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Joseph-Clément Juggler Biography

Joseph-Clément Juglar

(Paris, 1819- id ., 1905).French economist and physician.He was a forerunner of the theories that explain business cycles and movements of expansion and contraction of economic activity.It established the existence of cycles of seven to eight years (Juglar cycles) that periodically affect the economy and whose movement can be statistically predicted and observed.He published The commercial crises and their periodic reappearance in France, England and the United States (1862).

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