The document discusses the history and purpose of the Liberty Fund organization. It provides background on how Pierre Goodrich founded the organization in 1960 to encourage the study of individual liberty through educational programs like conferences, publishing, and online resources. The Liberty Fund seeks to advance understanding of liberty through respectful discussion of ideas from thinkers across history in various disciplines.

2. The cuneiform inscription is the earliest-known written
appearance of the word “freedom” (amagi), or “liberty.”
The inscription comes from a clay document written about
2300 b.c. in the Sumerian city-state of Lagash.
“…to use this Fund
to the end that some
hopeful contribution
may be made
to the preservation,
restoration, and
development of
individual liberty
through investigation,
research, and
educational activity.”
P I E R R E F. G O O D R I C H

3. Liberty Fund, Inc. is a private,
educational foundation established to
encourage the study of the ideal
of a society of free and responsible
individuals. We develop, supervise,
and finance our own educational activi-
ties to foster thought and encourage
discourse on enduring issues pertaining
to liberty.
Each year, Liberty Fund conducts more than 150
conferences throughout the United States, Canada,
Latin America, and Europe. We publish as many as
20 or more books each year covering topics in history,
politics, philosophy, law, education, and economics.
We also offer three online libraries and an interactive tour
to encourage discussion of ideas pertaining to liberty.
These programs focus on the place individual liberty
has in an intellectual heritage evident from ancient
times and continuing through our own times. They are
intended to enrich understanding and appreciation of
the complex nature of a society of free and responsible
individuals and to contribute to its preservation.
By provoking thought about fundamental themes in
many disciplines and areas of investigation, our
programs seek to contribute to the understanding and
appreciation of individual liberty and human
responsibility.
As a tax-exempt, private operating foundation, Liberty
Fund’s purposes are educational and intellectual.
We do not, therefore, engage in politics or political
action of any kind. We fulfill our mission by con-
ducting programs, not by awarding grants
to outside organizations or individuals.
ourpurpose

4. Liberty Fund Incorporated
Pierre F. Goodrich, an Indianapolis business-
man and lawyer, founded Liberty Fund in
1960. Upon his death in 1973, Mr. Goodrich
left most of his estate to the Foundation for
the purpose of exploring the many dimensions
of liberty. Today, we continue to be guided
by his philosophy and instructions in develop-
ing specific programs.
A
founder
with
vision
1894
Pierre F. Goodrich
is born.
1912
Graduates
Winchester
High School.
Enrolls
at Wabash
College.
1919
Graduates
Harvard Law
School.
1920
Begins prac-
ticing law in
Winchester,
Indiana.
1890 1900 1910 1920 1930
1890 1900 1910 1920 1930
1890 1900 1910 1920 1930
1890 1900 1910 1920 1930
1890 1900 1910 1920 1930 1
1890 1900 1910 1920 1930 1
1890 1900 1910 1920 1930 1
1890 1900 1910 1920 1930 1

5. ‘‘The freedom to [make choices],coupled with the
responsibility of abiding by the results of that choice,
is a necessary part of maintaining liberty.’’
—Pierre Goodrich,Basic Memorandum
3
Mr. Goodrich was a man of extensive intellectual
interests who reflected deeply upon the human condition.
He read widely from Aeschylus, Thucydides, Cicero,
St. Augustine, John Locke, Adam Smith, and others in the
Great Books tradition.
He believed the responsible course of action in an
imperfect world is to make choices that favor liberty
from among the imperfect options available. A com-
mitment to liberty in all its dimensions offers the
best chance to fragment and decentralize power and to
release individual, creative initiative.
Mr. Goodrich also believed that education in a free society
requires a dialogue centered in the great ideas of civilization.
He saw learning as an ongoing process of discovery not
1934
Becomes
lifelong
president
and chairman
of Indiana
Telephone Corp.
1960
Founds
Liberty
Fund.
1973
Pierre F.
Goodrich
dies.
1941
Marries
Enid Smith.
1940
Becomes life-
long president
of People’s
Loan and Trust
Company.
1949
Begins serving
on the China
Foundation’s
Finance
Committee.
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1930 1940 1950 1960 1970
1959
Completes
Goodrich Seminar
Room at Wabash
College.
limited to traditional institutional settings or specific ages.
Education is, in his view, a lifelong responsibility of each
individual.
In accordance with the ideals of Mr. Goodrich, Liberty
Fund is intellectually and uncompromisingly committed
to liberty.
Enid Goodrich
1902–1996
Pierre F. Goodrich
1894–1973
1945
Establishes the
Winchester
Foundation.

6. engagingconferences

7. Liberty Fund conferences are intended to
illuminate some aspect of human liberty
and responsibility. These small scholarly
conferences generally assume an inter-
disciplinary focus. To date, we have held
more than 3,000 in the United States
and abroad. Our conferences are attended
by invitation only.
Our Conference
program
Liberty Fund’s conference program reflects our
founder’s conviction that education in a free society
requires a dialogue among active minds freely engaged
in pondering the ideas that have shaped human
civilization in general and the free society in particular.
A common set of readings is distributed to each
conferee well in advance of the conference and serves
as the focus for the discussion. These readings are not
intended to convey a particular point of view but rather
to provide a starting point for discussion.
The purpose of the discussions is neither to convey
doctrine nor to drive home certain conclusions. Each
conference challenges conferees to examine, refine,
and extend their own ideas in the company of inquir-
ing colleagues who also are interested in questions
of liberty and responsibility. The conversations result
in ideas that mold Liberty Fund’s program agenda and
publishing philosophy for the future.
From our long experience with conferences, we have
concluded that a Socratic discussion format is
the most conducive to a full and open exploration of
ideas. As a result, all of our conferences are round-
table in nature.
The exchange of ideas is facilitated by a scholar
chosen to lead the discussion but who is neither a
conferee nor an advocate.
5
Education and
Republican
Liberty
Freedom,
Development,
and Poverty
Character,
FreeWill,and
Responsi-
bility
Intellectuals,
Liberty,and
Ideology
Just and
UnjustWar
Liberty and
Responsi-
bility in the
Thought of
F.A.Hayek
Some
Conference
Topics

