Atlas Year in Review 2007

Atlas
FA L L 2 0 0 7
Y E A R - I N - R E V I E W
INSIDE
Message to Supporters of Atlas . . . . . . . .3
Latin America . . . . . . . . . . . . . . . . . . . .4
North America . . . . . . . . . . . . . . . . . . . .6
Europe . . . . . . . . . . . . . . . . . . . . . . . . . .8
Middle East & North Africa . . . . . . . . .10
Africa . . . . . . . . . . . . . . . . . . . . . . . . .12
Asia & the Pacific . . . . . . . . . . . . . . . . .14
20 Years with Atlas . . . . . . . . . . . . . . . .16
A Tribute to the St. Angelos . . . . . . . . .18
Creating a Better Future . . . . . . . . . . . .19
Catalyst and Connector . . . . . . . . . . . .20
The Atlas Experience . . . . . . . . . . . . . .22
Create a Legacy of Freedom . . . . . . . .24
How You Can Advance Freedom . . . . .25
The 2007 Liberty Forum . . . . . . . . . . .26
The Revival of Classical Liberalism . . .28
Reception in Honor of Leonard Liggio . .30
FSSO Report . . . . . . . . . . . . . . . . . . . .31
The 2006 Freedom Dinner . . . . . . . . .32
Templeton Freedom Awards . . . . . . . .34
Sir Antony Fisher Awards . . . . . . . . . . .36
Freda Utley Prize . . . . . . . . . . . . . . . . .38
TFI and SFS Reports . . . . . . . . . . . . . . .39
Atlas Events Around the Globe . . . . . .40
Financial Overview . . . . . . . . . . . . . . .42
Thank You to Prize Judges . . . . . . . . . .44

The Atlas Economic Research Foundation works
with think tanks and individuals around the world
to advance a vision of a society of free and responsi-
ble individuals, based upon private property rights,
limited government under the rule of law and the
market order. Atlas is a nonprofit 501(c)(3) organi-
A Year at Atlas
zation that is supported solely by donations from
individuals, foundations and corporations.
Board of Directors Atlas Network Growth

William Sumner (Chairman)
Dan Grossman (Chairman-Elect)
John Blundell
Tim Browne
Alejandro Garza Lagüera
A tlas is now working with 290 think tanks in 80 countries, up from 250 in 65 countries just three
years ago. We expect this growth to continue, as Atlas’s pipeline of new “intellectual entrepre-
neurs” – participating in Atlas training programs and consulting with us about their plans for new
Abby Moffat projects to advance liberty – is as large and diverse as ever.
George Pearson
Andrea Millen Rich
René Scull
Linda Whetstone
Hon. Curtin Winsor
Staff
Alejandro A. Chafuen
President & CEO
Leonard P. Liggio
Executive Vice President of Academics
Bradley A. Lips
Executive Vice President & COO
Jo Kwong
Vice President of Institute Relations
Eva Andraskova
Office Manager
Cindy Cerquitella
Coalition Relations Associate
Colleen Dyble
Director of Coalition Relations
Whitney Garrison
Donor Relations Associate
Allegra Hewell
Events Assistant
Rómulo Lopez Organizational Growth
Program Manager
n 2007, the Atlas Economic Research Foundation experienced significant growth and change.
Christian Robey
Associate Director of Programs
Alexis Serote
I In January, Allegra Hewell joined as office manager and is now working as events assistant, coor-
dinating all of Atlas’s trademark events. In June, Atlas’s staff grew again with Whitney Garrison
Associate Director of Donor Relations
Niki Straub coming on as a development associate, and former Atlas intern Niki Straub returning to become
Assistant to the President & CEO assistant to the president. Rebecca Waskey, who joined Atlas in October 2006 as assistant to the
Priscilla Tacujan president, is now Atlas’s communications associate, coordinating and editing Atlas’s publications
Program Manager
Rebecca Waskey and features on Atlas’s Web site. In August, Atlas bid farewell to its long-time director of public
Communications Associate affairs, Elena Ziebarth, and in November, Atlas added Eva Andraskova as its new office manager.
YiQiao Xu
Program Manager
Atlas also hosted three interns this year, including our current intern, Anca Bogdana Rusu, from
Romania.
Atlas Senior Fellows
William Dennis Throughout this growth and change Atlas remains comitted to its mission, “To discover, develop
Deroy Murdock
Gabriel Zinny and support ‘intellectual entrepreneurs’ worldwide who can advance the Atlas vision of a society of
free and responsible individuals.”
2000 N. 14th Street, Suite 550
Arlington, Virginia 22201
703-934-6969 – Phone
703-352-7530 – Fax
www.atlasUSA.org
Family Growth
he Atlas family grew in June with
T the birth of Morgan Juliet Lips, the
first child of Atlas executive vice presi-
dent, Brad Lips and his wife, Cindy.
(See related story on page 19.) Morgan
is pictured here wearing a bib sent by
Atlas supporters, Ali and Marshall
Stocker. As you can see, she is not yet
enthusiastic about the free-market
cause. Brad promises to work on this in
the months and years ahead.
2 Atlas c Year-in-Review 2007

A Message to
Supporters of Atlas
A s you review this annual report, we know you will be
inspired – perhaps, awestruck – by the friends of the free soci-
Whether in Brussels, Caracas, Tehran, or Washington, those
who want more government and less freedom seem to be ris-
ety in our network. Thanks to your involvement, Atlas has ing in power. They might outgun and outspend our freedom
helped many free-market institutes and “intellectual entrepre- champions, but no weapon can quiet good ideas and a love of
neurs” with grants, contacts, advice, credibility and moral freedom forever. Atlas’s friends around the world have the
backing. power of truth on their side.
All of our partners are committed to dis- As long as you partner with us to con-
covering and spreading the truth. In tinue to provide a place for these
some extreme cases, this puts our intellectual entrepreneurs to craft and
friends at odds with local rulers. In disseminate their message, freedom will
those difficult and courageous battles, always have a chance.
they take solace in the knowledge that
they have the support of individuals like
you, who share their commitment to
the free exchange of ideas and to the From Alejandro A. Chafuen and Bradley A. Lips
rights of every person.
In turn, we know that you take pride in your important role:

helping Atlas build and nurture this extended family of free-
dom champions.
On these pages you can see the work of Atlas and of our part-
ners in the freedom movement. But truthfully, words and
photos can seldom convey the magnitude of the efforts of the
individuals portrayed in these pages. We encourage you
to meet our allies in person at events such as Atlas’s
annual Freedom Dinner in November (see pages
30-31) or the Liberty Forum (in Atlanta on April
25-26, 2008, see pages 24-25). You can even
visit them in their home countries to witness
firsthand their committed, daily work to
advance freedom, despite modest budg-
ets and sometimes difficult
environments.
Outside of the developed and

English-speaking world, a think tank
is still an unfamiliar concept. In
those countries, 80 percent of the
think tanks we work with have
budgets averaging a mere
U.S.$60,000—so you can imagine
how far your contributions go in
supporting these institutes.
Enlightened donors can give a huge
boost to these little Davids, who are
fighting against reinvigorated, big-
government Goliaths.
Atlas c Year-in-Review 2007 3

Latin America
Reflections Institute Profile
Established Institute Profile: Fundación Carlos Lleras (Colombia)
CIEN (Guatemala)
A fter a brief stint in politics, Rafael Merchan, the for-
mer executive director of Instituto de Ciencia
C entro de Investigaciones
Económicas Nacionales (CIEN)
celebrated its 25th anniversary this year
Política (ICP, Colombia), returned to the think tank
world to launch Fundación Carlos Lleras in Colombia
and it continues to promote free-market (named after Colombia’s president during 1966-70). Last
ideas in Guatemala through publications August, the institute held its first major event, an inter-
and conferences. In recent years, CIEN national conference on economics and security,
has also developed one of the most suc- featuring panelists Steve Johnson of the U.S. Defense
cessful courses for journalists in terms of Department; Juan Fernando Londoño, a former member
content and attendance. It has designed an annual 40-day training of President Uribe’s Cabinet; and Juan Manuel Santos,
session for economic reporters; the last two years CIEN has added Colombia’s current Minister of Defense.
monthly seminars on current events, each attended by nearly 50 peo-
ple. Atlas is promoting CIEN’s success model among similar
institutes in other countries. Honduras’s recently founded Instituto
Veritas will launch a similar workshop next year, with guidance from
CIEN. CIEN also is an Atlas Templeton Freedom Award winner.
T he Universidad Francisco Marroquin (UFM) in

Guatemala continues to be a leader in education for
the free society in Central America. After decades of
friendly and fruitful relationships, Atlas launched a collab-
orative effort to raise and administer funds for the
University. This program was announced at the 2006
Mont Pelerin Society meeting in Guatemala. The
Francisco Marroquin Fund will enable UFM to expand
and improve its educational reach in Guatemala and the Asociación
Americas. Latinoamericana y del
Caribe de Derecho y
Economía (ALACDE,
Brazil), led by scholar
Juan Javier del Granado,
Intellectual Entrepreneur has launched two new
educational projects: an
Angel Soto (Chile) online law school and a
program to educate
A ngel Soto is one of the leaders of Centro de Estudios
Bicentenario, which focuses on the history of Chile and the
Americas. He has been working closely with other groups in the
judges on economic
principles. Future plans
include a program to
region, including Centro Para la
translate classical legal
Apertura y el Desarollo de América
and economic texts from
Latina (CADAL) in Argentina.
English into both
Their joint efforts include the publi-
Spanish and Portuguese,
cation of a book highlighting the
an online American law
challenges for Latin America from a
library, and an academic
free-market perspective, to be pub-
press.
lished in both Chile and Argentina.
Together with Pía Greene, a former
Atlas fellow, Angel Soto launched
the Centro de Investigación de At least one think tank in the Atlas network
Medios y Sociedad, a university-based No think tank in the Atlas network
media research center.

Intellectual Entrepreneur
uring the first quarter of 2007,
José Cantero (Paraguay)
D Agencia Interamericana de
J osé Cantero launched Fundación Primero

Paraguay in 2006. A graduate of the University of
Illinois, he worked for Paraguay’s Ministry of Economy
Prensa Económica (AIPE) edited and
translated 120 opinion editorials writ-
ten by 48 authors from 10 different
and Central Bank. He is also a reporter at the La countries.
Nación newspaper in Asunción. José was first intro-
duced to Atlas by Gabriel Salvia of Argentina’s
CADAL, and shortly thereafter participated in Atlas’s
annual Liberty Forum in Philadelphia. He is currently coordinating an
international conference to be held before the end of 2007. Intellectual Entrepreneur
Ricardo Salles (Brazil)
ablo Arosemena launched R icardo Salles founded the Movimento

Endireita Brasil (MEB) in 2006. MEB
P Fundación Ecuador Libre, which
is a new institute in Quito supported by
works to increase public awareness of the
importance of
the local business community. Ecuador the ideas of a
Libre publishes a weekly legislative free society—
report tracking and analyzing legislation property rights
in the Ecuadorian Congress from the (including intel-
perspective of its effect on a free society. lectual
At the beginning of 2007, Ecuador Libre invited former property), trans-
Salvadoran President Francisco Flores to help develop the organi- parency, limited
zation’s strategic plan, and devise programs to protect government and
constitutional liberties from the threat posed by President Rafael low taxation. It
Correa’s statist, populist policies. has produced two television debates and pub-
lished several newspaper and magazine
articles. MEB worked to prevent the adminis-
tration of President Luiz Inácio “Lula” da
Silva from further aligning Brazil with other
left-wing governments in South America.
ispanic American Center for Economic Research
H (HACER, Washington, DC) was created by Atlas in
1999 to address the scarcity of market-oriented, non-political
Salles and MEB organized several public
meetings and promoted street parades with
thousands of people in support of these prin-
research impacting U.S. Hispanics ciples. Salles was first introduced to Atlas by
and the greater Spanish-speaking Margaret Tse, from Instituto Liberdade
world. Today, HACER publishes an (Porto Alegre, Brazil).
electronic newsletter that reaches
more than 15,000 readers around the world on these issues
(www.hacer.org).
Reflections
Established Institute Profile:
Institute Profile CADAL (Argentina)
Instituto Veritas (Honduras) Centro Para la Apertura y el Desarollo de
América Latina (CADAL) creates new value in
I n 2006, Guillermo Peña received Atlas support to prepare a business
plan for Instituto Veritas, which he launched in Honduras earlier this
year. In the short time it has been operating, Instituto Veritas organized a
the policy world by
targeting a niche out-
side of its own
three-day program, attended by Spain’s former Economy Minister, country. Founded by
Cristóbal Montoro. The pro- Gabriel Salvia,
gram included four public CADAL works
conferences in San Pedro Sula closely with Cuban Americans to educate the
and Tegucigalpa, several inter- Latin American public about the realities and
views with the news media and perils of Cuban communism. Recently,
meetings with both govern- CADAL organized programs in Uruguay, to
ment and business leaders. promote free-market ideas in the context of the
Over the next year, Veritas U.S.-Uruguay trade liberalization negotiations.
plans to launch two publications and introduce a series of seminars for
journalists, partnering with CIEN (Guatemala) for the latter effort.

North America Intellectual Entrepreneur
Chris Derry (Kentucky)
Institute Policy Impact
Maryland Public Policy Institute (Maryland)
B orn out of frustration at an unjustified local tax increase in
Bowling Green, Kentucky, Chris Derry opened the doors
of the Bluegrass Institute for Public Policy (BIPP) in 2003—
without any major donors. Derry, BIPP founder and president,
T here are an estimated 523,000
foster care children in the
United States, and 11,500 in
spent the majority of his career in marketing and sales and saw
the development of a think tank as an innovative way of selling
Maryland alone. In 2005, the his fellow Kentuckians on the idea that free markets, human
Maryland Public Policy Institute’s liberty and limited government should be the primary ingredi-
(MPPI) senior fellow, Dan Lips, formulated a policy pro- ents for transforming Kentucky public policy. With his own
posal to offer these children scholarships to attend savings he loaned money to BIPP, persuaded a couple business
high-quality schools of their choice, regardless of change in friends to donate $10,000 in start-up capital and went to work.
residency. In 2005 and 2006, MPPI published two reports When it comes down to it, Chris says, “There is nothing as
advocating better educational options for children in foster motivating as starting a venture without a paycheck!” Now,
care: “School Choice for Maryland Foster Care Children: nearly four years later, the Bluegrass Institute has made major
Fostering Stability, Satisfaction, and Achievement” strides and its budget is expected to reach $500,000 by 2008. In
(2005); and “Focus Group Study: Foster Care Families,
Children, and Education” (2006). Earlier this year, MPPI
president Christopher Summers was invited to the office of
State Delegate Nancy Stocksdale (R-Carroll County) to dis-
cuss the initiative. Shortly after that meeting, during the
2007 Maryland legislative session, Delegate Stocksdale
introduced legislation to provide K–12 tuition scholarships
to children in foster care. To capitalize on this opportunity,
MPPI plans to launch an Education Initiative for Foster
Care Children to promote school choice opportunities for
foster care children in Maryland and around the country.
“A tlas’s long-term commitment to making the world a freer

and more humane place is indispensable… Atlas was
part of an idea that took 11 years to bloom. The staff encouraged
the seed of a vision and they have encouraged us and guided us
at every step of our development. Thank you, Atlas!”
Lee Wishing, Center for Vision & Values
At least one think tank in the Atlas network
(Grove City College, Grove City, PA)
No think tank in the Atlas network
J ohn Carpay (Canadian Constitution Foundation) con-

tinues to pioneer efforts to challenge Alberta’s ban on
private health insurance. On May 2, 2007, CCF announced
its support for Lindsay McCreith’s
constitutional legal challenge to
F or the first time in years
Maine’s state budget
included no significant tax
Ontario’s health care monopoly. increases! The Maine Heritage Policy Center (MHPC)
McCreith, like other Canadians, is played a strong role in fighting tax increase proposals.
prohibited by law from buying pri- While the Center’s Tax Payer’s Bill of Rights initiative did
vate health insurance for essential not pass, it has become the standard by which other tax
medical services. bills are measured. MHPC released a new model Tax and
John Carpay recently attended The Expenditure Limitation measure that could become the
Atlas Experience in Niagara-on-the- basis for an initiative.
Lake, Canada.

