The story
Founded by Harold Hotelling, Henry Schultz, Joseph Schumpeter, Karl Menger, Norbert Wiener, Ragnar Frisch, Walter A. Shewhart and Øystein Ore on Dec 29, 1930, in Cleveland.1
The Econometric Society was founded on December 29, 1930, at the Statler Hotel in Cleveland, Ohio. This meeting location was chosen because at the time there was also a meeting by the American Economic Association, the American Statistical Association, and the American Association for the Advancement of Science in the same location.
The sixteen-person founding meeting was chaired by Joseph Schumpeter. The sixteen founding members were Ragnar Frisch, Charles F. Roos, Joseph A. Schumpeter, Harold Hotelling, Henry Schultz, Karl Menger, Edwin B. Wilson, Frederick C. Mills, William F. Ogburn, J. Harvey Rogers, Malcolm C. Rorty, Carl Snyder, Walter A. Shewhart, Øystein Ore, Ingvar Wedervang and Norbert Wiener. Irving Fisher was elected first president of the society at the founding meeting.
The first annual meeting of the Econometric Society was in September 1931 in Lausanne, Switzerland. The Econometric Society was founded as a worldwide organization unlike other societies at the time.
From Wikipedia’s article on Econometric Society, shared under CC BY-SA 4.0.3