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And its efforts have been directed on development of other approach, whichIt was represented to it more corresponding to spirit of an empirical science, and the ideas
It scooped, mainly, at Veblena, Dewey and scientists of the German historical
Schools. To its efforts more than to something to other it is obliged by the formation and
1920th years there was a Colombian university where Mitchell taught with 1914
Year and which in 1930th years hardly influenced economic policy President Roosevelt.
Mitchell's researches have been almost exclusively concentrated in area, Lying on border between an economic theory and statistics. After two
Published in 1903 and 1908, he has addressed to researches of fluctuations Activity, and in 1913 has published fundamental work about Business
Cycles Wesley Clair Mitchell, Calif.: University of
California Press, 1913) - it. It., Business Cycles (Berkeley which has fast found the status
Classical work, also has affected development in this area in the following of 20 years
More than any other work. This theme remained main for Mitchell, and to it
He has devoted the large part of all subsequent works. Its subsequent contribution
To this area it is presented both its own publications, and works Its pupils and employees whom it directed and supported, and Activity of the research organisation created by it. Placed in New York National office of economic researches which it has based After the First / world war/, is, apparently, the best among establishments
Such. Mitchell not only in a current of 25 years supervised over all activity
This organisation, but also personally directed a series of special researches of the business
Cycle which should develop and specify made it before. The first volume
This big work has appeared in a series of publications of office in 1927 under the name
Business Cycles: The Problem and its Setting Business
Cycles: The Problem, 1927) - it. It., Wesley Clair Mitchell and its Setting (New York: National Bureau of Economic Research. The second volume, under name Measuring Business Cycles Wesley Clair Mitchell, Arthur F. Burns, Measuring Business Cycles (New York: National Bureau of Economic Research and 1946) - it. It., Written to the co-authorship with Dr. A.F.Burns who later has replaced it on
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