August, Chris shared what he learned about building a donor
Rio Grande Foundation (New Mexico)
base from scratch at The Atlas Experience in Niagara-on-the
Lake, Ontario, using the Acton Institute’s “Call of the
Entrepreneur” video as a training tool. O n Election Day 2006, after Albuquerque’s city council
approved Mayor Martin Chavez’s proposal for a $300
million streetcar system, the Rio Grande Foundation (RGF)
“Thank goodness Atlas gener-
ated ‘seed capital’ early on,
which kept paper in the printer
and ink in our cartridges.”
–Chris Derry, 2004
Rio Grande Foundation During RGF’s Friedman Day celebration,

Chris Derry spoke to intellectual entrepre- president, Paul Gessing State Senator Kent Cravens (R-Albuquerque)
neurs and guests on how to build a strong addressed an audience spoke to attendees about education reform.
donor base at the Atlas Experience. during the Friedman Day
Celebration, which waswas the first organization to openly
co-sponsored by RGF criticize the proposal. After several
and the Friedman months of protests by citizens, who
Foundation. often relied on data provided by
RGF, the city council repealed the legislation.
While New Mexico legislators went on a spending binge in
2007—increasing general fund spending by 11 percent—
legislation to enact a constitutional amendment based on
Colorado’s Taxpayer Bill of Rights and the Rio Grande
Foundation’s research was introduced during the 2007 ses-
sion and received a “do-pass” in one committee.

Show-Me Institute (Missouri)
T he Show-Me Institute, a Missouri-based free-market

think tank, issued several studies during the past year
that have had a tremendous
public policy impact. Joe
Haslag, economics professor at
the University of Missouri-
Columbia and research fellow
with the Show-Me Institute, tes-
tified before committees in the
Missouri House and Senate
regarding his study, “Unleashing
The Show-Me Institute’s Joe
Video Competition,” which Haslag successfully argues the
argued that increased competi- points in his report,
tion among video providers “Unleashing Video
would save Missouri consumers Competition,” before Missouri’s
A l Gore’s global warming documentary, An
Inconvenient Truth, called on Americans to con-
serve energy by reducing
$66 million to $76 million annu- legislature, which ultimately
helped deregulate cable fran-
ally, with a net gain to the state chising in the state.
their home electricity con- of more than $20 million per
sumption. The Tennessee year. After the study’s release,
Center for Policy Research Missouri's legislature and governor passed a law deregulating
uncovered that Gore, the cable franchising in the state.
global warming movement’s chief spokesman,
devoured nearly 221,000 kilowatt-hours (kWh) in
2006—more than 20 times the national average,
which is 10,656 kWh per year according to the
Department of Energy.

Europe At least one think tank in the Atlas network
Institute Profile
Free Society Institute (Slovenia)
T
his past year, the Free
Society Institute (FSI)
produced various studies,
including one analyzing the
incentive of unionized workers
and another on the issue of tax
reform. FSI publishes a biweekly e-newsletter, The
Tribunal, which covers current economic issues, offers
scholarly economic studies and provides lessons in the
classical liberal tradition. FSI experts write for a regular
column in the Daily Finance newspaper and are collabo-
rating with the Adriatic Institute in Croatia. This year,
they testified on the topic of the labor market at a session
of the Slovenian Economic Council to the Prime European Resource Bank panelists Svetla
Minister. The ensuing debate received nationwide televi- Kostadinove (Institute for Market Economics,
sion coverage. FSI was also awarded with an Atlas grant Bulgaria), Matthew Elliot (TaxPayers’ Alliance,
for new institutes this year. This young organization is UK) and Vincent Ginnochio (Liberté Cherie,
run by three brothers, Matej, Matjaz and Mitja France) spoke during the “Examples and
Lessons” panel, offering practical tools and
Steinbacher. strategies for making a policy impact. The
Matej served as European Resource Bank was held in
an Atlas fellow Romania in September.
in 2003.
Country Feature: Poland

Twins, Matjaz (left) and Matej Steinbacher (right) with Melanie
Chafuen at Atlas’s annual Liberty Forum in April.
A tlas is in contact with three new think tanks in Poland. The
first, Project Lodz, was formed by a group of like-minded
individuals in the city of Lodz while working with the Adam
Smith Research Centre (ASRC, Poland) on a campaign for a
new tax system. Project Lodz aims to show how free market poli-
cies at the local level can lead to greater prosperity and quality of
Reflections life for city residents.
This summer, Atlas hosted a Koch Summer Fellow, Pawel
Lisiewicz, who recently launched Project: Poland. Pawel
Hellenic Leadership Institute (Greece) worked at Atlas for three months, learning about the free-mar-
ket movement and think tank management. Project: Poland
A s our involvement in Egypt and the Arab world becomes stronger,
I welcome opportunities to share our experience with the rest of
the Atlas network in the future.” – Alexandros Mantikas, Hellenic
seeks to target a younger generation of Poles, under age 40,
many of whom are migrating to the United Kingdom. The
Leadership Institute (HLI). Project plans to focus on the issues of European Union integra-
tion, migration, constitutional safeguards, student outreach and
The Hellenic Leadership Institute (HLI), based in Greece, has gone
beyond Europe’s
borders, laying the
groundwork for
the advance of
freedom in the
Middle East. In
I n August 2004, Kalin Manolov and his colleagues at the
Bulgarian Society of Individual Liberty, along with the
Institute for Market Economics (IME, Bulgaria), launched
2006, HLI won the an electronic newsletter to promote the adoption of a flat tax.
2006 Templeton In 2007, the Bulgarian government introduced a 10 percent
Freedom Award flat tax which will go into effect in 2008.
for Initiative in
Atlas President Alex Chafuen with the president and vice pres-
Public Relations. ident of the Hellenic Leadership Institute (Greece), Anthony
Livanios (center) and Alexandros Mantikas (right)

Then and Now – Horia Terpe
“A tlas provided an internship for me, allowing me to understand

areas like think tank management and think tank and free mar-
ket networks. Atlas helped CADI to integrate in these networks,
providing advice and offering access to development opportunities. My
experience at Atlas in 2004 was the decisive moment for my career.” –
Horia Terpe, Center for Institutional Analysis and Development-
Eleutheria (CADI, Romania)
Horia Terpe spent the summer of
2004 at Atlas as a Koch Summer
Fellow. During the past three years,
Horia has edited a book on social
prediction and the limits of eco-
nomic planning and published
articles in both general-interest pub-
lications and academic journals. He
THEN (2004) – Horia with the president
of the Leadership Institute (Virginia),
also contributed to Romania’s public
Morton Blackwell policy debate as a counselor in the -
Parliament and personal advisor to
the vice president of the country’s classical liberal party, while at the
same time teaching at the National School of Public Administration in
Bucharest. Early next year he plans to defend his doctoral dissertation on
institutions and the market.
In May 2005, after a brief but
intense stint at the Ministry of
Culture, Horia helped found the
Center for Institutional Analysis and
Development-Eleutheria (CADI), a
free market think tank in Bucharest,
translations of classics of liberty. Romania, where he is currently exec- NOW (2007) – Atlas’s Jo Kwong with
The third institute is still in the utive director. On September 13-17, Horia in Romania at the European
planning stages but could play a 2007, Horia and his team at CADI Resource Bank.
major role in Poland’s growing free- organized the fourth annual
market movement. This group, European Resource Bank meeting.
staffed by pubic relations experts,
hopes to provide communications
expertise to active think tanks in
“The Adriatic Institute for Public Policy, a
Poland. They will seek to consult,
think tank based in Croatia, has found that
teach and assist these think tanks
Pawel Lisiewicz, one of Atlas’s governments that adopt flat-tax regimes see
interns, recently started the in finding new ways to reach more
either steady or increased revenues within the
think tank Project: Poland. of the mainstream media and the
first year.” – Wall Street Journal, Opinion
public, with the end goal of expos-
(Europe).
ing even more Poles to the ideas of a free society.
The Adriatic Institute’s (AI) work to promote
the adoption of a flat tax in Croatia has gained
international
Intellectual Entrepreneur attention, hav-
ing pushed
A fter experiencing the negative outcomes of nationalistic and collectivist ideas,

and spending hours carrying out pointless bureaucratic tasks, Marko Paunovic
sought an alternative. He found it in
the Croatian
government to
take a hard
the freedom movement. His university look at its tax-
studies, coupled with an opportunity to ation policy in
study in the United States, where he light of the
had access to various books and flat tax revolu- Natasha Srdoc-Samy, president of the
resources on economics, further solid- tion across the Adriatic Institute for Public Policy,
ified his belief in the importance of former Soviet spoke at Atlas’s Liberty Forum this past
freedom. Marko was a high ranking government coun- Marko Paunovic (left) and Hernan bloc.
spring.
selor, but has since left his position to work with the Alberro (CADAL, Argentina) (cen-
ter) with Atlas’s Leonard Liggio at
Center for Liberal-Democratic Studies (Serbia). the Atlas Experience.

The Middle East Middle East Program Highlights
& North Africa A tlas’s “bottom-up approach” to promoting change is particu-
larly well-suited to the Middle East, where it is crucial to
avoid the misinterpretation that liberty is a “foreign concept.” For
more than a decade, Atlas partners such as the Minaret of
Freedom Institute have been explaining that capitalism and lib-
erty are deeply compatible with Islamic culture. Over the past
few years, Atlas has increased its efforts to identify and assist local
“We just did a petition now, to try and unblock [the blogging leaders in Middle Eastern countries that can make this case and
tool] WordPress in Turkey. Do you know what made the peti- develop local support for the ideas of freedom, leading to more
tion possible? It was actually Atlas funds! Thanks again!” than 100 new contacts in the region that have shown an interest
in free-market programs.
“Mideast Youth often provides highlights to some of the
biggest papers worldwide, no other Middle Eastern paper or Atlas launched its Azad newsletter in February 2007 to circulate
news agency was ever powerful enough to do that, and here’s
a bunch of kids achieving it!”
Esra’a Al Shafei (Bahrain), Mideast Youth
Essay Contest Winner

Mirwais Hadel (Afghanistan)
L iving under the Taliban and fleeing his

home country to Pakistan was a tough
beginning for Mirwais Hadel, the 17-year-old
Afghani from Kunduz who won Atlas’s 2006
Ibn Khaldoun Essay Contest. Growing up,
Mirwais’s parents taught him a definition of
freedom that conflicted with the austere doc-
trines of the Taliban. This definition of freedom was
strengthened when he won a scholarship from the U.S.
Department of State to join the Youth Exchange and Study
(YES) program.
At least one think tank in the Atlas network
Mirwais also attended Atlas’s workshop, “Promoting A Free
Society, ” which was hosted by the Association for Liberal No think tank in the Atlas network
Thinking in Turkey, and then completed a six-week
internship there. This increased his determination to
spread freedom. “I knew that my own country was in dire
need of freedom, but I did not know much about the
whole process of promoting freedom until I participated in
this workshop. … It is my dream to do everything in my
power to help the people of my country achieve this goal.”
Hadel and his Afghani YES colleagues are now preparing
to launch a workshop to teach liberty to students in their
own communities.
“One amazing idea I learned about during the program,

and had known so little about before, was the idea of
think tanks; It’s really a very productive way to produce
tangible results and effect change.”
Mohammad Azraq (Jordan), regarding the Student

Leadership Conference in Morocco.
Sajid Anani, Atlas’s Middle East program manager, pictured here with some of
the participants whom Atlas sponsored to attend Atlas’s Gulf Corporation
Council (GCC) Leadership Conference in Oman.

Country Feature: Bahrain
news from the growing number of institutes in the region, from

B ahrain, a tiny island country on the Arabian Gulf, is pro-
ducing wonders. Mohammad Al Maskati runs the
Bahrain Youth Society for Human Rights (BYSHR), which
Association for Liberal Thinking celebrating its 15th anniver- seeks to create a culture of youth participation to defend the
sary in Turkey, to the launch rule of law and empower civil society. BYSHR has partnerships
of Free Thought Forum in with many American, European, and regional NGOs that
Jordan this past January. defend human rights. It has organized several workshops
Atlas also is receiving entries related to human rights and one on strategic planning.
for its second annual Ibn BYSHR recently launched the “Takamol (Integration) Arab
Khaldoun Essay Contest, Youth Network” to empower Arab youth to be active in the
exploring the relationship between economics and freedom political, economic, social, and cultural arenas. Currently,
within the Islamic context. In its first year, the contests attracted the network has regional coordi-
applicants from across the world, including winners from the nators from 11 Arab countries.
U.S., Canada, Afghanistan, Iran and Morocco. Esra’a Al Shafei developed a
regional website,
www.mideastyouth.com, that
hosts several blogs promoting
freedom, especially the rights
Mohammad Al Maskati speaking
of minorities, throughout the
at the International Student Islamic World. This group has
Leadership Conference in Al taken the fight for freedom in
Akhawayn University, Ifrane, the region to a new level, by
Morocco.
discussing issues that are con-
sidered to be taboo and bringing together youth from all
across the Middle East. Esra’a was featured as a speaker at
The Atlas Experience Event, and has won a $5,000 grant
from Atlas to support her project.
Reflections
Association for Liberal Thinking (Turkey)
A nother one of Atlas’s successes in 2007 involved partnering with its

