Economic Planning Studies: A Collection of Essays
It is probably true, as the editor of these essays and studies by Ragnar Frisch points out, that the majority of economists are not well aware of the contributions made to their discipline by Frisch. This certainly does not apply, however, to econometricians. In fact, Frisch was one of the founding fathers of the Econometric Society and, for the first decade of its existence, its recognized leader in Europe. The annual European meetings were inspired by his enthusiasm, his unprecedented didactic talents and his amazingly diversified contributions. It is also clear that those members of the Swedish Academy of Sciences who selected candidates for the Nobel Memorial Prize in Economic Science, were fully aware of Ragnar Frisch's pathbreaking work when they decided to award him that famous Prize. While much of Frisch's earlier work has been published, in his later years of activity he harqly took the time to shape the results of his work in an optimal way for wider circulation. Although an impressively lucid writer, he evidently gave priority to solu tions of some of the planning problems he was involved in rather than to formulating them in the characteristically crystal-clear and well-structured expositions of earlier years. I very much welcome, therefore, Dr Long's initiative to make available to a wider public within the profession some of the few texts Frisch himself produced, probably under pressure from his immediate friends and col leagues.
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Cooperation between Politicians and Econometricians
Preface to the Oslo Channel Model
An Implementation System for Optimal National Eco
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able actual alternatives analysis applied approach aspects assumed authorities basis bounds capacity centre choice coefficients completely concept connection considered constant core countries course decision defined depends determined direction discussed economic effect equations example exists experts expressed figures flows formulation Frisch give given growth important included income increase indicate input instance Institute interview introduce investment kind linear magnitudes material mathematical means measure method necessary objects observations obtained optimal optimum Oslo particular perhaps person planning political possible practical precisely preference function present principle problem production programming question range reasons regarding region relations sectors selection sense simply solution sort specific structure Table tion variables viewpoint