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Mont Pèlerin Society
The Mont Pelerin Society (MPS) is an international organization composed of economists, philosophers, historians, intellectuals and business leaders.Michael Novak, 'The Moral Imperative of a Free Economy', in '' The 4% Solution: Unleashing the Economic Growth America Needs'', Bush Institute, Crown Business, 2012, p. 294 The members see the MPS as an effort to interpret in modern terms the fundamental principles of economic society as expressed by classical Western economists, political scientists and philosophers. Its founders included Friedrich Hayek, Frank Knight, Karl Popper, Ludwig von Mises, George Stigler and Milton Friedman. The society advocates freedom of expression, free market economic policies and the political values of an open society. Further, the society seeks to discover ways in which the private sector can replace many functions currently provided by government entities. Aims In its "Statement of Aims" on 8 April 1947, the scholars were worried about the da ...
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Economic Policy
The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy. Most factors of economic policy can be divided into either fiscal policy, which deals with government actions regarding taxation and spending, or monetary policy, which deals with central banking actions regarding the money supply and interest rates. Such policies are often influenced by international institutions like the International Monetary Fund or World Bank as well as political beliefs and the consequent policies of parties. Types of economic policy Almost every aspect of government has an important economic component. A few examples of the kinds of economic policies that exist include: *Macroeconomic stabilization policy, which attempts to keep the money supply growing at a rate that does not result in excessive inflatio ...
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International Trade Organization
The International Trade Organization (ITO) was the proposed name for an international institution for the regulation of trade. Led by the United States in collaboration with allies, the effort to form the organization from 1945 to 1948, with the successful passing of the Havana Charter, eventually failed due to lack of approval by the US Congress. Until the creation of the World Trade Organization in 1995, international trade was managed through the General Agreement on Tariffs and Trade (GATT). History Proposal of an international trade institution The Bretton Woods Conference of 1944, which established an international institution for monetary policy, recognized the need for a comparable international institution for trade to complement the International Monetary Fund and the World Bank.P. van den Bossche, ''The Law and Policy of the World Trade Organization'', 79 Bretton Woods was attended by representatives of finance ministries and not by representatives of trade ministrie ...
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SAGE Publishing
SAGE Publishing, formerly SAGE Publications, is an American independent publishing company founded in 1965 in New York by Sara Miller McCune and now based in Newbury Park, California. It publishes more than 1,000 journals, more than 800 books a year, reference works and electronic products covering business, humanities, social sciences, science, technology and medicine. SAGE also owns and publishes under the imprints of Corwin Press (since 1990), CQ Press (since 2008), Learning Matters (since 2011), and Adam Matthew Digital (since 2012). History SAGE was founded in 1965 in New York City by Sara Miller (later Sara Miller McCune) with Macmillan Publishers executive George D. McCune as a mentor; the name of the company is an acronym formed from the first letters of their given names. SAGE relocated to Southern California in 1966, after Miller and McCune married; McCune left Macmillan to formally join the company at that time. Sara Miller McCune remained president for 18 years ...
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Economic Interventionism
Economic interventionism, sometimes also called state interventionism, is an economic policy position favouring government intervention in the market process with the intention of correcting market failures and promoting the general welfare of the people. An economic intervention is an action taken by a government or international institution in a market economy in an effort to impact the economy beyond the basic regulation of fraud, enforcement of contracts, and provision of public goods and services. Economic intervention can be aimed at a variety of political or economic objectives, such as promoting economic growth, increasing employment, raising wages, raising or reducing prices, promoting income equality, managing the money supply and interest rates, increasing profits, or addressing market failures. The term ''intervention'' is typically used by advocates of ''laissez-faire'' and free market capitalism, and assumes that, on a philosophical level, the state and econom ...
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Alexis De Tocqueville
Alexis Charles Henri Clérel, comte de Tocqueville (; 29 July 180516 April 1859), colloquially known as Tocqueville (), was a French aristocrat, diplomat, political scientist, political philosopher and historian. He is best known for his works ''Democracy in America'' (appearing in two volumes, 1835 and 1840) and ''The Old Regime and the Revolution'' (1856). In both, he analyzed the living standards and social conditions of individuals as well as their relationship to the market and state in Western societies. ''Democracy in America'' was published after Tocqueville's travels in the United States and is today considered an early work of sociology and political science. Tocqueville was active in French politics, first under the July Monarchy (1830–1848) and then during the Second Republic (1849–1851) which succeeded the February 1848 Revolution. He retired from political life after Louis Napoléon Bonaparte's 2 December 1851 coup and thereafter began work on ''The Old Regi ...
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John Dalberg-Acton, 1st Baron Acton
John Emerich Edward Dalberg-Acton, 1st Baron Acton, 13th Marquess of Groppoli, (10 January 1834 – 19 June 1902), better known as Lord Acton, was an English Catholic historian, politician, and writer. He is best remembered for the remark he wrote in a letter to an Anglican bishop in 1887: Letter to Bishop Mandell Creighton, April 5, 1887
Transcript of, published in ''Historical Essays and Studies'', edited by J. N. Figgis and R. V. Laurence (London: Macmillan, 1907).
''"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men…"''


Early life and background

The only son of

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Palgrave Macmillan
Palgrave Macmillan is a British academic and trade publishing company headquartered in the London Borough of Camden. Its programme includes textbooks, journals, monographs, professional and reference works in print and online. It maintains offices in London, New York, Shanghai, Melbourne, Sydney, Hong Kong, Delhi, and Johannesburg. Palgrave Macmillan was created in 2000 when St. Martin's Press in the US united with Macmillan Publishers in the UK to combine their worldwide academic publishing operations. The company was known simply as Palgrave until 2002, but has since been known as Palgrave Macmillan. It is a subsidiary of Springer Nature. Until 2015, it was part of the Macmillan Group and therefore wholly owned by the German publishing company Holtzbrinck Publishing Group (which still owns a controlling interest in Springer Nature). As part of Macmillan, it was headquartered at the Macmillan campus in Kings Cross London with other Macmillan companies including Pan Macmil ...
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Alan Ebenstein
Alan Oliver (Lanny) Ebenstein (born May 28, 1959) is an American political scientist, educator and author, known from his biographical works on Friedrich Hayek and Milton Friedman. Biography Born in Princeton, New Jersey, to William Ebenstein (1910-1976), a noted political scientist, and Ruth Ebenstein. He obtained his BA at the University of California, Santa Barbara, in 1982, and his PhD at the London School of Economics in 1988.Ebenstein, Alan O. 1959–
at encyclopedia.com. Accessed 30-03-2015.
After his graduation, Ebenstein was an instructor at from 1990 to 1996. In 1992, he was the Republican nominee for the California State Assembly ...
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Harvard University Press
Harvard University Press (HUP) is a publishing house established on January 13, 1913, as a division of Harvard University, and focused on academic publishing. It is a member of the Association of American University Presses. After the retirement of William P. Sisler in 2017, the university appointed as Director George Andreou. The press maintains offices in Cambridge, Massachusetts near Harvard Square, and in London, England. The press co-founded the distributor TriLiteral LLC with MIT Press and Yale University Press. TriLiteral was sold to LSC Communications in 2018. Notable authors published by HUP include Eudora Welty, Walter Benjamin, E. O. Wilson, John Rawls, Emily Dickinson, Stephen Jay Gould, Helen Vendler, Carol Gilligan, Amartya Sen, David Blight, Martha Nussbaum, and Thomas Piketty. The Display Room in Harvard Square, dedicated to selling HUP publications, closed on June 17, 2009. Related publishers, imprints, and series HUP owns the Belknap Press imprint, whi ...
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