The article reviews the early history of the Cowles Commission, its close and intertwined relations with the Econometric Society (ES), and the influence and guidance of Ragnar Frisch. It provides much detail on the three rounds of choosing a research director, in 1937-38, in 1939 and at the end...

Ragnar Frisch was a Norwegian economist and statistician. He is well known for his effort in founding in 1930 the Econometric Society, the first international association in economics. In Europe it was followed by the European Economic Association in the mid-1980s. Ragnar Frisch was awarded the...