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.
History of the London School of Economics
The School expanded rapidly and was moved along with its newly established library, the British Library of Political and Economic Science to No. 10 Adelphi Terrace in September 1896, continuing to expand through the next couple of years thanks to Shaw. In 1902, The Coefficients dining club was regularly meeting in the Library, and they affected the development of LSE along with the Fabians and the Suffragettes movement (who also first met at LSE). In 1900, the School became officially recognised as a Faculty of Economics within the much larger University of London in Bloomsbury, and began enrolling students for bachelor's degrees and doctorates in the same year. At the same time, the LSE began expanding into other areas of social sciences, including, initially, geography (in 1902) and philosophy (in 1903), pioneering the study of international relations, as well as teaching history, law, psychology and sociology. By 1902, it was apparent the School had and would continue to outgrow its Adelphi Terrace location, and moved to its present campus in Clare Market off the Aldwych and aside Kingsway - not far from Whitehall, in 1902. The Old Building, which remains a significant office and classroom building, was opened on Houghton Street in 1922.