We do not have to suppose; we know that these speculations will be met by a superior smile of incredulity. The funny thing about it is that the groups are actually beginning to form. As yet they are scattered and amorphous; here a body of engineers, there a body of economic planners. Watch them. They will bear watching. If occasion arises, join them. They are part of what H. G. Wells has called the Open Conspiracy.
Why should Russians have all the fun of remaking a world?
--STUART CHASE, A New Deal
IN JULY 1933 President Franklin D. Roosevelt appointed the first and only national planning agency in U.S. history. Over the next ten years, Roosevelt's planners used their individual experiences, professional expertise, and institutional connections to engage in one of the most revealing episodes in the history of American public-policy making. In a short historical span of one decade, FDR's planners created a bank of public-works projects that could be drawn upon as a countercyclical tool in response to downturns in the business cycle. This early economic policy was expanded in the debate over the adoption of compensatory spending policy in the late 1930s that is usually credited to Keynesian economists. The New Deal planners established regional planning boards in New England and the Pacific Northwest, founded state planning boards in a majority of the states, and engaged in some of the most extensive land-use planning experiments in the nation's history. By the late . . .