Description: (French Physician and Economist Who Made Detailed Studies of Cycles in Business and Trade)
Clément Juglar was a prominent French medical doctor and statistician acclaimed for his groundbreaking contributions to the field of economics. He is renowned for his research on economic cycles, specifically the theory of business cycles. Juglar's influential work in identifying recurring patterns of economic expansion and contraction has had a profound impact on the discipline of economics. His writings and studies have significantly advanced our comprehension of the cyclicality of economic growth and downturns, leaving a lasting imprint on economic theory.