ECONOMETRICIAN’S VISIT
DIRECTOR OF U.S. RESEARCH ORGANISATION Mr William B. Simpson, executive director of the research organisation known as the Cowles Commission for Research in' Economics, University of Chicago, left Harewood yesterday by Skymaster after spending eight days in New Zealand.) He recently resigned from the posts of secretary at the international haedquarters of the Econometric Society at Chicago and co-editor of the quarterly journal “Econometrica.”
An econometrician, he said, formulated economic themes with*the use of mathematics and submitted them to statistical test. It was a relatively new branch of economic analysis, which was as yet in its infancy in every-day use by Government agencies and private economists. Mr Simpspn said that so far as he knew there were only about five members of the Econometric Society in New Zealand. The society has branches and members in 75 countries.
In a seven months’ world tour, which he is taking partly for health reasons, Mr Simpson is writing a manuscript on the designing of university curricula.
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Press, Volume LXXXIX, Issue 27018, 18 April 1953, Page 2
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165ECONOMETRICIAN’S VISIT Press, Volume LXXXIX, Issue 27018, 18 April 1953, Page 2
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