long-term ally, the Association for Liberal Thinking (ALT, Turkey), to
conduct two
regional work-
shops with the
goal of identi-
fying and
training intel-
lectual
Translations of classic and current texts on the ideas of entrepreneurs
freedom are very much needed in the Middle East, and
to play a role
they can help establish a young think tank. In 2007, the
in the freedom
Free Minds Association in
movement.
Azerbaijan published this
translation of Frédéric This strategy
Bastiat’s classic The Law. proved to be a
Also, in Iraq, the Baghdad very cost-effective Participants of the Atlas-ALT workshop with Atlas’s Brad Lips (top cen-
ter) in Ankara, Turkey (February 2007)
Economic Forum pro- way to meet
duced and distributed an potential think tank leaders from more than a dozen countries in the
Arabic translation of a region, and to introduce them to ALT, a successful, working example of an
wonderful primer on independent think tank in the Muslim world. In the course of learning
free-market economics, about classical liberal ideas, attendees observe that ALT has been able to
Common Sense have a substantial impact on intellectual life in Turkey, while remaining
Economics: What independent and rigorously devoted to principled, intellectual work.
Everyone Should Know
about Wealth and
Prosperity by James
Gwartney, Richard L. Stroup and
Dwight R. Lee. Atlas c Year-in-Review 2007 11
Africa Institute Profile
Imani Center for Policy and Education (Ghana)
n March, IMANI
I
received front page
coverage in the
Institute Profile Ghanaian Times and 20
other media outlets, as
Initiative for Public Policy Analysis (Nigeria) well as the attention of top health care industry players, for its
new health care book, Fighting the Diseases of Poverty. This past
T his year the Initiative for
Public Policy Analysis
(IPPA) completed many success-
summer, IMANI also hosted an intern from Grove City College
(Grove City, Pennsylvania), Elle Speicher, who helped create
IMANI’s new Web site, www.imanighana.com.
ful programs, including an essay
competition on the theme “Free In August, IMANI held its first Annual West African Summer
Enterprise and Entrepreneurship: University Seminar at Ashesi University in Accra, Ghana. The
Essential Ingredients for seminar attracted some of the brightest minds from postgradu-
Economic Growth and National ate, graduate and undergraduate programs from nine West
Development” for students from universities throughout African countries. The seminar challenged participants to criti-
Nigeria. IPPA published a Nigerian version of Johan cally examine the issues facing West Africa. Seminar faculty
Norberg’s book, In Defense of Global Capitalism, as well as member June Arunga said, “For the 50 students who attended
studies on Nigeria’s informal economy and on its pension that seminar, I could tell it was the beginning of a new chapter
system. in their lives.”
IMANI’s efforts have been rewarded with numerous awards and
recognitions. IMANI won a Templeton Freedom Award (TFA)
grant in 2006, and was a runner up for the TFA for Initiative in
Reflections
Law Review Project (South Africa) At least one think tank in the Atlas network
B illions of Rands in assets have been seized from the people of
South Africa by the government’s Asset Forfeiture Unit (AFU).
In March of this year, the Law
Review Project (LRP) got involved
as amici curiae (“friends of the
court”) in a case—Mohunram
and Another vs. National Director
of Public Prosecutions—in which
the plaintiff, Mr. Mohunram,
appealed against the judgment of
the Supreme Court of Appeal
(SCA), which held that the
property seized was an “instru-
mentality” in the commission of
the offence of operating an illegal
casino. Leon Louw of the Law Review
Project in South Africa
Under the state’s criminal law, the
slot machines were forfeited and a fine had to be paid as punishment.
However, after this was done, the AFU also demanded the land and
buildings related to the casino. According to Leon Louw of the LRP,
“They defend this sort of organized crime by the state by saying it’s
what’s done under RICO [Racketeer Influenced and Corrupt
Organizations Act] in the U.S.!”
After the SCA rejected the argument that forfeiture of this property
was not appropriate, the LRP stepped in. Thanks to the work of the
LRP and others, in early April, the LRP won a historical On July 17, Atlas held its first Intern Networking Happy
Constitutional Court judgment against the AFU! This is a win not Hour to introduce summer interns from a variety of D.C.
area-based think tanks to the work of Atlas. Varney
only for the Law Review Project, but also for the rule of law and
Yengbeh spoke about the work of his newly developing
property rights. Liberia Institute.

Then and Now – James Shikwati (Kenya)
A rriving at the airport for an Atlas fellowship in April 2002, James

Shikwati was full of ideas, but was struggling to fight back against a
wave of threats on his 14-month old think tank, the Inter Region
Economic Network (IREN, Kenya). The school where he taught was
attempting to jeopardize his think tank work by evicting him from his
school residence. A telecommunication service monopoly failed to sup-
ply him with a telephone line, so he was forced to make regular
46-kilometer trips—14 kilometers on
foot!—to an Internet cafe in the
town of Kericho to connect with the
outside world. Despite these and
other obstacles, Shikwati says that his
Participants from IMANI’s first Annual West African Summer University
Seminar
Atlas fellowship provided him the
support and energy he needed to per-
Public Relations (2006). The Center was praised by one of severe.
Atlas’s TFA judges “for [its] specific and rigorous application of THEN (2002)- Atlas’s Jo Kwong and
Colleen Dyble picked up James Shikwati Now, five years later, IREN-Kenya
free-market solutions to an array of complex social problems.”
has received widespread interna-
from Washington’s Dulles International
IMANI representatives won third place in a global entrepre- Airport to start his Atlas fellowship.
tional media attention for its work in
neurship competition organized by the University of promoting the importance of free trade, the rule of law, institutional
Washington (Seattle) for their presentation on how technology development, and poverty eradication in Africa. IREN launched the
could be used to enhance online marketing of rural agricul- first ever African Resource Bank, an
tural produce. annual coalition meeting now in its
fifth year; pioneered the first annual
African Think Tank Training ses-
sion, now in its second year;
established an annual training semi-
nar for East African journalists on
development-related issues; and
served as the local host for the Mont NOW (2007)- James Shikwati remains
Pelerin Society special meeting in consistent in his principles, boldly
speaking out against the negative
Nairobi, Kenya, this past February. impact of Western foreign aid on
IREN’s outreach through its weekly Africa to a high-profile audience,
online magazine, The African including singer/activist Bono and
Executive, helps to engage the busi- Google co-founder Larry Page during
ness community, academia, policy this summer’s Technology,
Entertainment, Design (TED) Global
makers, civil society and people from conference in Tanzania.
all walks of life. (Photo courtesy of Erik Hersman/TED)
Charles Harper (left), senior vice president of the John

Atlas held a think tank breakfast, “Impacting Africa Templeton Foundation, and Eustace Davis (right), director
through Think Tanks,” on the second day of the Mont of the Free Market Foundation (South Africa), spoke at
Pelerin Society’s special meeting in Nairobi, to enhance Atlas’s think tank breakfast during the Mont Pelerin
awareness of the wide range of free-market think tanks in Society special meeting in Kenya.
Africa and how they are impacting the intellectual cli-
mate in their countries. Nearly 40 people from nine
different African countries attended the event.

Asia and the Pacific
Reflections
The Center for Free Enterprise (Korea)
T he Center for Free

Enterprise (CFE)
in Seoul, Korea
celebrated its 10th
Anniversary this past
spring. Atlas has been
involved in CFE’s devel-
opment and growth
since its founding in Atlas’s Yiqiao Xu with Chung-Ho Kim, president of the
1997, and has played a Center for Free Enterprise in Korea during CFE’s 10th
Anniversary celebration. During the dinner, CFE
major role in inspiring
awarded Atlas with a plaque, in gratitude for its
its founder, Byeong-Ho support and friendship over the last 10 years.
Gong to start this think
tank. In 1996, Gong, through an internet search, came across infor-
mation about an upcoming Mont Pelerin Society meeting and Atlas
international workshop in Turkey. He attended both events and was
inspired by the groups in the developing world who were working At least one think tank in the Atlas network
towards freedom. Believing that he could do the same, he returned No think tank in the Atlas network
to Korea and immediately began to start a think tank. During the
last 10 years, the Center for Free Enterprise has successfully moved
the idea of free markets into the mainstream of South Korea’s polit-
ical debate. CFE has educated thousands of students on practical
free-market principles and reached thousands more Koreans with
its many book translations. CFE has also won two Templeton
Freedom Awards (Prize for Student Outreach in 2006, Templeton
Freedom Grant in 2005).
Institute Profile
Chinese Hayek Society
Intellectual Entrepreneur T he Chinese Hayek Society (CHS) was estab-

lished in August 2005 by 30 scholars from
Mala K.S. Gunasekera (Sri Lanka) mainland China, Hong Kong and Taiwan. Its goal
is to create a forum for the exchange of ideas on
A fter Sri Lanka’s government took Mala Gunasekera’s land for public use, she
realized the full extent of the state’s disregard for the individual, the rule of law
and private property rights. As a lawyer, she has since dedicated herself to assisting
the thought of Hayek and other liberal thinkers in
the context of Chinese culture. Since its incep-
tion, CHS has successfully conducted three annual
other individuals whose conferences and runs a training program with sev-
land has been unjustly eral universities. Nearly 300 participants—most of
seized. In 2004, Mala them either graduates or journalists from national
was also involved in publications—attended the seminars in Beijing,
organizing the Mont Shanghai, and Shenzhen. CHS has also organized
Pelerin Society meeting the translation and publication of A Series of
in Sri Lanka. Currently, Austrian Economics with includes many Austrian
she is working towards classics. CHS is in the process of creating a Web
improving the public’s site on Austrian economics and is working to pub-
understanding of free lish its first journal by the end of 2007.
market principles in her
country by giving lec-
tures to fellow lawyers Mala K.S. Gunasekera (center) with Atlas’s Colleen Dyble (left) and
and university students, her daughter Priyanya Boschmans (right), during one on of the
both in Sri Lanka and in excursions at The Atlas Experience in Canada
the United States.

Action Research in Community Health
and Development (India)
A fter a four-year campaign led by Trupti Mehta at

Action Research in Community Health and
Development (ARCH), India’s government finally
passed legislation awarding property rights and permis-
sion to use forest resources to indigenous groups in
rural India. For years these tribal people have been in
an unstable position because of their lack of property rights. Trupti held a
celebration of this victory in Taluk, Depiadpada state, which was attended
by thousands. Trupti first came into contact with Atlas through Anil and
Daxe Patel, medical doctors, who, along with Trupti’s husband Ambrish, On February 22, 2007, Trupti Mehta addressed thousands of
first realized the importance of promoting the ideas of a free society after tribal people gathered together to celebrate ARCH’s policy
victory in Taluk, in India’s Dediapada state.
witnessing a battle over the property rights and its impact on the poor.
“Fascism is asserting itself with full force in

Pakistan,” says Khalil Ahmad, founder and
CEO of the Alternate
Solutions Institute,
who is working to
counter his country’s
slide into authoritarian-
ism. Currently, he is
focused on promoting
respect for the rule of
law and the importance
of a strong judiciary,
The Pragma Center, founded in Azerbaijan in 2002, with the mis-
which are threatened in Pakistan at this time. sion of being “analysts for free market, free society and free
He is also pushing for across-the-board privati- world.” The Center has published articles and papers, reaching
zation of state enterprises. 60,000 readers, and has held seminars with 120 young partici-
pants. This year, the Pragma Center staged a protest against the
government’s persecution of journalists.
Reflections
Institute Policy Impact Established Institute Profile:
Lion Rock Institute (Hong Kong)
I In honor of Milton Friedman, India’s Centre for Civil Society
(CCS), launched a year-long school choice campaign. The pro-
gram’s goal is to bring
awareness about school
I n Hong Kong, vouchers are being introduced to non-
profit private schools at the kindergarten level. In the
coming year, the Lion Rock Institute will be working
choice to a majority of par-
to advocate
ents with children enrolled
the extension
in state schools, as well as to
of vouchers to
policy makers. To date, 408
for-profit
children have been
schools and to
awarded CCS-sponsored
the whole
vouchers; 150,000 more
school system
students have applied. CCS
at large. Lion
is holding information
Rock is also
meetings, letter writing
launching a
campaigns, and even street
campaign to Peter Wong (left) and Riyad Hammad (right)
plays in almost every state During the Center for Civil Society’s Dehli cam-
counter a pro- before a panel discussion at the Atlas Experience
in the country, encouraging paign, the people demanded school choice in Canada in August
vouchers. posed “Fair
parents to sign a petition,
Competition” law, as well as a project to study the gov-
demanding the right to
ernment’s 2005 privatization of some car park and
choose their children’s school.
commercial properties.

20 Years with Atlas
By John Blundell, Director General of the Institute of Economic Affairs,
Atlas Board Member and former Atlas President
John Blundell speaks on his 20-year long relationship

with Atlas, which started in the summer of 1987.
I n October 1987, when Antony G. A. Fisher – or AGAF as

he was known – entrusted me with the future of the Atlas
Atlas had an annual income of $250,000, of which 60 percent
was restricted. The office consisted of a small two-room suite.
In the front was a full-time secretary, and, in the back, Antony
Economic Research Foundation, he only made two requests, in (part-time) and a young Argentine, Alejandro (“Alex”)
addition to the obvious philosophical and mission issues. First, Chafuen, who was technically part-time but unceasing in his
that a San Francisco office was to remain open as long as efforts to take the Atlas vision to Latin America.
Antony was able to actively contribute to Atlas. Second, that on As the summer wore on, none of my suggestions worked out.
his passing his dear wife, Dorian, was to join the Atlas Board. I Indeed, when I found a retired, free-market attorney who
readily agreed to both. And I kept both promises. played golf every afternoon, Antony refused to talk to him.
“What frivolity!” he thought. AGAF was so intensely focused
that he never read a novel or watched TV. His idea of fun
was to have Dorian read to him aloud articles which she
clipped from the papers every day.
That July, Antony invited me to speak at an Atlas workshop in
Indianapolis, prior to the September 1987 Mont Pelerin
Society (MPS) Regional Meeting. I agreed, envisaging a 30-
minute speech with 15 minutes for Q&A. After realizing that
I would be on a panel with Antonio Marino and Hernando de
Soto with only 30 minutes for all three of us, I decided to skip
the speech. Instead, I wrote a paper, mailed it to all the atten-
dees, and just took Q&A.
This paper was Fund Raising for the Free Society, which has
since gone through several print runs and is still on the Atlas
Web site (www.AtlasUSA.org) under Think Tank FAQ -
Fundraising. It has been very gratifying over the ensuing 20
John Blundell finds Sir Antony Fisher’s name (F/O, Flying Officer A. G. A.
Fisher) on the Battle of Britain Monument along the River Thames, near
Big Ben.
To give you the full story, Antony started Atlas in 1981 as a

hub both for the network of six independent free-market insti-
tutes which he helped start and for the growing queue of
“wannabe institute entrepreneurs” knocking on his door. Our
paths crossed several times in London at the Institute of
Economic Affairs (IEA, United Kingdom) and at many events
in California when I lived in Menlo Park during 1982-1985,
working on the staff of the Institute for Humane Studies
(IHS, United States). In 1985, Leonard Liggio, Walter
Grinder and I moved IHS to George Mason University
(GMU) in Virginia, at the urging of the IHS Board and
guided by Professor Richard Fink.
Two years later, in the summer of 1987, Antony called me to
ask if I could find somebody to replace him. At that time, John Blundell with Lord Ralph Harris of High Cross in 1991

