 1919 and 1922, and of the National Bureau of Economic Research (1920), where he was director of research until 1945. There was an interruption for government service during the First World War, when Mitchell served as chief of price statistics in the planning and statistics division of the War Industries Board, working with Isador Lubin, Walter Stewart and Leo Wolman.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Wesley Clair Mitchell timeline

  1. 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.
  2. Despite these challenges, Wesley Clair went to study at the University of Chicago and was awarded a PhD in 1899.

The world when Wesley Clair Mitchell was born

Wesley Clair Mitchell was born in 1874. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Headlines and milestones

  • Top headlineFirst zoo in US opens in Philadelphia
  • Technology milestoneBarbed wire patented
  • Notable inventionBarbed wire fencing
  • World population~1.54B

United States snapshot

  • U.S. leaderUlysses S. Grant
  • U.S. population41.8M

1874 versus 2026

These figures put everyday life in Wesley Clair Mitchell's birth year beside the site's latest United States snapshot.

Measure18742026
Population41.8M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress, Wikidata. See our editorial policy for sourcing, corrections, and review standards.

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