What is the Brookings Institution's Global Economy and Development Program? | Brookings institute

The Brookings Institution was established by St. Louis tycoon and
philanthropist, Robert Somers Brookings (1850-1932). At the age of 21,
Brookings had become a partner in Cupples and Marston (a
manufacturer of woodenware and cordage), which, ten years later,
under his leadership, expanded and flourished. In 1896, at the age of
46, he retired to devote his duties towards higher education, and
became President of Washington University’s Board of Trustees,
which, through the next twenty years, turned into a major university.
He was one of the original Trustees of the Carnegie Endowment for
International Peace, and a consultant to the Commission on Economy
and Efficiency during the Taft Administration. In 1917, he was
appointed to President Wilson’s War Industries Board (which had the
responsibility of receiving and distributing the supplies needed by the
military), later becoming Chairman of its Price Fixing Committee
(responsible for negotiating prices for all goods purchased by the Allied governments), which gave him a key role in the Wilson
Administration.

Brookings Institution History

A Century of Ideas

THE FUTURE OF PLACE-BASED ECONOMIC POLICY

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