years to hear how useful the paper
has been to the people in the Atlas
network.
The paper impressed Antony so
much that he started to consider me
as his potential heir at Atlas. At this
point, the soon-to-be-retired head of
the IEA, Ralph Harris, Lord Harris of
High Cross, pointed out two things.
First, that San Francisco was a rotten
place to base a truly international
organisation. Atlas was there only
because it was home to Antony’s sec-
ond wife, Dorian, whose stunning
apartment overlooking the Bay (fabu-
lous for entertaining donors) and
generosity were pivotal in establish-
ing Atlas. Ralph argued that with
In 1993, Atlas invited the Fisher Award winners to attend Atlas’s 20th International Workshop. (Left to Right)
Antony stepping back, there were bet- Sally Pipes (Pacific Research Institute), Sam Staley (Buckeye Institute), Atlas trustee, Linda Whetstone with
ter locations to consider. Second, Atlas president, Alex Chafuen, John Goodman (National Center for Policy Analysis), and John Blundell
Ralph said that being president of (accepting award on behalf of Institute of Economic Affairs, Health and Welfare Unit).
Atlas was not a full-time job for a
young, active man such as myself. Upon first look, the Atlas staff stayed small, but it actually
grew significantly. IHS then had a staff of about 15, all of
The three of us met several times during the week of the MPS
whom were able to help Atlas. To keep things orderly, we
meeting, and I returned to IHS with the proposal that I would
charged IHS staff time out on an hourly basis. With Atlas’s
become part-time president of an Atlas office relocated to join
new 15 part-time helpers, including Sheldon Richman,
IHS at GMU. At that time, I was executive vice president &
Margo Reeves, Andrea Jardine and Vonda Holliman, activities
COO of IHS, soon to become president & CEO.
surged. Then I added my first Atlas hire, Jo Kwong, who
I discussed the proposal with my colleagues, Leonard Liggio joined me in 1990. It had taken five years for us to conduct
and Walter Grinder, and with my Executive Committee, the first six Atlas workshops. We did 10 in the next 36 months,
namely Charles G. Koch, the late J.P. (“Jay”) Humphreys, seven of which were international.
Harry H. Hoiles, and William (“Bill”) L. Law. To ensure
One of my earliest decisions had been to make Alejandro full-
there were no problems, several Atlas Board members joined
time; I soon thereafter named him director of Advisory
the IHS Board and vice versa. From the IHS side, Art Pope,
Programmes worldwide and then vice president. When I
George Pearson, Walter Grinder and Frank O’Connell moved
stepped down as president in May 1991 to become president
onto the Atlas Board while Bill Sumner, Dorian Adams and
of the Charles G. Koch and Claude R. Lambe Foundations,
Tim Browne joined the IHS Board.
the board took less than 30 seconds to decide that Alex should
Antony died on the 8th of July 1988, just weeks after he was be the next president.
knighted. By early September, we closed the tiny West Coast
The new location, board, infusion of talent and momentum
office and moved Atlas’s assets and the Chafuen family to
established by Antony all contributed to growth in the
northern Virginia. Dorian had been voted onto the Atlas
resources available to Atlas. In 1990, our income rose to $2
Board and Bill Sumner had replaced Antony as Chairman. It
million. The number of institutes in our network, which
had already become clear that having an Atlas presence on
started at six in 1981 and had risen to 30 by the time Antony
the East Coast was vastly superior, as it was much easier to get
died, was now at 75, with 18 workshops completed and hun-
to relevant events and to welcome both foreign and
dreds of alumni.
U.S.-based visitors.
Looking back, the three most important things in the growth
There were also great synergies between IHS and Atlas. Both
of Atlas were the great Atlas/IHS synergies, the surge of work-
were definitely not think tanks but rather in the business of
shops and the benefits of the East Coast location. Antony
finding and developing good market-oriented talent. In the
would be pleased and proud of all that Atlas has achieved over
case of IHS, it was scholars and intellectuals; in the case of
the past two decades.
Atlas, intellectual entrepreneurs. And both operated world-
wide. With crucial input from Leonard Liggio, Walter
John Blundell is director general and Ralph Harris Fellow of the
Grinder, and others such as Jeremy F. G. Shearmur, we made Institute of Economic Affairs (United Kingdom), the first of the “Fisher
hundreds of useful links that benefited both networks. Institutes,” and serves on the board of Atlas and on its Executive
Committee as chair of the Institute Development Committee.”

A Tribute to Gordon &
Beattie St. Angelo
By Alejandro A. Chafuen, President & CEO
F ew benefactors have been as loyal and helpful to the

Atlas Economic Research Foundation as Gordon and Beattie
Friedman, former “Dateline NBC” anchor Jane Pauley, for-
mer U.S. Rep. Lee Hamilton, Rep. Mike Pence, and former
St. Angelo. Earlier this year, Gordon’s kind and generous Indianapolis mayors, Stephen Goldsmith and Bill Hudnut.
wife, Beattie, passed on to a better world. Despite this tremen-
dous loss, Gordon has remained actively involved in
supporting the spread of freedom around the world.
Atlas first came in touch with Gordon in 1986, thanks to a let-
ter from Walter Williams to Antony Fisher and to Gordon,
indicating that a meeting would be mutually beneficial.
Gordon was then a major champion of market-oriented phil-
anthropic efforts at the Lilly Endowment. After leaving Lilly,
Gordon and Beattie remained personal supporters of Atlas’s
efforts.
On October 30, 2007, friends from around the Americas and
the world gathered in Indianapolis to celebrate Gordon St.
Angelo’s legacy of leadership. His lifetime of service and dedi- Atlas president, Alex Chafuen with Beattie and Gordon St. Angelo at Atlas’s
cation to Indianapolis and Central Indiana, as well as his 10th Anniversary celebration in 1991.
community and charitable work with the Lilly Endowment,
Indianapolis Airport Authority, University of Indianapolis, Gordon and Beattie, apart from being a support for Atlas, have
Second Presbyterian Church, and Milton and Rose D. been a personal example to me and my family in many ways.
Friedman Foundation, enjoyed the immense support of his They showed us how to live a full life in all fronts and still
spouse and ultimate friend, Beattie. maintain a unity of spirit and commitment until the end. I
will always long to emulate their example, and hopefully, so
His life, rich in generosity, was always open to individuals will our sons.
from across the political spectrum. This was evident in the
wide array of people who gave tribute to him during this cele- To them, all we can say is, “How can we ever say ‘thank you’
bration, including Indiana Governor Mitch Daniels, Rose enough?”
Join the Atlas Club!

he people who contribute to the Atlas Club are vital to our efforts. Their
T annual pledges of $1,000 or more helps us budget our resources and plan
effectively as we take the message of freedom to the corners of the globe. Their
strong commitment to Atlas helps make our vision a reality.
In addition, Atlas Club sponsors get to know Atlas, and its many partners, on a
more personal level. They receive invitations to all events, including the exclusive
Atlas Club Briefings. These private gatherings feature personal, up-close opportu-
Atlas Club Briefings give exclusive opportuni- nities to meet our dedicated international partners in liberty.
ties to Atlas Club members. Sebestyen L.V.
Gorka of the Institute for Transitional Each year’s members are honored on a plaque at Atlas’s office in Arlington. In
Democracy and International Security addition to this recognition, Atlas sponsors have the satisfaction of knowing they
(Hungary) and Barun Mitra of the Liberty
Institute (India) spoke at this briefing in 2006.
are investing in ground-level efforts to promote freedom around the world.

Creating a Better Future
By Brad Lips, Executive Vice President & COO
C radled in my arms, little as she is, it is hard to believe

that one day she will grow up, chase her own dreams, and navi-
ent has made my work at Atlas more meaningful. Morgan’s
fragile little features are a daily reminder of how many miracles
gate the challenges of the mid-to-late 21st century. I am talking we experience in our lives. She has made me realize that my
about my daughter, Morgan Juliet Lips, wishes and worries about the future are
born this past June. shared by people all over the world.
During one of our first nights together, I I want my daughter to grow up in a world
was on 3:00 AM bottle duty, learning the where she can achieve anything she sets
art of burping. Squirming as I lifted her her mind to and is willing to work towards.
up and agitated until I got the desired I do not want her dreams and opportuni-
result, she came to relax on my shoulder. ties limited by arbitrary decisions made by
That’s when I had a “parenting epiphany” people in power. I want her to live in
that I bet you can relate to. safety, and find friendship with people of
With her little head buried in my neck, I all backgrounds. And I want her to appre-
realized how precious this moment was, ciate the many sacrifices that have been
and how fondly I’d look back upon it in made to keep the liberty she enjoys alive
the future. Suddenly, that future became and to cherish the ideas and values that
a very real concern to me. What difficul- contribute to a healthy, free society.
ties will she face in her life? Will she have Isn’t that what we want for people every-
the opportunity to pursue her dreams? If where? Isn’t that why you and I support
her head is back on my shoulder years Atlas? Isn’t that why we are striving to
from now -- during a dance at her wedding – will she realize how advance freedom around the world?
much I have wanted her to enjoy life to its fullest?
What a wonderful blessing she has been to my life. So many of
Ever since arriving at Atlas, I have known that I am contributing my hopes and dreams while working at Atlas over the last
to a better future – one that will be more peaceful, prosperous, decade have been abstract. Now they have a face and a name
and hopeful, because it will be more free. But becoming a par- –she’s called Morgan.
Investments of $1,000, $5,000, or $10,000 go a long way

in the international arena. For example:
• A $1,000 gift could help fund the translation of a book about liberty, so it can
reach and potentially impact opinion leaders, government decision makers and
others, many times over, creating long-term change!
• A $5,000 gift can sponsor a think tank’s operations – sometimes for an entire year – in remote parts of
the globe. In one instance, Atlas “bought out” the annual salary of a prospective think tanker in Africa
with a $5,000 grant. That grant covered his prior $2,000 per year salary and provided and additional
$3,000 to run the institute. Now that’s bang for the buck!
• And a $10,000 gift can enable us to host an international conference where we can meet more pio-
neers to join our efforts to create a society of free and responsible individuals.
Please join the Atlas Club today! Become an integral part of Atlas’s network of brave freedom fighters by
contributing $1,000 or more each year. Simply return the reply envelope that accompanies this newslet-
ter or sign up online at www.atlasusa.org/donate. We look forward to hearing from you!

Connector and Catalyst: T
G rowth brings its special set of challenges. In

Atlas’s case, the annual Liberty Forum now attracts sev-
eral hundred idea entrepreneurs, supporters, and
friends. These numbers yield terrific benefits, particu-
larly from the perspectives of both networking and
program efficiency. Yet the nature of the program is
vastly different from the smaller workshops of Atlas’s ear-
lier days.
To offer something a little different this year, Atlas held
its first Atlas Experience to provide a smaller, more inti-
mate gathering in a world-class setting. During the
first week of August, 120 people participated in the
Jo Kwong with husband, Richard Echard, Walter LeCroy and Andrea Rich
inaugural Experience at the Queens Landing Inn and
at a vineyard.
Conference Center in Niagara-on-the-Lake, Ontario.
I’m very pleased to tell you that it achieved everything
we hoped for and more!
The relaxed setting offered a unique opportunity for
Atlas friends and supporters to gather with idea entre-
preneurs from over 30 different countries. As one new
donor commented:
I’ve been to Atlas’s Freedom Dinner and had a
good sense of Atlas’s mission. But it wasn’t
until I came to the Atlas Experience and
dined, conversed and visited with the idea
entrepreneurs that I really became hooked in
the freedom vision!
In developing this new program, I had hoped to recre-
ate one of my favorite Atlas memories, from many
Atlas president, Alex Chafuen led an after dinner discussion asking the question, “Are we years ago. About 50 Atlas friends gathered at an inter-
winning or are we losing in the fight for freedom?” Participants from around the world national workshop in Switzerland, only a block away
shared experiences from the “front line” of this battle.
from the very same hotel that was the venue of the first
Mont Pelerin Society (MPS) meeting in 1947. (MPS is
an international association of classical liberals started
by F.A. Hayek.)
We arranged to hold one session at this hotel, which
turned out to be a delightful setting. Sitting in the
European parlor of this grand old hotel, with its high
ceilings, Victorian curtains and comfy armchairs, we
gathered around as Atlas’s beloved Leonard Liggio told,
firsthand, the history of MPS. As we listened to
Leonard’s encyclopedic storytelling, there was a won-
derful feeling of kinship. You couldn’t help but
wonder if that very chair you were sitting in was once
occupied by Hayek or Milton Friedman—or whether
that very room was the site of the first MPS discussion.
As one participant, Kevin Avram, said “As we sat and
listened to Leonard, I felt I was part of something very
historic, very special.”
The unique setting allowed for conversations to continue between activities.

The Atlas Experience .
By Jo Kwong, Vice President of Institute Relations
For me, that memory helped to inspire the Atlas

Experience. In addition to traditional panels—cover-
ing topics from “Returning to Limited Government in
the Americas” to “Can Technology Set us Free?”—we
hosted four “economic salons,” complete with comfy
armchairs and intimate tables for two. Of course, the
Economic Salon led by Leonard Liggio was standing
room only— even though it was held at 10pm, after
the dinner speech by Mart Laar, former Prime
Minister of Estonia.
The other economic salons featured Jaroslav
Romanchuk from Belarus and Alexandros Mantikas
Atlas’s Leonard Liggio led an economic salon on the “Revival of the Classical Liberal
from Greece, who shared their personal insights about
Movement.”
the freedom challenges in their countries. The Cato
Institute’s David Boaz delivered a moving final salon
on “How to Keep Making Progress Towards Freedom,”
which helped create yet another memory to inspire
future Atlas Experiences.
For those who didn’t get to the salons on time,
impromptu discussions and gatherings offered interest-
ing alternatives. I use “interesting” carefully…to
describe the unexpected bagpipe serenade from
Canada’s Brian Crowley, accompanied by Atlas’s own
Irish dancer, Alexis Serote.
Christopher Summers, founder of the Maryland Public
Policy Institute, said:
The small informal and intimate gatherings
are invaluable – especially with our friends in
the free-market community from other coun-
tries. By keeping these colloquia small, Atlas After a late-night economic salon, Brian Crowley of the Atlantic Institute for Market Studies
does an exceptional job at ensuring they’re pro- delighted everyone by playing the bagpipes!
ductive and at the same time lively.
The Niagara-on-the-Lake setting offered ample oppor-
tunity to build friendships—during excursions to
Niagara Falls, winery tours, or jet ski adventures. Even
the children who attended had a great time. We’ve
since had requests for family excursions at the next
gathering.
As our movement has grown, so has the size of our
meetings. Though this is indeed terrific, I treasure
these more intimate times where we might arrive as
strangers, but surely leave as friends. At the Atlas
Experience, we welcomed friends who share a commit-
ment to seek freedom for people everywhere.
Annemie DeWinter of the Friedrich Naumann Foundation (Jordan) laughs with other par-
ticipants during dinner.

