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Liberty Fund

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American private educational foundation
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Liberty Fund
Logo featuring theSumerian word "Ama-gi", meaning "freedom"[1]
Founded1960; 65 years ago (1960)
FounderPierre F. Goodrich
PurposeEducational
Location
  • 11301 N. Meridian Street, Carmel, IN 46032
MethodPublishing, conferences
Websitelibertyfund.org

Liberty Fund, Inc. is an American nonprofit foundation[2] headquartered inCarmel, Indiana, that promotes thelibertarian 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 The operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".[3][4][5][2]

History

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Liberty Fund was founded by entrepreneurPierre F. Goodrich in 1960. Goodrich, "one of the richest men in Indiana", was involved with coal mines, corn production, telecommunications, and securities.[6] Goodrich was a member of the neoliberal or classically liberalMont Pelerin Society, an international organization of academics, intellectuals, and business leaders who advocated free market economic policies. Goodrich was also an acolyte ofAustrian School economistLudwig von Mises.[7] HistorianDonald T. Critchlow notes that Liberty Fund was one of the endowedconservative foundations that laid the way for the election of U.S. PresidentRonald Reagan in 1980.[8]

In 1997, the fund received an $80 million donation from Goodrich's wife, Enid, increasing its assets to over $300 million.[5][9] In November 2015, the fund announced the construction of a $22 million headquarters inCarmel, Indiana.[6][10]

Projects

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Part ofa series on
Conservatism
in the United States
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Congressional caucuses
Economics
Gun rights
Identity politics
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Youth/student groups
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The foundation has published several books covering history, politics, philosophy, law, education, and economics. These include:

Conference program

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Since its inception, Liberty Fund has hosted more than 6,000 small, Socratic conferences, holding these conferences primarily in North America, Europe, and Latin America. It has also held a small number of conferences in other regions of the world, including Asia, Australia, and North Africa. Conferences are organized primarily by scholars who work with Liberty Fund staff to establish a theme and select readings that explore certain aspects of liberty. Conference subject areas have included economics, history, philosophy, religion, literature, law, and, most recently, genomics and artificial intelligence.

Individual conferences cover a broad range of topics and themes, including political theory and history, economics, literature, fine arts, science and technology, and law. Authors and thinkers discussed includeWilliam Shakespeare,Miguel de Cervantes,Jane Austen,Mary Shelley,Mary Wollstonecraft,Fredrick Douglass, and economistsFriedrich Hayek,Milton Friedman, andJames Buchanan. Past conference titles include "Freedom and Rebellion inDostoevsky'sThe Brothers Karamazov", "Wisdom, Knowledge and the Good Life", "Hobbes, Liberty, and the Rule of Law", "Liberty and Power in the Mexican Revolution", and "Civil Society in the Plague Year".

Major contributions to specific intellectual disciplines have been a series of conferences led by economists James Buchanan,Gordon Tullock, andGeoffrey Brennan onPublic Choice Theory. ProfessorHenry Manne spearheaded conferences from the late 1970s to the early 2000s that made a considerable contribution to the field ofLaw and Economics. ScholarsWilliam B. Allen,Forrest McDonald,Lance Banning,Gordon S. Wood, andJack P. Green have served as either directors or discussion leaders of dozens of conferences on the early history of the American Republic.[12]

Publishing program

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Liberty Fund's publishing program began in 1971 with the publication ofEducation in a Free Society, coauthored by Goodrich andWabash College professorBenjamin A. Rogge, a founding director of Liberty Fund.[13] Since then, Liberty Fund has published more than 400 books exploring the idea of liberty across many disciplines, including economics, political thought, American history, law, and education.[14] As part of Liberty Fund's commitment to the exchange of ideas, Liberty Fund keeps in print many titles that would otherwise be unavailable.

Some of its most popular or influential publications include:

Liberty Fund Online

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Besides its main website, the Liberty Fund hosts four websites, including:[15][16]

  • Law & Liberty focuses on the classical liberal tradition of how law and political thought shapes a society of free and responsible persons. Articles and commentary are offered by leading scholars covering a range of legal issues, legal philosophy, and pedagogy. (www.lawliberty.org)
  • The Online Library of Liberty is an extensive digital library of scholarly works focused on individual liberty and free markets. The OLL provides a curated collection of resources available at no charge. More than 2,000 works, often classic texts that are rare or unaffordable to most, are available for downloading. (oll.libertyfund.org)
  • Adam Smith Works is an investigation of the scholarship of Adam Smith, the Scottish Enlightenment economist and philosopher. To further the exploration of Smith's works, Liberty Fund received a multi-million grant from theJohn Templeton Foundation in 2016[17] to spearhead conferences, host scholars, and create a website around Adam Smith's life and scholarship, notably Smith'sTheory of Moral Sentiments (1759) andWealth of Nations (1776). The website includes educational tools for use by elementary, middle school, high school, and college students. It includes Smith'sLectures on Jurisprudence and writings on astronomy, ancient logic, and ancient physics. (www.adamsmithworks.org)
  • The Library of Economics and Liberty (Econlib.org) with its podcast EconTalk[18][19][20] hosted byRuss Roberts long-timeStanford professor and current president of Jerusalem'sShalem College. For more than fifteen years, Roberts has interviewed several hundred scholars and thought leaders, includingMark Andreessen,Milton Friedman,Richard Epstein,Thomas Sowell,Cass Sunstein,Jeffrey Sachs,Anne Applebaum,Ronald Coase,Freeman Dyson, andDeirdre McCloskey. (www.econtalk.org)

