Friday, October 7, 2016

October 7, 2016 Friday

Bedtime Story


Abraham Flexner getting cozy with Carnegie and the Rockefeller Foundation and Dreaming Big


Once done with America, Flexner headed for Europe and conducted a similar study of medical education in Europe.

You might think that this is the end of the Flexner story.

You could not be more wrong my dear Sir.

Flexner’s best was yet to come.

By now he had joined the company of the powerful and wealthy.

By 1912 at the age of 46 he had joined both the Carnegie Foundation and the Rockefeller Foundation and had the access to men with very deep pockets.

Andrew Carnegie as you may know was an industrial magnet who is known as one of the richest Americans ever.

In the article that he wrote way back in 1889 “The Gospel of Wealth” he strongly advocated philanthropy, i.e. giving away wealth by the newly self-made rich for the betterment of the society.

During his last 18 years he spent giving away almost 90% of his fortune to foundations and charities that would eventually find their way to education in the form of university grants.   

Similarly the Rockefeller family is considered one of the most powerful families in the history of the United States.

They had their hands into everything one can think of, including industries, politics and banking.

The Standard Oil Co. Inc. which was one of the world’s first and largest multinational company was founded by John D. Rockefeller.

The Chase Manhattan Bank was largely controlled by the Rockefeller family.

So wealthy and powerful were the Rockefeller family that it is almost impossible for an average person to contemplate the scale of their wealth and expanse of their power and patronage.

My understanding is that it would take a Rothschild to understand a Rockefeller.   

So Abraham Flexner was now with the exceptionally big league and so his reputation had firm backing of powerful foundations of iconic families.

Abraham Flexner started to dream huge.

His dream became to set up an institute where knowledge would be pursued for its own sake.

There would not be any courses, programs or lectures or even experimental laboratories.

Every mathematician or a theoretical scientist would be left to himself to think, to dream and publish if he wishes to.

But who would pay for building such a dreamy surreal kind of academic house?

Who would pay for the salaries of such useless non-productive thinkers?

What about their housing and what about their meals that too in the 1920s and 1930s immediately after the misery brought about by the World War I compounded by America’s Great Depression. 

Stay tuned to the voice of an average storytelling chimpanzee or login at http://panarrans.blogspot.in/

Good night mon ami and my fellow cousin ape.

Another great educator and teacher that I am aware of is Professor Subhashish in Bangalore, India.

While I narrate stories, he actually does and teaches real mathematics and physics.

He started the participation of Indian students at the International Physics Olympiad.

Do visit him here:


All his books can be downloaded for free through this link.


For entertainment may I suggest Kids Songs channel.




Andrew Carnegie was firm on that large fortune should not be bequeathed to next generation as it would only end in them squandering it 


His essay "The Gospel of Wealth" ushered in a wave of philanthropy from other wealthy American families 



                 Real estate is exactly what my family invested in



John Rockefeller is without question the richest American that has ever been so far in the history of the United States


John Rockefeller's philanthropy was at par with that of Andrew Carnegie, becoming a great benefactor medical science  


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