On this day in 1927, the Brookings Institution was formed in Washington, DC. It is one of the nation’s capitol’s oldest think tanks and arguably the most influential in the world.
Businessman and philanthropist Robert Brookings had originally founded three organizations, the Institute for Government Research, the Institute of Economics, and the Robert Brookings Graduate School affiliated with Washington University in St. Louis. He merged the three in 1927 to form the Brookings Institution.
Since then, the Institution has been involved in every almost policy issue facing the U.S. today. It has been credited with contributing to the creation of the United Nations, the Marshall Plan, and the Congressional Budget Office. The University of Pennsylvania’s 2012 Global Go To Think Tanks Report, ranks Brookings as the most influential think tank in the world.