The Folger Institute has served as the locus of scholarly research at the Folger since 1970. The Folger offers long- and short-term fellowships for advanced researchers across all disciplines, and hosts the two-week Amherst-Folger Undergraduate Fellowship program every January. The Institute holds a variety of colloquia, courses, workshops, and conferences for faculty, graduate students, and secondary educators. Scholarly programs run by the Folger Institute include the Folger Institute Consortium, a group that shares research and other resources among over 40 universities, the Center for Shakespeare Studies, which seeks depth and diversity in Shakespeare scholarship, and the Center for the History of British Political Thought, which promotes continued scholarship of three hundred years of British politics .  
M isconceptions over Macaulay and the Friedmans proved sufficient to cause many anti-Stratfordians to shy away from the Baconian camp. The Strats (for the time being) were breathing a sigh of relief. However, the “Shakespeare Problem” refused to go away.
Quite conveniently, in 1920, an English school teacher by the name of Thomas Looney extrapolated a third possible Shakespearean author in his book Shakespeare Identified . Looney correlated places and events mentioned in the Shakespeare works with the travels and circumstances in the life of Edward De Vere, 17th Earl of Oxford. Furthermore, De Vere made a somewhat compelling match with many of the criteria essential for the Shakespeare authorship. Looney’s book became the ideal ploy for misdirecting attention away from the Baconian trail.