occupying buildings belonging to Peterhouse.
Following the decision to establish a modern business school within the University of London in the mid-1960s, the idea was discussed of setting up a "Joint School of Administration, Economics, and Technology" between the LSE and Imperial College. However, this avenue was not pursued and instead, the London Business School was created as a college of the university.
In 1966, the appointment of Sir Walter Adams as director sparked opposition from the student union and student protests. Adams had previously been principal of the University College of Rhodesia and Nyasaland, and the students objected to his failure to oppose Rhodesia's Unilateral Declaration of Independence and cooperation with the white minority government. This broadened into wider concerns about links between the LSE and its governors and investments in Rhodesia and South Africa and concerns over LSE's response to student protests. These led to the closure of the school for 25 days in 1969 after a student attempt to dismantle the school gates resulted in the arrest of over 30 students. Injunctions were taken out against 13 students (nine from LSE), with three students ultimately being suspended, two foreign students being deported, and two staff members seen as supporting the protests being fired.
In the 1970s, four Nobel Memorial Prizes in Economic Sciences were awarded to economists associated with the LSE: John Hicks (lecturer 1926–36) in 1972, Friedrich Hayek (lecturer 1931–50) in 1974, James Meade (lecturer 1947–1957) in 1977 and Arthur Lewis (BSc Econ 1937, and the LSE's first Black academic 1938–44) in 1979.
=== 21st century ===
In the early 21st century, the LSE had a wide impact on British politics. The Guardian described such influence in 2005 when it stated:
Once again the political clout of the school, which seems to be closely wired into parliament, Whitehall, and the Bank of England, is being felt by ministers. ... The strength of LSE is that it is close to the political process: Mervyn …
