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:
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
—Ralph Waldo Emerson (1803–1882)
“They are a sort of post-house,where the Fates
Change horses, making history change its tune,
Then spur away o’er empires and o’er states,
Leaving at last not much besides chronology,
Excepting the post-obits of theology.”
—George Gordon Noel Byron (1788–1824)
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,—when did burdock and plantain sprout first?”
—Henry David Thoreau (1817–1862)