Rand
From The Oracle Machine
Is RAND an acronym?
The RAND name originated as a contraction of Research and Development. Today RAND conducts research on more than 1,000 topics in a typical year, but we are not involved in technology development.
When was RAND created? Some of your material says you started in 1946; some says 1948.
RAND began in 1946 as a research project (Project Rand) backed by a single client, the U.S. Army Air Forces. The project was developed at Douglas Aircraft in Santa Monica, California. Two years later, with Ford Foundation support, RAND became an independent, nonprofit research institution committed to exploring the most complex and consequential problems facing our society.