History
The Institute was founded in 1930 by Louis Bamberger and Caroline Bamberger Fuld with the proceeds from their department store in Newark, New Jersey. The founding of the institute was fraught with brushes against near-disaster; the Bamberger siblings pulled their money out of the market just before the Crash of 1929, and their original intent was to express their gratitude to the state of New Jersey through the founding of a medical school. It was the intervention of their friend Dr. Abraham Flexner, the prominent education theorist, that convinced them to put their money in the service of more abstract research. Princeton University "Noted Figures at IAS"
Read more about this topic: Institute For Advanced Study
Famous quotes containing the word history:
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (18891951)
“I cannot be much pleased without an appearance of truth; at least of possibilityI wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.”
—Frances Burney (17521840)
“Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.”
—Mao Zedong (18931976)