History of the London School of Economics
The history of the London School of Economics dates from 1895, when the School was founded by Fabian Society members Sidney and Beatrice Webb, Graham Wallas, and George Bernard Shaw, with funding provided by private philanthropy, including a bequest of £20,000 from Henry Hunt Hutchinson to the Fabian Society.
British Library of Political and Economic Science
The Library was founded in 1896, one year after the LSE. It was founded in order to "provide, for the serious student of administrative and constitutional problems, what has hitherto been lacking in this country, namely a collection of the materials for economic and political research". A history of its development and collections has recently been made available on its institutional repository, LSE Research Online.