History of economic thought
In 1895 the London School of Economics (LSE) was founded by Fabian Society members Sidney Webb (1859–1947), Beatrice Webb (1858–1943), and George Bernard Shaw (1856–1950), joining the University of London in 1900.
Arthur Lyon Bowley
After leaving Cambridge Bowley taught mathematics at St John's School in Leatherhead from 1893 to 1899. Meanwhile, he was publishing in economic statistics; his first article for the journal of the Royal Statistical Society) appeared in 1895. In that year the London School of Economics opened. Bowley was appointed as a part-time lecturer and he would be connected with the School until he retired in 1936. He can be considered one of the School's intellectual fathers. However, he continued to teach elsewhere; for more than a decade he taught at University College, Reading (now the University of Reading). He was the Newmarch lecturer at University College, London (1897–98 and 1927–28). At the LSE he became Reader in 1908, and Professor in 1915. In 1919, he was appointed to a newly established Chair of Statistics, probably the first of its kind in Britain. In Bowley's time, however, the LSE statistics group was very small: E. C. Rhodes arrived in 1924 and R. G. D. Allen in 1928.