Liberty Fund, Inc. is a nonprofit foundation headquartered in Carmel, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources. The operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".
Liberty Fund was founded by Pierre F. Goodrich in 1960. In 1997 it received an 80milliondonationfromGoodrich′swife,Enid,increasingitsassetstoover300 million.
In November 2015, it was announced that the Liberty Fund was building a $22 million headquarters in Carmel, Indiana.
Liberty Fund has been cited by historian Donald T. Critchlow as one of the endowed conservative foundations which laid the way for the election of U.S. President Ronald Reagan in 1980.
The foundation has published several books covering history, politics, philosophy, law, education, and economics. These include:
Liberty Fund's Natural Law and Enlightenment Series
Alexis de Tocqueville's Democracy in America (Historical-Critical Edition)
The Works and Correspondence of Adam Smith (Glasgow Edition)
David Ricardo, On the Principles of Political Economy and Taxation, 2010.
The Works and Correspondence of David Ricardo (Edited by Piero Sraffa and Maurice Dobb, 2005)
The Library of Economics and Liberty (EconLib) – publishes the Concise Encyclopedia of Economics (CEE). Articles are written by economists from different schools of thought, and include four Nobel laureates in economics as authors in the 2nd edition (2008). It also includes short biographies of noted economists and a comprehensive index. The original version of the CEE was first published in 1993 as the Fortune Encyclopedia of Economics with economist David R. Henderson as the editor. Notable contributors to the first edition included Nobel Prize laureates Gary Becker, Paul Krugman, Thomas Schelling, George Stigler, and James Tobin.
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Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism, and his writing is generally regarded as representing the economic expression of 19th-century liberalism up until the Great Depression and rise of Keynesianism in the 20th century. Historically, economic liberalism arose in response to feudalism and mercantilism.
Right-libertarianism, also known as libertarian capitalism or right-wing libertarianism, is a libertarian political philosophy that supports capitalist property rights and defends market distribution of natural resources and private property. The term right-libertarianism is used to distinguish this class of views on the nature of property and capital from left-libertarianism, a type of libertarianism that combines self-ownership with an egalitarian approach to natural resources.
Paul Robin Krugman ('krʊgmən ; born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times. In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.