The growth of scientific planning in the west

Abstract

Scientific planning has its origin essentially in econometric, which is today understood to mean the combined application of mathematical economics and mathematical statistics to statistical data of an economic kind. There is at present a general tendency on the part of economics to move gradually in the direction of sociology, in other words, for economics to profit more and more from the information provided by the more recent and more difficult branches of social studies. The early history of the science of planning in the West is consequently ta be found principally in the history of econometric. Therefore, this short study of the early history of planning by first of all giving a brief historical outline of the three composite parts- mathematical economics, statistical observation and mathematical statistics.