Last fall Charles Koch received the William E. Simon Prize for Philanthropic Leadership at Philanthropy Roundtable’s 20th Annual Meeting. In his acceptance speech, Mr. Koch discusses economic freedom, Market-Based Management®, and applying MBM® to philanthropy.
“My own philanthropic efforts were shaped in the early ’60s… by my passion to understand the principles underlying peace and prosperity. Because of that passion I read everything I could on the subject from every discipline and perspective. Along the way I encountered the writings of people like Von Mises, Hayek, Friedman, and so on. And they convinced me that societal well-being was only possible in a system of economic freedom, and as you know I’ve been a strong proponent of that view ever since.” – Charles Koch
View his remarks below.