(Left to Right) Hernán Alberro (Argentina), Lubos Mikuska (Slovakia),
Atlas’s Yiqiao Xu, Alexandros Mantikas (Greece) and Pedro Dájer
(Left to Right) Marsha Enright of Reason, Individualism & Freedom Institute
(Dominican Republic) at Niagara Falls
(Illinois) with panelist June Arunga of Open Quest Media, LLC (New York)
and Atlas’s Andrea Millen Rich.
The Atlas
The inaugural Atlas Experience created an intimate, world-
class setting for supporters of freedom to gather, relax,
indulge their intellects and be inspired at a unique intersec-
tion of great thinkers, great discussion and great memories.
Atlas’s Alexis Serote and Alex Chafuen show off their Irish dancing skills
while Brian Lee Crowley of the Atlantic Institute for Market Studies
(Canada) plays the bagpipes after a late-night economic salon.
Martha Lewis, Chuck Albers, Gerald Fickenscher and Julie Planck dur-
ing a pre-dinner reception
Atlas board member, Dan Grossman, speaks with Atlas's Leonard Liggio (left).
Atlas’s Deroy Murdock (left) with Howard Rich (center) and Andrew Royce Jaroslav Romanchuk and Tom Palmer (center) with Justin, a 16-year-old
hotel employee who shared his passion for Ayn Rand with Tom and was
invited to attend the rest of the conference.
Participants enjoyed meeting each other while going on wine tours at two of Diana Spencer and Riyad Hammad in the hotel garden
Niagara-on-the-Lake’s vineyards, including the Jackson-Triggs Winery.
Experience
Over 120 participants from over 30 different countries and
20 different states—representing over 50 different insti-
- tutes—attended the event. Please visit the Atlas Web site
for a detailed report and more photos.
Alberto Mingardi of the Istituto Bruno Leoni (Italy) and Edita Maslauskaite
of the Lithuanian Free Market Institute
Cheers! Friends new and old gathered together to promote freedom.
Atlas's Allegra Hewell with Hernán Alberro of CADAL (Argentina)
Some of the Atlas staffers, (left to right) Whitney Garrison, Colleen Dyble,
Elena Ziebarth, Alexis Serote, Becca Waskey and Cindy Cerquitella.
(Left to Right) Kris Mauren, Walter LeCroy and Ben Rast with his sons,
Greg and John
Create a Legacy of Freedom
Introducing the Fisher Society
By Jo Kwong, Vice President of Institute Relations
“Those who expect to reap the blessings of freedom climate of opinion.
must, like men, undergo the fatigue of supporting it.” With Hayek’s advice in mind, Fisher began to explore the idea
— Thomas Paine: The American Crisis, No. 4, 1777 of creating free-market think tanks to teach people how free
markets, limited government, rule of law and private property
rights foster opportunity and prosperity.
T he words of Thomas Paine are enduring indeed.

Fortunately, I’m confident that Atlas’s friends and contributors
Thanks to Antony Fisher’s commitment to these ideas, and his
entrepreneurial strategy to advance them, today Atlas’s network
consists of more than 200 organizations, spanning the world.
experience enthusiasm and optimism, rather than fatigue, when Atlas’s annual Liberty Forum and various international work-
partnering with Atlas to advance freedom around the world! shops comprise the largest international gatherings of
And, thankfully, they recognize the importance of their finan- free-market think tank leaders. There is always a tremendous
cial support in order to preserve and promote the blessings of energy level at the workshops, as participants eagerly share
freedom. ideas, opinions and strategies for “winning the battle” on the
war of ideas.
To further encourage this uplifting spirit of giving, it is my
pleasure to introduce a new opportunity to support the cause Although I may seem
of freedom—Atlas’s Fisher Society. biased in my awe of
Fisher’s dedication, I’m in
This legacy program is proudly named after two lifelong sup- good company. For his
porters of liberty: Atlas’s founder Sir Antony Fisher and his outstanding service, Fisher
wife, Dorian. Through their generosity — both in life and was knighted by Queen
death — they created a legacy to help turn their lifelong com- Elizabeth II in 1988.
mitments and ideals into a long-lasting investment.
While Sir Antony Fisher
Antony Fisher founded the was the inspiration and
Atlas Economic Research public face behind Atlas’s
Foundation in 1981 after founding, Dorian was
playing an important role every bit his partner, pro-
in launching several free- viding enthusiastic moral
market public policy think and practical support. As
tanks, including the Dorian accepting Sir Antony Linda Fisher Whetstone,
Institute of Economic Fisher’s knighthood in 1988. Dorian’s stepdaughter and
Affairs (United Kingdom), Atlas trustee, said, “If
Manhattan Institute (New there were occasions when Dad got depressed by the chal-
York), National Center for lenges, Dorian was always there to encourage him, positive
Policy Analysis (Texas), and and cheerful, looking for solutions and prepared to put in the
Pacific Research Institute time and effort to make it all happen.”
(California).
After Antony died in 1988, Dorian joined the Atlas Board and
The seed of Atlas’s found- remained a faithful financial contributor to Atlas. Upon her
Atlas founder, Antony Fisher at the
ing can be traced to a Fraser Institute in 1976 death earlier this year, Dorian continued that generosity – to
publication that remains Atlas and to several other think tanks that Antony founded.
highly influential to this day. In 1945, after reading the Road This generous bequest creates a legacy for Dorian and
to Serfdom by the distinguished Austrian economist Friedrich Antony’s vision for a free society.
A. Hayek, Antony Fisher visited Professor Hayek at the London
School of Economics, brimming with excitement over their In honor of the Fishers’s dedication and commitment to Atlas,
shared ideas. When Fisher mentioned that he planned a I am pleased to introduce the Fisher Society, which is
career in politics to fight against the erosion of freedom he saw described further on the following page. Won’t you join
in a then-socializing Britain, Hayek advised otherwise. He Antony and Dorian’s legacy by becoming a member of Atlas’s
reminded Fisher of the short-term nature of politics, and Fisher Society?
instead encouraged him to find a way to change the long-term

How You Can Advance Freedom
The Fisher Society: Fostering a Positive Vision of Tomorrow
by Creating a Legacy Today
The Atlas Economic Research Foundation is proud to vant legislation, Pension Protection Act of 2006, only
announce the Fisher Society in honor of its founder, Sir applies to tax years 2006 and 2007.)
Antony Fisher, and his wife, Dorian. Antony Fisher envi-
sioned a society of free and We recognize that your estate plan-
responsible individuals. Today, ning is a very important, very
Atlas and its network of hundreds of personal process. Should Atlas be
think tanks are the beneficiaries of included in your plans, we view
his lifelong devotion and action. this as one of the highest privileges
of our partnership. We treasure
If you share Sir Antony’s vision, your generosity and are committed
Atlas invites you to join the Fisher to honoring your donor intent.
Society. Won’t you partner with us
to carry on your vision and values PLEASE NOTE: This article is not
through future financial planning? intended as legal or financial
advice. Consult your own legal or
Fisher Society Members believe financial advisor before making any
ardently in Atlas’s mission to decision based on this information.
advance freedom around the world. If you already know that you want
They have taken the financial and to make a planned gift or any other
legal steps necessary to ensure that contribution to Atlas, please contact
Atlas will be helping intellectual Jo Kwong, at 703-934-6969 or
entrepreneurs promote the ideas of jo@atlasUSA.org.
Dorian and Antony Fisher at the 1980 Mont Pelerin
liberty for many years to come. Society meeting at the Hoover Institute.
Do you have a will that distributes your assets in line with

your values and priorities? If these priorities include advanc-
ing liberty, please consider joining the Fisher Society by
including Atlas as a beneficiary of your will or living trust.
Sample Bequest Language
If you have already added Atlas as a beneficiary of your estate, [ Please have your attorney review ]
please let us know so we can recognize your generosity and
dedication to our shared principles of a free society. I give, devise and bequeath to the
In joining the Fisher Society, by leaving Atlas as a beneficiary
Atlas Economic Research
in your will, there are several different ways to structure gifts
to Atlas that may be well-suited to your own situation. These Foundation, tax identification
include:
number 94-2763845, 2000 North
• Planned giving options to protect your current income needs th
– Gift annuities and charitable remainder trusts are just two 14 Street, Suite 550, Arlington,
of the options that allow you to give a large gift to Atlas,
while ensuring that you and your loved ones enjoy uninter- Virginia 22201, [insert amount,
rupted income.
percentage, or remainder of estate]
• Donating appreciated securities – When you donate appre-
ciated stock to Atlas, the full value of the gift is tax to be used for general operations
deductible, allowing you to avoid paying taxes on the capi-
tal gains.
[or a donor-designated purpose].
• Donating from your IRA - If you are age 70½ or older, cur-
rent legislation allows you to make cash gifts to qualified
charities such as Atlas, totaling up to $100,000 per year
from your traditional or Roth IRA, without incurring
income tax on the withdrawal. (Please note that the rele-

2007 Libe
Philadelphia, Pennsylvania ~
tlas’s 7th annual Liberty Forum
A attracted representatives from 120
public policy institutes from 52 coun-
tries and 26 states. The Liberty Forum
creates opportunities for “intellectual
entrepreneurs” and other allies to learn
(Left to Right) Paulo Coelho and Vicente Perrone, Templeton
Freedom Award winners from the Instituto de Estudos and share best practices in manage-
Empresariais (IEE, Brazil), with Atlas’s Rómulo Lopez
ment and leadership strategies. Over
270 participants were able to explore
Atlas’s Paul Driessen (left) with Masaru Uchiyama, the founder

of Japanese for Tax Reform (Courtesy of Sinagoga Photography) (Left to Right) Gerardo Bongiovanni of Fundación Libertad
(Argentina), Atlas’s Gabriel Sanchez-Zinny and Brad Lips,
Hans Tippenhauer of Fondation Espoir (Haiti), and Paul
Adepelumi of the African Center for Advocacy and Human
Development (Nigeria) (Courtesy of Sinagoga Photography)
(Left to Right) Atlas’s Alex Chafuen with Nona Patrick and

Daniel Córdova of Invertir (Peru) and Atlas’s Christian
Robey (Courtesy of Sinagoga Photography)
(Left to Right) Kerry Hardy of Altermind (France), Nigel
Ashford of the Institute for Humane Studies and Atlas’s
George Pearson (Courtesy of Sinagoga Photography)
e rty Forum
~ April 24-26, 2007 .
ideas, network with new partners and
develop future collaborations for
advancing the ideas of liberty and free
markets. Just as importantly, the Liberty
Forum provided its participants with
the encouragement, inspiration and
Franklin Cudjoe of IMANI Center for Policy and Education
energy necessary to apply the principles (Ghana) holding a “Let Freedom Reign” banner
they have learned to continue to fight

for freedom in their home countries.
Frayda Levy of the Moving Picture Institute (left, New York)

and Alexandra Stocker (Courtesy of Sinagoga Photography)
(Left to Right) Andrew Work, Wallace Chan and Simon Lee of

the Lion Rock Institute (Hong Kong)
(Left to Right) Edwin Thompson of the Ayn Rand Institute

(New York), Atlas’s Alex Chafuen and keynote dinner
speaker John Allison, CEO of BB&T (Courtesy of Sinagoga
(Left to Right) Atlas’s Gabriel Sanchez-Zinny with Hamood Al-
Photography)
Towaiya and Amb. Hunaina Sultan Al-Mughairy (Embassy of
the Sultanate of Oman, Washington, D.C.) and Melanie
Chafuen (Courtesy of Sinagoga Photography)
The Revival of
Classical Liberalism
By Leonard P. Liggio, Executive Vice President of Academics
F riends of Atlas will be familiar with the story of how

Antony Fisher, inspired by F.A. Hayek’s The Road to Serfdom,
Roosevelt’s New Deal took the second and third roads, curtail-
ing agricultural production and inflating the currency by
began starting free-market think tanks to revive classical liberal abandoning the gold standard. I place the beginning of the
ideas. But, of course, this was only one part of an intellectual revival of classical liberalism in America in 1937, following
battle against the welfare statism and militarism that achieved FDR’s landslide re-election, just when it seemed like classical
dominance during the 1930s. liberalism and free market ideas were buried forever. Already,
President Herbert Hoover saw that American traditions rooted the New Deal had stolen the name “liberalism” and given it to
in classical liberalism would be threatened by the election of the regulatory state.
Franklin Delano Roosevelt and the subsequent New Deal. As The revival was an unintended consequence of Roosevelt’s
he left the presidency in February 1933, Hoover declared: overreaching. Supremely confident in the wake of his land-
slide victory, FDR promoted a court-packing scheme to allow
The American people will soon be at him to appoint an additional justice to the Supreme Court for
the fork of three roads. The first is the a sitting justice who was over 70 years old. The nine old men
of the Supreme Court had declared unconstitutional many of
highway of cooperation among the corporatist laws passed during FDR’s first term. But the
nations, thereby to remove the obstruc- Senate rejected the plan, having heard from tens of thousands
of citizens who were mobilized by the Committee for
tions to world consumption and rising Constitutional Government, which was funded by publisher
prices. This road leads to real stability, Lewis Gannett of Rochester, New York.
During this decade, the Los Angeles Chamber of Commerce,
to expanding standards of living, to a then headed by Leonard Read, emerged as an important cen-
resumption of the march of progress by ter of classical liberal ideas. In 1932, Read visited Hoover’s
former chief-of-staff, William C. Mullendore, who convinced
all peoples…The second road is to rely him of the fallacy of government planning (Mullendore was
upon our high degree of national self- then the head of the Southern California Edison power com-
pany). Read began the publication Freeman Pamphleteers,
containment, to increase our tariffs, to which collected critiques of government intervention by classi-
create quotas and discriminations, and cal liberal writers such as Henry Hazlitt.
to engage in definite methods of cur- As a New York Times editorial writer, Hazlitt provided sound
economic analysis, until his critique of the postwar
tailment of productions of agricultural International Monetary Fund led to his dismissal. He then
and other products and thus to secure began writing a column for Newsweek, in which he was suc-
ceeded years later by Milton Friedman. When the great
a large measure of economic isolation Austrian economist Ludwig von Mises arrived in New York as a
from world influences…The third road refugee in 1940, it was Hazlitt who welcomed him and intro-
duced him to Leonard Read.
is that we inflate our currency, conse-
Other American publishers established important legacies in
quently abandoning the gold standard, spreading free-market ideas. In Idaho, a publishing company
and with our depressed currency began to reprint classical liberal books under the Caxton
imprint. In New York, Devin Garrity added classical liberal
attempt to enter a world economic titles to the Devin-Adair roster. In Chicago, Henry Regnery
war; with the certainty that it leads to began his publishing enterprise. Not too far from Read’s home
in Los Angeles, R.C. Hoiles published The Register in Orange
complete destruction, both at home County, along with English translations of works by Frederic
and abroad (Department of State, Bastiat. In 1943, Leonard Read republished Bastiat’s The Law.
Read established the Foundation for Economic Education
Press Releases, VIII February 18, (FEE) in 1946, and FEE published its own edition of The Law
1933, 117.). in 1950, of which it has now distributed more than one million

