History
Some of the founding academics migrated from the University of Oxford, disillusioned or wary of aspects of the late-1960s ethos. On 27 May 1967, The Times published a letter from Dr J. W. Paulley, which said: "Is it now time to examine the possibility of creating at least one university in this country on the pattern of great private foundations in the USA". Three London conferences followed which explored this idea.
Subsequently the university was incorporated as the University College of Buckingham in 1976, and received its Royal Charter from the Queen in 1983.
Its development was influenced by the libertarian Institute of Economic Affairs, in particular, Harry Ferns and Ralph Harris, heads of the Institute. In keeping with its adherence to a libertarian philosophy, the university's foundation-stone was laid by Margaret Thatcher, who was also to be the university's Chancellor (nominal and ceremonial head) between 1993 and 1998. The University's first three Vice-Chancellors were Lord Beloff (1913–1999), former Gladstone Professor of Politics at the University of Oxford; Sir Alan Peacock, the economist, founder of the Economics department at the University of York, and Fellow of the British Academy; and Sir Richard Luce, now Lord Luce, the former Minister for the Arts.
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