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"
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Famous quotes containing the word history:
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
“Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
—Albert Camus (1913–1960)