Individualists, the first classical liberal organiza-
tion designed explicitly for college students.
As a student during this period myself, I bene-
fited from the contributions of Ross Hoffman
and Paul Levack, my graduate professors at
Fordham University. They founded the Burke
Society at Fordham in 1945, and edited an
anthology of the works of Edmund Burke, not-
ing in their introduction, “Never have [Burke’s]
great maxims been more contemptuously
ignored than during the catastrophic last half-
century…It has been an age of doctrinaire
Atlas’s Leonard Liggio addresses an audience at the George Mason University ‘planning,’ or as Burke would have said, of
Law School during a reception given in his honor in March 2007 (see page 30).
‘scheming.’ Its political leaders have forgotten
the natural law.”
copies. Ronald Reagan became a recipient of FEE publica-
tions when he worked for General Electric in the 1950s (GE We owe a debt of gratitude to the scholars and intellectual
Vice President Lemuel Bulware sat on FEE’s board), and cited entrepreneurs mentioned in this essay, who responded to the
The Law as one of his favorite books. catastrophes of the first half of the 20th century by reviving the
great principles of liberty and building the educational institu-
A landmark event for the classical liberal movement occurred
tions that help sustain our movement today.
in 1944 with the University of Chicago Press’s publication of
F.A. Hayek’s The Road to Serfdom, a book that had been
turned down by many U.S. publishers, who dismissed it off as
old-fashioned. Chicago economist, Aaron Director, proposed
the book to the University of Chicago Press, which accepted it,
and it became a best-seller. As Henry Hazlitt wrote in The New
York Times, it was ironic that “the most eminent…defenders of
English liberty in America, should now be two Austrian exiles,”
referring to Hayek and Mises, whose book Omnipotent
Government (Yale University Press) also was published in 1944.
Hayek’s efforts, including a lecture tour, further invigorated
classical liberalism in the United States. Hayek published in
U.S. journals and in 1950 joined the faculty of the Committee
on Social Thought at the University of Chicago. Chicago
became an intellectual, classical liberal powerhouse with such
luminaries as Frank Knight, Aaron Director, Milton Friedman,
George Stigler, Allen Wallis, Yale Brozen, H. Gregg Lewis,
Ronald Coase, and Harold Demsetz, as well as Hayek. Hayek,
of course, had invited several of his future University of
Chicago colleagues to a meeting at Mont Pelerin in
Switzerland in May 1947, which resulted in the formation of
the Mont Pelerin Society, bringing together several prominent
British, European, and American classical liberal intellectuals.
Other key elements in countering the trend toward socialism
during the 1940s included Ayn Rand’s bestselling novel, The
Fountainhead, a tribute to individualism that became a suc-
cessful Hollywood movie starring Gary Cooper. Other key
books included Richard Weaver’s Ideas Have Consequences
(Chicago, 1948), which emphasized the need to defend pri-
vate property, and Russell Kirk’s Randolph of Roanoke
(Chicago, 1951), a defense of constitutional decentralization.
The writer Albert Jay Nock, who died in 1945, had a profound
impact on American classical liberalism, both through his
books and through his personal influence on Frank Chodorov,
the editor of Human Events and The Freeman, and William
Buckley, the founding editor of National Review. In 1953,
Chodorov and Buckley founded the Intercollegiate Society of

Reception in Honor of
Leonard Liggio
O n March 6, 2007, The Atlas

Economic Research Foundation, along
with Liberty Fund and The Institute for
Humane Studies (IHS), sponsored a recep-
tion to honor Leonard Liggio and celebrate
his lifetime of service and dedication to the
ideas of liberty and to the freedom move-
ment. The event also served as the
occasion to premiere Liberty Fund’s
Intellectual Portrait film, “A Conversation
David Kennedy and the guest of honor,
with Leonard Liggio.” In this 95-minute
Leonard Liggio
film, Leonard is interviewed by John
Blundell, Atlas board member and director Friends of Leonard Liggio, Jo Kwong (left),
general of the Institute of Economic Affairs Walter Williams (center) and Richard Rahn.
(London, UK).
Leonard is currently serving
as executive vice president
of the Atlas Economic “Leonard is the Pied Piper of liberty.
Research Foundation, dis-
We are so lucky to have this brilliant
tinguished senior scholar at
IHS, and board member of scholar with a passion to spread the
the Liberty Fund. He is a
research professor at the ideas of liberty. Better, he is incredi-
George Mason University bly effective in doing so. Young
School of Law and trustee of
the Philadelphia Society. people all over the globe have had
Leonard is also former pres-
Alex Chafuen, president of Atlas Economic ident of the Mont Pelerin their lives changed because of
Research Foundation with David Townes Society and is now serving Leonard Liggio’s commitment and
(right) as vice president.
Over 120 guests attended
dedication.”
the reception which was – Ed Crane,
held at the George Mason
University Law School in founder and
Arlington, Virginia.
During the celebration,
president of
Leonard’s friends and col- Cato Institute
leagues shared stories and
memories of his great con-
tributions to the free society. The speakers
for the evening were IHS president, Marty
Zupan, Liberty Fund president, Chris
Talley, Atlas president, Alex Chafuen,
Heritage Foundation president, Edwin
Feulner and Cato Institute vice president
for International Programs, Tom Palmer.
Peter Boettke with the Liberty Fund’s

“Conversation with Leonard Liggio DVD”

Fund for the Study of FSSO Presents its 13th
$10,000 Prize to Peter Leeson
Spontaneous Orders I n May, FSSO

presented its
13th $10,000 prize
to Dr. Peter T.
Leeson, a scholar
who is applying
FSSO – 2007 In Review
Three Academic Conferences

• The Work of Gordon Tullock Austrian-based methodological
individualism to new areas of
• The Revival of the Austrian Theory of the Firm
research. Leeson was an assistant
• New Directions in the Study of Emergent and Spontaneous professor of Economics at West
Social Orders Virginia University and is now the
Third Lifetime Achievement Award Given BB&T Professor for the Study of
Capitalism at the Mercatus
• Gordon Tullock (Featured in Highlights, Spring 2007)
Center at George Mason
Two $10,000 Awards Given University (Virginia). He is a pro-
• Christopher Coyne (Featured in Highlights, Spring 2007) lific young scholar with over three
• Peter Leeson dozen published journal articles
on a number of topics and has
used a combination of historical
studies and economic tools to ana-
T
shared knowledge, and institutions.
lyze real-world examples of private
In October, FSSO held a conference in property anarchism and related
he Fund for the Study of Spontaneous Portsmouth, New Hampshire, on “New problems of social organization.
Orders (FSSO), at the Atlas Economic Directions in the Study of Emergent and
Research Foundation, was established through Spontaneous Social Orders.” “Emergent” or Leeson, a Hillsdale College
the generosity of an anonymous donor. This “spontaneous order” has become an increas- undergraduate, earned his doctor-
program is designed to promote the Austrian ingly important concept in both the social and ate at George Mason University in
perspective on economics, studying method- natural sciences. The conference gathered 2005. He has also studied at
ological individualism in areas outside the scholars interested in emergent order phenom- Harvard University and was the
realm of traditional academics. ena and strongly influenced by a Hayekian F. A. Hayek Fellow at the London
perspective, seeking to explore together sponta- School of Economics. He is an
In March, the Fund hosted a gala reception for
neous order’s implications both for their own associate scholar with the
over 80 people honoring Gordon Tullock for
work and as a broader research paradigm. Mackinac Center for Public
his years of scholarship on spontaneous orders.
Policy (Michigan) and is associate
Professor Tullock was presented with FSSO’s
editor of the Review of Austrian
Lifetime Achievement Award of $25,000. Over
Economics.
the next two days, FSSO conducted a confer-
ence to discuss his work.
In May, FSSO hosted a conference on the
Austrian theory of the firm, which has seen a
revival of interest during the past decade. The
conference sought to build upon this founda-
tion by reviewing the theory of the firm,
analyzing previous Austrian perspectives, and
offering new ways to explain business practices
by emphasizing the role of entrepreneurship,
FSSO Lifetime Achievement Award winner, Gordon
Tullock with Atlas’s Allegra Hewell (left) and Cindy
Cerquitella (right).
Atlas’s Priscilla Tacujan with

Jack Sommer at the Gordon
Tullock’s FSSO reception.
Mark Pennington, former FSSO $10,000 award

winner with Wendy Purnell and Knud Virgil Storr with Atlas senior fellow and director of
Berthelsen at the FSSO reception. Atlas’s FSSO program, Bill Dennis.
The 2006
The Atlas Economic Research Foundation held its annual celebration of World Freedom Day
at the Willard InterContinental Washington Hotel on November 16, 2006. Over 250 guests
SPECIAL THANKS TO gathered to celebrate the work of Atlas, and the efforts of the members of its network, to
THE 2006 HOST advance freedom around the world. The evening included a keynote address by Charles
COMMITTEE:
DENYSE & TIMOTHY

BROWNE
JOHANNA &
DERWOOD CHASE
TIMOTHY E.
DONNER
DAN GROSSMAN
Hellenic Leadership Institute (HLI, Greece) president, Heritage Foundation (Washington,
Anthony Livanios (holding award) celebrates with friends DC) president, Edwin Feulner offers
JORGE GERDAU after receiving the Templeton Freedom Award for one of the three toasts to freedom
Initiative in Public Relations. during the dinner.
JOHANNPETER
KAREN & MICHAEL

oday’s radical thinking can become
NOVAK
“T tomorrow’s reality…As we gather here
tonight, my Atlas colleagues and I urge you –
GERRY OHRSTROM
our fellow friends of freedom – not to limit
D. JOSEPH OLSON your thinking to what is possible or what the
‘common wisdom’ says we should believe.
MENLO F. SMITH
We free thinkers should decide where soci-
Deroy Murdock Master of
ALEXANDRA & ety’s goals posts should be planted…Please Ceremonies; Senior Fellow,
dare to believe in the impossible, because Atlas Economic Research
MARSHALL STOCKER Foundation; Columnist,
very often, impossible dreams come true!” Scripps Howard News Service;
Contributing Editor, National
WILLIAM O. SUMNER Review Online
JOHN M.
TEMPLETON, JR.
CHRISTOPHER
WALKER
WALTER E.
WILLIAMS
ANN & CURTIN

WINSOR Edward Crane, founder and president Margaret Tse (left), CEO of the Instituto Liberdade
of the Cato Institute (Washington, (Brazil), and Dora de Ampuero (right), founder and exec-
DC), offers one of the toasts to free- utive director of the Instituto Ecuatoriano de Economia
32 dom during the Freedom Dinner. Politica (Ecuador)
Freedom Dinner
Murray, W.H. Brady Scholar at the American Enterprise Institute; a tribute to Milton
Friedman by Atlas president, Alejandro Chafuen; and the presentations of the Freda Utley
Prize for Advancing Liberty (see page 38) and the Templeton Freedom Award for Initiative in SPECIAL THANKS TO
THE 2006 FREEDOM
Public Relations (see pages 32-33). All photos are courtesy of Kulik Photography.
DINNER SPONSORS:
PLATINUM CIRCLE
CHASE FOUNDATION
OF VIRGINIA
BRIDGET & BARRY

CONNER
DAN GROSSMAN
GOLD CIRCLE
DENYSE & TIMOTHY
(Left to Right) Nat Moffat, Norma Zimdahl, Atlas During the dinner, Atlas’s Jo Kwong
board member Abby Moffat and Josephine Pelletter presented the 2006 Freda Utley Prize
BROWNE
with Shirley and Marek Chodakiewicz at the reception for Advancing Liberty to Paata
Sheshelidze, president of the New
THOR HALVORSSEN
Economic School – Georgia (NESG).
J.P. HUMPHREYS
FOUNDATION
e are not going to achieve the next
“W great movement toward liberty by
promising tax cuts. We are not going to do it
GERRY OHRSTROM
ANDREA & HOWARD
RICH
by promising higher economic growth rates.
We are not going to do it by economic argu- WILLIAM SUMNER
ments, period. Rather we are going to do it CHRISTOPHER
by convincing people that what is true of WALKER
Charles Murray Keynote
Speaker. W.H. Brady Scholar their own lives is also true of others’ lives.”
at the American Enterprise ANN & CURTIN
Institute (Washington, DC); WINSOR
Author of several books including Losing Ground (1984), In Pursuit: Of Happiness and
Good Government (1989), What it Means to be a Libertarian (1997), and In Our Hands:
A Plan to Replace the Welfare State (2006)
SILVER CIRCLE
DONORSTRUST
THE FUND FOR
AMERICAN STUDIES
THE ROE
FOUNDATION
ALEXANDRA &
MARSHALL STOCKER
JOHN M.
TEMPLETON, JR.
Fraser Institute Foundation (Left to Right) Kerry Howley (Reason Magazine), Joanna
(Canada) President Michael Walker Robinson (Acton Institute, MI), Mustafa Akyol (Turkish
offers the evening’s third toast to Daily News, Turkey) and Jay Richards (Acton Institute,
freedom. MI) at the general reception 33
Templeton Freedom Awards
By Alejandro A. Chafuen, President & CEO
D uring the four years of the Templeton

Freedom Awards Program, the Atlas Economic
Research Foundation received 775 applications from
83 countries. In 2007 alone, Atlas collected 200 appli-
cations from 53 countries. The awards given through
this program recognize organizations that can provide
high returns in the creation of intellectual capital. In
most cases, the winners come from countries with little
existing work on advancing freedom. Our program • The 2007 TFA Winners, Liberty Forum 2007- Philadelphia, Pennsylvania
recognizes think tanks working in the area of social
entrepreneurship, poverty alleviation, education, and
values and morality.
As Atlas’s Yiqiao Xu and Brad Lips stated during the

April 2007 award ceremony at Atlas’s Liberty Forum,
“the judges look for indicators of good governance,
leadership, and operating procedures—factors that
assure us that steps are being taken to limit the risks of
investment. The result is a diverse portfolio of excit-
ing, accomplished think tanks from around the
world.”
• The 2006 TFA Winners, Liberty Forum 2006- Colorado Springs, Colorado
As an international program, the Templeton Freedom

Awards face the challenge of assessing think tanks
working in very different settings. If you have a
chance to travel near one of Atlas’s Templeton
Freedom Award-winning institutes, I hope that you
will contact and visit these groups. These organiza-
tions serve as outposts and milestones in the path
toward establishing and discovering the freedoms that
are so cherished by Atlas the John Templeton
Foundation.
In our coming years, we will strive to help transform • The 2005 TFA Winners, Liberty Forum 2005- Miami, Florida
some of the winning think tanks into regional hubs,
working better with their neighboring countries and
with renowned policy leaders. The Templeton
Freedom Awards seek to encourage think tanks to aim
high and be humble, always trying to learn more
without being afraid of making mistakes, ultimately
leading to innovative ideas and policy solutions.
• The 2004 TFA Winners, Liberty Forum 2004- Chicago, Illinois

Sir Antony Fisher Memorial Awards
F
Forum and financial prizes are
awarded for their operating budgets.
or his defense of freedom and dedication to liberty, The winner of the Young Institute
Antony Fisher was knighted by Queen Elizabeth II in 1988, category (less than five years old)
only weeks before he passed away. In 1990, through the gen- receives $10,000, the Established
erosity of his relatives and friends, Atlas established the Sir Institute (five years or older) winner
Antony Fisher International Memorial Awards to commemo- receives $5,000, and the Innovative
rate his ideals and achievements. Projects winner, $2,000.
The award recognizes independent public policy institutes Due to an increase in the number
that have published a book, magazine, report, monograph, or of applications—over 190 applications just in the last 3 years—
study within the past two years that, in the opinion of the Atlas has moved up the nomination deadline to December 1,
judges, has made an outstanding contribution to the public 2007, to allow more time for the judging process. Atlas would
understanding of the free society. like to thank all the judges that have contributed to the Fisher
Winning institutes are announced at Atlas’s annual Liberty Awards over the past 18 years (see back cover).
TaxPayers’ Alliance (U.K.): The Institute of Economic Affairs Polish Society of
2007 Bumper Book of Government Waste

by Matthew Elliott and Lee
(U.K.): The Welfare State We’re In
by James Bartholomew, 2007.
Economists (Poland):
Which Way to Wealth
Rotheram, 2007. Creation?
Independent Institute Scientific Research Fundación Friedrich A. Maxim

