Concept

Liberty Fund

Summary
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 The operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".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 80milliondonationfromGoodrichswife,Enid,increasingitsassetstoover80 million donation from Goodrich's wife, Enid, increasing its assets to over 300 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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