ABSTRACT
In foreign policy, as in economics, the long-run consists of the accumulation of what we do in the short-run. The great forces which shape the long-run course of diplomatic events are embedded in particular decisions, addressed to immediate, short-run circumstances, just as, in economics, long-run factors affecting technology and the level of industrial capacity are embedded in day-today investment decisions. The social science prejudice was reinforced by wartime experience in the planning of air operations in the European theater. As in active warfare, it is important in foreign policy to have lucid long-run objectives defined with sufficient precision to serve as touch-stones for operational decisions. In December 1961 there was understandable concern in the Department and in Berlin about the viability of West Berlin in the face of the Wall. In a wider field the Council has sought to contribute to the tasks of economic development in Latin America, Africa, the Middle East and Asia.
