1875-1967Roger W. Babson, Funder of the Babson Boulders in Dogtown (1875-1967)People and Communities, Notable People

Roger W. Babson was an entrepreneur, economist, and founder of Babson College. He was born to Nathaniel and Ellen Babson as the tenth generation of Babsons in Gloucester. He attended the Massachusetts Institute of Technology and worked in investment firms. He is known for his investment theories and the “Ten Commandments of Investing.” Here in Gloucester, he is best known for funding the inscriptions of the Dogtown boulders, where he paid unemployed stone carvers during the Great Depression to carve inspired sayings on boulders in Dogtown Commons.