Intellectual Portrait Series

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Liberty Fund's Intellectual Portrait Series contains in-depth conversations with more than thirty of the world's leading academics in economics, political thought, law, and other disciplines. Liberty Fund also makes available detailed educational documentaries on Adam Smith andFriedrich Hayek and features historical overviews of theIndustrial Revolution,Hong Kong, and theConstitution of the United States.[21]

Reception

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Jonah Goldberg stated that "The Liberty Fund is simply an amazing organization, dedicated to truth and study, good conversation and civil society and, of course, freedom."[22]

In his bookThe Assault on Reason, former U.S. Vice President andDemocratic presidential candidateAl Gore wrote that between 2002 and 2004, 97% of the attendees at Liberty Fund training seminars for judges wereRepublican administration appointees. Gore said that such conferences and seminars are one of the reasons that judges who regularly attend such conferences "are generally responsible for writing the most radical pro-corporate, antienvironmental, and activist decisions". Referring to what he calls the "Big Three"—theFoundation for Research on Economics and the Environment,George Mason University's Law & Economics Center, and the Liberty Fund—Gore adds, "These groups are not providing unbiased judicial education. They are giving multithousand-dollar vacations to federal judges to promote theirradical right-wing agenda at the expense of the public interest."[23]

See also

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Portals:

References

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  1. ^The Ama-gi is interpreted by the Liberty Fund to be the earliest-known written appearance of the word "freedom", or "liberty", taken from a clay document written about 2300 BCE in the Sumerian city-state of Lagash. See:LogoArchived 2016-06-12 at theWayback Machine
  2. ^abSimon, Scott (March 28, 2009)."Sarah Palin as Dorothy? We're Not in Kansas".Weekend Edition – Saturday.NPR.Archived from the original on December 3, 2013. RetrievedSeptember 8, 2013.
  3. ^Rojc, Philip (July 27, 2016)."Rightward, Ho! Ten Top Funders Behind the Surging Libertarian Movement".Inside Philanthropy.Archived from the original on September 4, 2017. RetrievedSeptember 3, 2017.
  4. ^Knull, Morgan N. (September 23, 2011)."Goodrich, Pierre".First Principles. Archived fromthe original on October 22, 2018. RetrievedFebruary 13, 2025.
  5. ^abRobert T. Grimm (ed.),Notable American Philanthropists: Biographies of Giving and Volunteering, Greenwood Publishing Group, 2002, pp. 125–128
  6. ^abSwiatek, Jeff."Liberty Fund building $22M headquarters in Carmel".Indy Star.Archived from the original on January 6, 2016. RetrievedNovember 3, 2015.
  7. ^MacLean, Nancy (2018) [2017].Democracy in Chains. Penguin Random House. p. 125.ISBN 978-1101980972.OCLC 1029879485.
  8. ^Critchlow, Donald T. (2008) [2005].Phyllis Schlafly and Grassroots Conservatism. Princeton University Press. p. 5.ISBN 978-0691136240.OCLC 191755011.
  9. ^"Gift pulls Liberty out of shadows".Indianapolis Business Journal. IBJ Corporation. June 30, 1997. Archived fromthe original on September 24, 2015. RetrievedSeptember 8, 2013.Because the conferences are scattered across the globe and because they attract only elite thinkers, the fund attracts little attention in Indianapolis outside its Allison Pointe offices.
  10. ^"Liberty Fund".catalog.libertyfund.org.Archived from the original on March 26, 2017. RetrievedMarch 26, 2017.
  11. ^ab"Economics 101-03: History of Economic Thought Spring 2015"(PDF).California State University, Sacramento Department of Economics. Archived fromthe original(PDF) on March 26, 2017. RetrievedJuly 24, 2018.
  12. ^"Historic Documents Library: Founding Era | Constitution Center".National Constitution Center – constitutioncenter.org. RetrievedApril 13, 2024.
  13. ^Starbuck, Dane (June 1, 2001).The Goodriches: An American Family. Liberty Fund Inc. pp. 416,427–428.ISBN 978-0865971844.
  14. ^"Home".Liberty Fund. RetrievedApril 18, 2024.
  15. ^"Online Resources".Liberty Fund. RetrievedJanuary 20, 2024.
  16. ^"About Liberty Fund". Liberty Fund. April 10, 2014.Archived from the original on October 16, 2018. RetrievedNovember 1, 2018.
  17. ^"Adam Smith's Enlightened World".John Templeton Foundation. RetrievedApril 13, 2024.
  18. ^"The Case Against Sugar: Gary Taubes On EconTalk".The Foundation for Economic Education. February 13, 2017.
  19. ^"Liberty Fund Links". December 14, 2016. Archived from the original on March 26, 2017. RetrievedMarch 26, 2017.
  20. ^LCCN 2007-15993;OCLC 237794267,750248783,730302176;ISBN 978-0865976658,978-0865976665
  21. ^Liberty Fund Books 2022 Catalogue (The Art of Conversation). Liberty Fund Books. 2022. p. 162.
  22. ^Goldberg, Jonah."Home, At Last".nationalreview.com. National Review. RetrievedSeptember 28, 2025.
  23. ^Gore, Al (2007).The Assault on Reason. Penguin Press. p. 234.ISBN 978-1594201226.Liberty Fund

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