(U.S.): Liberty for Latin America: Mises Center (Belarus): Von Hayek (Argentina): Institute (New
2006 How to Undo Five Hundred
Years of State Oppression by
Belarus: Road to the Future,
edited by Jaroslav Romanchuk
Fundamental Rights and Legal
and Institutional Order in Cuba
Zealand): Parent
Factor Reports.
Alvaro Vargas Llosa, 2005. and Leonid Zaiko, 2005. by Ricardo Rojas, 2005.
Property and Environment Instituto de Ciencia Fundación Fundar (Argentina):
2005 Research Center (U.S.): The Not So

Wild, Wild West by Terry L. Anderson
Politica (Colombia):
Perspectiva magazine.
Fair Hand: A Reflection on Public
Insecurity and a Proposal to Solve the
and Peter J. Hill, 2004. Crisis by Eugenio Burzaco.
Property and Environment Research Centro de Investigaciones Económico
2004 Center (U.S.): Eco-Nomics: What Everyone

Should Know About Economics and the
Nacionales (Guatemala): The Relationship Between
Economics and Social Policies 2004-2007, 2004.
Environment by Richard Stroup, 2003.
Cato Institute (U.S.): Against the Atlantic Institute for Instituto Libertad y Desarrollo
2003 Dead Hand: The Uncertain Struggle

for Global Capitalism by Brink
Market Studies (Canada):
Definitely NOT the Romanow
(Chile): Ideas for a Quality Education,
edited by María de los Angeles
Lindsey, 2001. Report Health Care Project. Santander, 2002.
Center for Liberal-Democratic Timbro (Sweden): Atlantic Institute for Market Studies (Canada):
2002 Studies (Yugoslavia): Corruption in

Serbia by Boris Begovic and Bosko
In Defense of Global
Capitalism by Johan
The Equalization Initiative [in cooperation with the
Frontier Centre for Public Policy (Canada) and the
Mijatovic, 2001. Norberg, 2001. Institut Économique de Montréal (Canada).]
Liberty Institute Instituto Libertad y Social Affairs Unit

(India): Population: Democracia (Peru): The Mystery of (U.K.): Dictionary of
2001 The Ultimate
Resource, edited by
Capital: Why Capitalism Triumphs
in the West and Fails Everywhere
Dangerous Words by Digby
Anderson, 2000.
Barun Mitra, 2000. Else by Hernando de Soto, 2000.
Association for Liberal Thinking Independent Institute (U.S.): To Serve
2000 (Turkey): Islam, Civil Society, and Market

Economy, edited by Atilla Yayla, 1999.
and Protect by Bruce L. Benson, 1998.

Unirule Institute (China): Fraser Institute (Canada): Economic
The Future of Chinese Ethics by
Yushi Mao, 1997.
Freedom of the World Index by James
Gwartney and Robert Lawson, 1999.
1999
Independent The Manhattan The Brookings Fundación de Estudios
Institute (U.S.): Taxing Institute (U.S.): The Institution (U.S.): Curb Energéticos
Choice: The Predatory Excuse Factory: How Rights: A Foundation for Latinoamericanos
Politics of Fiscal
Discrimination, edited
Employment Law is
Paralyzing the American
Free Enterprise in Urban
Transit by Daniel B. Klein,
(Argentina): Subsurface
Wealth: The Struggle for
1998
by William F. Shughart Workplace by Walter K. Adrian T. Moore and Privatization in Argentina by
II, 1997. Olson, 1997. Binyam Reja, 1997. Guillermo M. Yeatts, 1996.
National Center Institute of Economic Atlantic Institute for Market

for Policy Analysis Affairs, Health and Welfare Studies (Canada): Looking the Gift
(U.S.): Firing Line
Public Policy Debate
Unit, now Civitas (U.K.):
Community Without Politics
Horse in the Mouth: The Impact of
Federal Transfers on Atlantic Canada
1997
Project, 1996. by David G. Green, 1996. by Fred McMahon, 1996.
Reason Foundation Locke Institute (U.S.): Trade Independent Institute (U.S.): Cato Institute (U.S.):
(U.S.): Revolution at the
Roots: Making Our
Protection in the U.S. by Charles K.
Rowley, Willem Thorbecke and
The Academy in Crisis: The Political
Economy of Higher Education, edited
Simple Rules for A
Complex World by Richard 1996
Government Smaller, Richard E. Wagner, 1995. by John W. Sommer, 1995. A. Epstein, 1995.
Better, and Closer to
Home by William Institute of Economic Affairs, Heartland Institute (U.S.): Eco- Competitive Enterprise
Eggers and John Environment Unit (U.K.): Global Sanity: A Common-Sense Guide To Institute (U.S.): The True
O’Leary, 1995. Warming: Apocalypse or Hot Air? by Environmentalism by J. L. Bast, Peter State of the Planet, edited by
Roger Bate and Julian Morris, 1994. J. Hill and Richard C. Rue, 1994. Ronald Bailey, 1995.
Independent Institute Future of Cato Institute (U.S.): Libertad y Locke Institute

(U.S.): Beyond Politics: Freedom Perpetuating Poverty: The Desarrollo (Chile): (U.S.): Public Goods &
Markets, Welfare, and the Foundation (U.S.): World Bank, the IMF, and Today’s Tasks: Social and Private Communities:
Failure of Bureaucracy by Separating School the Developing World, Economic Policies for a The Market Provision 1995
William C. Mitchell and & State by Sheldon edited by Doug Bandow Free Society, edited by of Social Services by
Randy T. Simmons, 1994. Richman, 1994. and Ian Vásquez, 1994. Cristian Larroulet, 1994. Fred Foldvary, 1994.
Independent Institute Pacific Research Institute of Locke Institute Social Affairs

(U.S.): Out of Work: Institute (U.S.): Grand Economic Affairs (U.S.): Property Rights Unit (U.K.): The
Unemployment and Government Theft and Petit Larceny: (U.K.): Federalism and the Limits of Loss of Virtue,
in Twentieth-Century America
by Richard Vedder and Lowell
Property Rights in
America by Mark Pollot,
and Free Trade by
Jean-Luc Migué,
Democracy, edited by
Charles K. Rowley,
edited by Digby
Anderson, 1992.
1994
Gallaway, 1993. 1993. 1993. 1993.
Institute of Economic Affairs, Health National Center for Policy Analysis Urban Policy Research Institute,
& Welfare Unit, now Civitas (U.K.):
Families Without Fatherhood by Norman
(U.S.): Patient Power: Solving America’s
Health Care Crisis by John C. Goodman
now the Buckeye Institute (U.S.): Drug
Policy and the Decline of American Cities 1993
Dennis and George Erdos, 1993. and Gerald L. Musgrave, 1993. by Sam Staley, 1992.
CEDICE (Venezuela): Hong Kong Centre for Political Economy Research

Social Security in Economic Research: International Center & Pacific Research Institute
Venezuela by Carlos
Sabino and Jesús
Telecommunications in Hong Kong
by Milton Mueller, 1992.
for Public Policy (U.S.): Free Market
Environmentalism by Terry Anderson
1992
Rodriguez Armas, 1992. and Donald Leal, 1991.
Centro de Estudios Públicos Centre for Independent Fraser Institute (Canada):

(Chile): Combating Poverty: Innovative
Social Reforms in Chile During the
Studies (Australia): Welfare
State or Constitutional State?
Economics and the Environment:A
Reconciliation, edited by Walter 1991
1980s by Tarsicio Castañeda, 1990. by Suri Ratnapala, 1990. E. Block, 1990.
Pacific Research Institute (U.S.): Cato Institute (U.S.): The Instituto Libertad y Democracia
Advertising and the Market Process by
Robert B. Edelund, Jr., and David
Economic Consequences of
Immigration by Julian L.
(Peru): The Other Path: The Invisible
Revolution in the Third World by 1990
Saurman, 1988. Simon, 1989. Hernando de Soto, 1989.
Freda Utley Prize
[ New Economic School – Georgia ]
T he Freda Utley Prize for Advancing

Liberty, launched three years ago, is named
ized summer camps on “Lessons of Liberty.”
Altogether, over 2,300 people have attended
for the late Freda Utley, an outspoken NESG’s seminars to date.
writer and commentator against totalitar-
ian regimes like the Soviet Union and As one prize judge commented:
China. This $10,000 prize rewards the “NESG concentrates on training and
courage and efforts of think tanks in educating bright young people, which
difficult regions of the world that have is always the best way of having long-
been most effective in disseminating term impact. By teaching them how
information and promoting the ideas to use free markets to solve their own
of freedom—economic freedom, lim- problems and as well as common
ited government, rule of law and the problems, they…will instill a free
dignity of the individual. market attitude in these young folks
forever. And each convert should be
The winner of the 2006 Utley Prize was able to have influence on many more
the New Economic School - Georgia people. These are an extraordinary
(NESG). NESG is first free market and group of people who are doing great
public policy research think tank in whole things for the world, and by recognizing
Southern Caucasus. It was founded in 2001 them, from Washington, Atlas will no doubt
to disseminate and promote free-market ideas give them a tremendous morale boost in what
and policy solutions, opposing the old-fashioned are often difficult circumstances. Congratulations
Marxian-Keynesian ideology prevalent in the region for doing this.”
from Soviet times. NESG facilitates social change by educating
young, future leaders and current opinion makers. The first winner of this prestigious honor was the Association
of Liberal Thinking (ALT) of Ankara, Turkey in 2005. Atlas
Since its founding, NESG has held 45 local seminars and 27 will announce the 2007 Freda Utley Prize winner, selected by
international conferences promoting freedom in education, our distinguished independent panel of judges, at this year’s
philosophy, speech and other issues. NESG has also organ- Freedom Dinner in Washington D.C., on November 6, 2007.
hile the formal presentation of

W last year’s Freda Utley Prize
occurred at Atlas’s Freedom Dinner in
Washington D.C., Atlas also presented
this prize to NESG in Tbilisi, Georgia
during an NESG event. At the award
announcement, Atlas’s Brad Lips
remarked:
“NESG recognizes that the long-term
health of Georgia depends on cultivat-
ing leaders who respect the principles of
individual liberty, free enterprise and
limited government constrained by the
rule of law. The organization has
played a heroic role in building a net-
During Atlas’s Freedom Dinner, Jo Kwong work of young people in Georgia and Atlas’s Brad Lips announced NESG’s receipt
presented the Freda Utley Prize to Paata the Southern Caucasus who are dedi- of the Utley prize at a dinner organized by
Sheshelidze, president of the New NESG and Cato in Tbilisi, Georgia last
Economic School- Georgia. Freda Utley’s cated to these fundamental ideals.” October.
son, Jon Utley (right), was also there to cele-
brate this occasion. (Courtesy of Kulik Photogr.)

Teach Freedom Initiative
T
with the Center for Political and Economic
Thought (St. Vincent College).
he Atlas Economic Research Foundation’s
Teach Freedom Initiative (TFI) continues to expand TFI’s international programs included a conference
its efforts to promote scholars and institutions that which Atlas organized in Montreal with the Centre
desire to create academic centers to serve as alterna- for Human Rights and Legal Pluralism (McGill
tive channels to spread the principles of liberty and University) in November 2006, “Finding Common
a free society. The biased teaching in the majority of Ground: The Challenge of Freedom in the West
higher education institutions makes the programs and in the Muslim World.” In Latin America, Atlas
and activities offered by these university-based think continues to work with Francisco Marroquín
tanks crucial in reaching students. University (UFM, Guatemala), which was founded
more than 30 years ago by a group of Guatemalan
businessmen with a deep interest both in econom-
For two years Atlas has supported such centers. James Piereson, president of
ics and in the philosophy of freedom. Recently,
Through Atlas’s TFI program, the Center for the William E. Simon
Atlas co-sponsored a conference with UFM and the
Vision & Values (Grove City College), the Foundation and senior fel-
Milton Friedman Foundation to honor the legacy
Matthew Ryan Project (Villanova University), and low and director of
of Dr. Milton Friedman. In Asia, the University of
the Center for Political Economy and American Manhattan Institute's Center
the Philippines School of Economics, through a for the American University,
Constitutionalism (at inception stage, Rhodes
TFI grant, held a series of bimonthly seminars that moderated the panel,
College) have organized conferences and other stu-
have served as forums for scholarly research on the “Advancing Freedom in the
dent-oriented activities geared towards exploring Academy” at Atlas’s annual
Philippine and world economies.
the ideas of liberty and the philosophical founda- Liberty Forum in April.
tions of a free society. Atlas has also begun working
Think Tanks for a

Secure, Free Society topic of missile defense in Europe. Atlas also co-sponsored a
conference with the Lithuanian Free Market Institute
(LFMI), “Economic Threats and Economic Security. Who
Through its Think Tanks for a Secure, Free Society (SFS) pro- Pays the Bill?” This conference analyzed security concerns
gram, Atlas is developing a global network of independent relating to the worldwide trend toward liberalization of foreign
think tanks that focus on investment in the energy and
issues where economics transportation sectors. During
intersects with security, intel- Atlas’s Liberty Forum in April
ligence and defense. Atlas 2007, Atlas, along with Boris
launched SFS three years Begovic of the Center for
ago to address the lack of Liberal-Democratic Studies
free-market scholarship in (Serbia), launched the
this area around the world. Freedom Transparency
The SFS program works to Network, a new initiative
create bridges between secu- designed to contribute to the
rity experts already working ongoing fight against corrup-
in the field and institutes tion by connecting think tanks
that are beginning to address which focus on the issue by
these issues. Atlas’s SFS pro- Atlas’s president, Alex Chafuen (standing) and Boris Begovic sharing articles, information
gram promotes research, launched the Freedom Transparency Network (FTN) at this year’s and other assistance.
workshops and conferences Liberty Forum.
around the world, striving to Atlas is uniquely situated to
keep these topics at the forefront. help in this fight because of its reputation and its network of
international think tanks. By continuing to expand the efforts
This year, one of Atlas’s SFS partners, The Prague Security of our SFS program, and engaging the some of the best minds,
Studies Institute (PSSI), along with the Atlantic Council of Atlas and its benefactors are helping to pave the way for a more
the United States, conducted its first event in the U.S., on the secure and freer society.

