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Econometric Society 1930: How It Got Founded

Author

Listed:
  • Bjerkholt, Olav

    (Dept. of Economics, University of Oslo)

Abstract

The Econometric Society was founded at an "organization meeting" in December 1930. The invitations had been issued by Irving Fisher, Ragnar Frisch and, Charles F. Roos. In June the same year they had sent a form letter to a list of 31 scholars to solicit advice about establishing an international association "to help in gradually converting economics into a genuine and recognized science." The responses of these scholars from ten different countries are set out at some length in the paper. Rather than persevering in building a constituency of adherents on which a society could be funded the three initiators decided to rush ahead and sent out invitations to an organization meeting to found the Econometric Society at short notice. The paper discusses the reasons for the change of pace, indicating that Schumpeter had a decisive role, and gives an account of the deliberations of the organization meeting founding the Econometric Society.

Suggested Citation

  • Bjerkholt, Olav, 2014. "Econometric Society 1930: How It Got Founded," Memorandum 26/2014, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:2014_026
    as

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    File URL: http://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2014/memo-26-2014.pdf
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    References listed on IDEAS

    as
    1. Walter A. Friedman, 2009. "The Harvard Economic Service and the Problems of Forecasting," History of Political Economy, Duke University Press, vol. 41(1), pages 57-88, Spring.
    2. George Garvy, 1978. "Carl Snyder, Pioneer Economic Statistician and Monetarist," History of Political Economy, Duke University Press, vol. 10(3), pages 454-490, Fall.
    3. Samuelson, P. A., 1974. "Remembrances of Frisch," European Economic Review, Elsevier, vol. 5(1), pages 7-23, June.
    4. Leonard,Robert, 2010. "Von Neumann, Morgenstern, and the Creation of Game Theory," Cambridge Books, Cambridge University Press, number 9780521562669.
    5. Christ, Carl F, 1983. "The Founding of the Econometric Society and Econometrica," Econometrica, Econometric Society, vol. 51(1), pages 3-6, January.
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    Cited by:

    1. Chuliá, Helena & Guillén, Montserrat & Uribe, Jorge M., 2017. "Measuring uncertainty in the stock market," International Review of Economics & Finance, Elsevier, vol. 48(C), pages 18-33.

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    More about this item

    Keywords

    Econometric-Society;

    JEL classification:

    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School

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