Atlas Events Ar
Governing by Network Book Launch in Latin America
I n March, Stephen Goldsmith, former mayor of Indianapolis and current Daniel Paul Professor of
Government at Harvard University, joined Atlas president, Alex Chafuen in Chile and Argentina
to promote the Spanish translation the book he co-authored with William Eggers, Governing by
Network: The New Shape of the Public Sector.
During this trip, Goldsmith and Chafuen met with think tank leaders, and prominent government
and business leaders. Goldsmith was a keynote speakers at the Libertad y Desarrollo’s (LyD, Chile)
day-long conference, “Public Policies for a Free Society.” LyD chairman, Carlos Cáceres honored
Alex with a silver plaque for his “untiring work to spread freedom across the globe.”
In Argentina, Goldsmith and Chafuen held a book

presentation at Universida Austral and met with representatives of the
think tanks Recrear and Fundación Pensar Argentina, along with sev-
eral government legislators and representatives. A presentation, “El
Buen Gobierno, los Think Tanks, y la Academia” (“Good Government,
Think Tanks, and Academia”), held at Instituto Cultural Argentino
Norteamericano (ICANA), was sponsored by the Atlas Economic
Research Foundation, Atlas1853 (Argentina), and ICANA.
Stephen Goldsmith, co-author of Governing by Network: The New Shape
of the Public Sector, spoke during the Atlas-LyD event, “Public Policies
for the Free Society.”
Network of Latin American Journalists Bahamas Symposium
L ast July, journalists from Argentina, Chile, England,

Mexico, Peru and Venezuela gathered in Madrid,
T he Atlas Economic Research Foundation and the Nassau Institute co-
sponsored a symposium, “Changing the Direction of a Country to
Re-energize its Talents,” on June 21, 2007, at Atlantis, Paradise Island, in
Spain, to discuss the formation of a new network of jour-
the Bahamas. The Nassau Institute is a think tank dedicated to formulat-
nalists. The Network de Periodistas Latinos Americanos
ing and promoting public policies for the Bahamas based on the
(NEPLA) will connect and support journalists committed
principles of limited government, individual freedom and the rule of law.
to promoting free press, free markets and free elections.
Atlas and the Fundación Internacional para la Libertad During the event, James Shikwati of the Inter Regional Economic
(FIL) co-sponsored the meeting—which included former Network (IREN, Kenya) spoke on commercializing African entrepre-
Spanish Prime Minister José María Aznar and renowned neurship for wealth creation. Michael Fairbanks, of the consulting
Peruvian novelist, Mario Vargas Llosa—to discuss organization OTF Group, spoke on the Bahamas’ participation in global
NEPLA’s goals, challenges and activities. The journalists competition. Michael Walker, president of the Fraser Institute
expressed enthusiasm for the initiative, declaring that no Foundation (Canada), presented his research on market-oriented
similar organization exists in Latin America today. health care reform. This workshop was preceded by the John
Through exchange programs, training sessions and semi- Templeton Foundation board meeting, which also included an address
nars, this new network will help Latin American by Shikwati.
journalists conduct their work with greater skill and with a
more strategic
and interna-
tional vision.
Participants
and organizers
of the Atlas-FIL
journalism
James Shikwati spoke at the Atlas-Nassau Institute event,
event.
“Changing the Direction of a Country to Re-energize its Talents.”

r ound the World
Events in Poland International Thursdays
Alex Chafuen spoke at
I n October, the Polish-
American Foundation for
Economic Research and
various educational
institutions during his
trip to Poland
O n the third Thursday of every month, the Atlas Economic
Research Foundation hosts a forum for individuals and groups
in the Washington, D.C. area—as well as overseas visitors—to
Education exchange ideas and give updates on their latest international projects.
(PAFERE) sponsored Atlas’s International Thursdays bring together allies with interna-
a visit to Poland by tional interests in an informal setting, to share perspectives on
Atlas president, Alex developments overseas and to provide opportunities for networking
Chafuen. During and discovering synergies. This program was launched in April 2005
his trip, Alex gave a as a part of Atlas’s ongoing efforts to connect freedom fighters around
90-minute prime- the world and to strengthen and grow the international network of
time TV interview free market think tanks. International Thursdays are open to every-
for a viewing audi- one interested in learning about promoting freedom. Please visit the
ence of 700,000 on Atlas Web site at www.AtlasUSA.org to find out when the next
the topic of the International
Christian foundations of free-market economics. He also Thursday will be
met with representatives of Gosc Niedzielny, the third held. We hope to
largest Polish weekly publication and was interviewed by see you then!
a Polish newspaper and other groups.
Alex spoke at the Higher Clerical Seminary, Opole Hamid Dalglijli
University (Theology department) and discussed his of the Free Minds
paper, “Quo Vadis Latin America (not yet published, Association
but was delivered at Hillsdale College’s Durell shared about the
work his institute
Colloquium),” at the Warsaw School of Economics. is doing in
While Alex was the first economist to speak at these Azerbaijan.
seminaries, he found the questions asked by audience
members to reflect a positive perspective of the free
society.
During this trip, Atlas sponsored two dinners. The first
included a mixture of bright students with back-
grounds in history, political science and economics;
SAVE THE DATE
the second included individuals from PAFERE, Mises 2008 Liberty Forum
Institute in Poland, and other leaders in Poland’s free- April 25-26
dom movement.
Immigration Dialogue
D uring 2007, Atlas partnered with the Friedrich

Naumann Foundation (FNF, Germany), for
several Latin America-focused conferences. The first,
“Perspectives and Proposals for Immigration,” was
held in San Diego, California, and focused on the
issue of U.S.-Latin American immigration policy. In
May, Atlas also co-sponsored a conference with the Please join us April 25-26, 2008 for Atlas’s 8th annual Liberty
region-wide pro-freedom network Red Liberal de Forum in Atlanta, Georgia. The event will be held after the
América Latina (RELIAL) and FNF, where think Heritage Resource Bank at Atlanta’s Sheraton Hotel. Be sure
tank leaders and policy makers exchanged ideas and to check the Atlas website www.AtlasUSA.org for more infor-
cultivated relationships. mation in the upcoming months. We hope to see you then!

Financial Overview
Theof theAtlasdonors
Economic Research Foundation places the highest priority on earning the trust and loyalty
who support its mission. We are steadfast about honoring donor intent, keeping our
organization lean, and operating in a transparent and open manner. We are proud to report that this
year we have earned Charity Navigator’s highest (four star) rating.
Each year, Atlas posts its tax returns and audited financial statements on its
Web site (www.AtlasUSA.org) as soon as they are available. Below is a
summary of Atlas’s most recent audited financial statements.
Statement of Financial Position

December 31, 2006 December 31, 2005 December 31, 2004
Current Assets 2,384,736 2,458,132 2,087,007
Pledges Receivable (non-current) 212,563 436,737 436,737
Other Long-Term Assets 494,466 414,527 450,075
Total Assets 3,091,765 3,383,238 2,973,819
Current Liabilities 86,715 79,012 37,425

Long-Term Liabilities 37,169 50,705 4,876
Total Liabilities 123,884 129,717 42,301
Unrestricted Net Assets 738,825 563,608 579,256

Restricted Net Assets 2,229,056 2,405,465 2,185,749
Total Net Assets 2,967,881 3,253,521 2,931,518
Statement of Activities
2006 2005 2004
Contributions 4,526,875 4,108,746 2,834,681
Other Income 106,409 77,568 61,443
Total Revenue 4,633,284 4,186,314 2,896,124
Program Services 4,337,126 3,417,190 2,882,764

Management 263,565 226,642 222,440
Fundraising 318,233 220,479 128,293
Total Expenses 4,918,924 3,864,311 3,233,497

The steady growth in Atlas’s budget over recent years is reflected in the chart below, which
presents three-year, trailing averages in our total revenues and expenses. Because multi-
year donations are booked entirely in the year in which they are pledged, these trend lines
tend to more accurately reflect Atlas’s financial condition than the year-by-year results.
s
on
illi Expense Revenue
$M
4.0
3.6
3.2
2.8
2.4
2.0
2000 2001 2002 2003 2004 2005 2006
Atlas Revenue and Expense Trends

Trailing 3-Year Averages
In 2007, Atlas is on its way to achieving its highest-ever revenue total, for the third year
in a row.
We find it very encouraging to know that, as Atlas’s programs are touching the lives of ever
more beneficiaries around the world, more and more donors are joining to support our work.
Your continued support of Atlas is crucial to our efforts of spreading the ideas of freedom
around the world. You can be confident that we remain dedicated to our mission and to the
standards of professionalism that you have come to expect.

Thank You
As we close out 2007, the Atlas Economic Research Foundation would like to thank all of the judges who make our
prize programs possible. These programs give credibility to those individuals and institutes that are most- effectively
working to spread the ideas of freedom around the world. The added credibility given to the winning institutes adds
to their effectiveness by helping with fundraising and increasing their media exposure. The application process also
helps Atlas to identify new individuals, organizations and projects to assist, mentor and publicize.
Sir Antony Fisher International Memorial Awards

A tlas would like to recognize and thank all the judges who have helped with the judging process for
the Sir Antony Fisher International Memorial Awards, established by Atlas in 1990 to honor its late founder.
This annual program recognizes outstanding publications produced by independent public policy research
institutes. (Read more about this award on pages 34-35).
Current & Past Judges: Nigel Ashford (2003-present), Johan Westholm (2002-present), and Edwin West,
John Blundell (founding judge, 1990-1993), Donald deceased (1990-2000).
Boudreaux (2002-present), James Buchanan (1990- Adjunct Judges (help review certain foreign language
2002), Alejandro Chafuen (1990-present), Israel Kirzner publications): Brian Lee Crowley, Peter Kurrild-
(1990-2001), Henri Lepage (1990-2001), Norman Klitgaard, Jan Malek, José María Marco, Elena
Macrae (1990-2001), Antonio Martino (1990-1997), Leontjeva, Steve Pejovich, Borut Prah, Ralph Raico,
Maurice McTigue (2001-present), Bridgett Wagner Randy Simmons, Jon Utley, Ian Vásquez, Richard Wong,
(2003-present), Christian Watrin (1998-present), Carl- and Kate Zhou
Freda Utley Award for Advancing Liberty

T he Atlas Economic Research Foundation would like to thank the judges for the Freda Utley Award
for Advancing Liberty, which is now in its second year. Atlas established the Freda Utley Prize for
Advancing Liberty to reward the efforts of think tanks working in difficult parts of the world that have been
most effective in spreading the ideas of freedom: limited government, the rule of law, free enterprise and
the dignity of the individual. (Read more about this award on page 38).
Judges: Carlos Ball, Kris Mauren, Steve Pejovich, Andrea Rich, Alfred Regnery.
Templeton Freedom Awards

A tlas would like to offer its gratitude to the Advisory Council members of the Templeton Freedom
Awards. Atlas’s Templeton Freedom Awards (TFA) program recognize new institutes with exceptional future
promise, as well as outstanding work by leading think tanks in the areas of free-market solutions to poverty,
ethics and values, social entrepreneurship and outreach to students. From 2004 to 2007, Atlas has distributed
more than US$1,250,000 in TFA Prizes and Awards. (Read more about these awards on pages 32-33)
Jay Ambrose James Buchanan Kenneth Grubbs Jennifer Roback Morse Claudia Rosales y Rosales
Mariano Artigas Cristina Burelli James Gwartney Mohit Satyanand Nathan Rosenberg
Nigel Ashford John W. Cooper Carl Helstrom III Menlo Smith Jonathan Sacks
Howard Baetjer Ramon P. Diaz Peter Hill Michael Novak Vinay Samuel
Whitney Ball Jean Bethke Elshtain Lawrence Kudlow Herman Obermayer Charles Townes
Robert Barro Leonardo Facco Treviglio Chandran Kukathas Ricardo Peirano Nancy Truitt
Mara Batlin Steve Ferguson Deepak Lal Sam Peltzman Bernardo Villegas
Calvin Beisner Todd Flanders Winston Ling Daniel S. Peters Damian von Stauffenberg
Alberto G. Bochatey Mary Glendon David Lips Philip Pettit Shalini Wadhwa
Peter Boettke Stephen Goldsmith Joseph McPherson Richard Pipes Muhammad Yunus Dhaka
Norman Bowie Grace Goodell Liu Kin Ming Alfred Regnery Fareed Zakaria
Vince Breglio Mario Gabriel Griffa John Moore Jay Richards
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Atlas

Middle East & North Africa . . . . . . . . .10

Asia & the Pacific . . . . . . . . . . . . . . . . .14

20 Years with Atlas . . . . . . . . . . . . . . . .16

A Tribute to the St. Angelos . . . . . . . . .18

Creating a Better Future . . . . . . . . . . . .19

Catalyst and Connector . . . . . . . . . . . .20

The Atlas Experience . . . . . . . . . . . . . .22

Create a Legacy of Freedom . . . . . . . .24

How You Can Advance Freedom . . . . .25

The 2007 Liberty Forum . . . . . . . . . . .26

The Revival of Classical Liberalism . . .28

Reception in Honor of Leonard Liggio . .30

FSSO Report . . . . . . . . . . . . . . . . . . . .31

The 2006 Freedom Dinner . . . . . . . . .32

Templeton Freedom Awards . . . . . . . .34

Sir Antony Fisher Awards . . . . . . . . . . .36

Freda Utley Prize . . . . . . . . . . . . . . . . .38

TFI and SFS Reports . . . . . . . . . . . . . . .39

Atlas Events Around the Globe . . . . . .40

Financial Overview . . . . . . . . . . . . . . .42

Thank You to Prize Judges . . . . . . . . . .44

Board of Directors Atlas Network Growth

2 Atlas c Year-in-Review 2007

In turn, we know that you take pride in your important role:

Outside of the developed and

Atlas c Year-in-Review 2007 3

T he Universidad Francisco Marroquin (UFM) in

4 Atlas c Year-in-Review 2007

J osé Cantero launched Fundación Primero

ablo Arosemena launched R icardo Salles founded the Movimento

Atlas c Year-in-Review 2007 5

“A tlas’s long-term commitment to making the world a freer

J ohn Carpay (Canadian Constitution Foundation) con-

6 Atlas c Year-in-Review 2007

Rio Grande Foundation During RGF’s Friedman Day celebration,

Institute Policy Impact

T he Show-Me Institute, a Missouri-based free-market

Atlas c Year-in-Review 2007 7

Country Feature: Poland

8 Atlas c Year-in-Review 2007

“A tlas provided an internship for me, allowing me to understand

A fter experiencing the negative outcomes of nationalistic and collectivist ideas,

Atlas c Year-in-Review 2007 9

Esra’a Al Shafei (Bahrain), Mideast Youth

Essay Contest Winner

L iving under the Taliban and fleeing his

“One amazing idea I learned about during the program,

Mohammad Azraq (Jordan), regarding the Student

10 Atlas c Year-in-Review 2007

news from the growing number of institutes in the region, from

A nother one of Atlas’s successes in 2007 involved partnering with its

12 Atlas c Year-in-Review 2007

A rriving at the airport for an Atlas fellowship in April 2002, James

Charles Harper (left), senior vice president of the John

Atlas c Year-in-Review 2007 13

T he Center for Free

Intellectual Entrepreneur T he Chinese Hayek Society (CHS) was estab-

14 Atlas c Year-in-Review 2007

A fter a four-year campaign led by Trupti Mehta at