8. Liberty Fund Incorporated6
‘‘What spectacle can be more edifying
or more reasonable than that of
liberty and learning, each leaning
on the other for their mutual and
surest support?’’
—James Madison toW.T.Barry,1822
Most of our conferences fall into one of two categories:
Colloquium
Discussion at colloquia is based on previously
published writings. A careful selection of readings is
conducive to substantive intellectual exploration.
Symposium
Some topics explore new areas and lend themselves
to the preparation of new papers. In these cases, we
commission original papers—usually no more than
five per conference. Original papers are background
readings, but they are not presented nor are they
the subject of formal comments.
Liberty Fund conferences focus on themes in
economics, history, law, political thought, literature,
philosophy, religion, and the natural sciences.
We usually invite groups of about fifteen people
with differing views and from several disciplines.
Conferences usually include six sessions and time for
productive, informal discussions over two full days.

9. Affirming the ideals of individual liberty
7
Co-sponsored programs are designed to expand and
increase the scope of Liberty Fund’s conference
activities. Along with our co-sponsoring institutions,
we conduct educational programs that advance
the exploration of liberty and the ideal of a free and
responsible society.
Our professional staff develops and approves the
intellectual content of all co-sponsored conferences,
while our co-sponsors take responsibility for the
administration and overall execution of the programs,
including participant selection.
Co-sponsored conferences may vary significantly
from Liberty Fund’s traditional conference format.
Participants at co-sponsored programs are typically
undergraduate students, graduate students, high school
teachers, non-academic professionals, or academics.
Conferences in Latin America may be conducted in
Spanish or Portuguese.
co-sponsored
Conferences
Co-Sponsors
Acton
Institute
Austrian
Economics
Center
Bill of Rights
Institute
Cato Institute
Charles Koch
Institute
The Federalist
Society for
Law and
Public Policy
Studies
Fundación
Libertad
The
Fund for
American
Studies
Institute for
Humane
Studies
Intercollegiate
Studies
Institute
John M.
Ashbrook
Center for
PublicAffairs
The
McConnell
Center
Mercatus
Center
Property and
Environment
Research
Center
Students for
Liberty
Universidad
Francisco
Marroquín

10. 8 Liberty Fund Incorporated
Ideasthrough Books

11. 9
Great books are the repository of
knowledge and experience. Liberty Fund
seeks to preserve the learning of the
ages and to strengthen our understanding
and appreciation of individual liberty.
our PUBLISHING
PROGRAM
For nearly four decades, Liberty Fund has published new,
authoritative editions of classic works in American history,
law, economics, European history, political philosophy,
education, and classical studies—books of enduring value
that have helped to shape ideas and events in humanity’s
quest for liberty, order, and justice.
Liberty Fund books are edited in accordance with the highest
standards of scholarly publishing. Many include new non-
interpretive forewords, prefaces, or introductions by leading
specialists, as well as annotations, bibliographies, and
indexes. Our books are not only beautifully produced but are
also priced to ensure their availability to all serious readers.
Below are selections from the more than 375 titles we offer:
American History
The Revolutionary Writings of Alexander Hamilton.
Edited and with an introduction by Richard B. Vernier.
Foreword by Joyce Appleby.
The Federalist: The Gideon Edition. Edited by George
W. Carey and James McClellan.
The Founders’ Constitution (five volumes). Edited by
Philip B. Kurland and Ralph Lerner.
Law
The Selected Writings of Sir Edward Coke (three
volumes). Edited by Steve Sheppard.
The History of English Law before the Time of
Edward I, by Sir Frederick Pollock and Frederic William
Maitland.
A Concise History of the Common Law, by Theodore
F. T. Plucknett.

12. 10
Liberty Fund has published a significant series in cooperation with
Oxford University Press:The Glasgow Edition of theWorks and Correspondence
ofAdam Smith.This is the first uniform collection ofAdam Smith’s writings,
available in paperback only. The series comprises:
• TheWealth of Nations (two volumes)
• TheTheory of Moral Sentiments
• Lectures on Jurisprudence
• Essays on Philosophical Subjects
• Correspondence of Adam Smith
• Lectures on Rhetoric and
Belles Lettres
• Index to theWorks ofAdam
Smith
Economics
The Liberty Fund Library of the Works of Ludwig
von Mises. Edited by Bettina Bien Greaves. Includes
Human Action (in four volumes), Bureaucracy, and
Theory and History.
The Collected Works of F. A. Hayek. Includes Hayek
on Hayek, edited by Stephen Kresge and Leif Wenar;
Contra Keynes and Cambridge, edited by Bruce
Caldwell; Good Money, Part I, and Good Money, Part II,
edited by Stephen Kresge.
The Concise Encyclopedia of Economics. Edited
by David R. Henderson.
The Collected Works of Armen A. Alchian. Edited
by Daniel K. Benjamin.
Natural Law and Enlightenment
Classics Series
Under the general editorship of Knud Haakonssen,
this series of over forty volumes, spanning the seven-
teenth and eighteenth centuries, presents not only
some of the most famous figures from this period,
but also the lesser-known theorists who contributed
their part to the contest of ideas. Works by Hugo
Grotius, Samuel Pufendorf, Francis Hutcheson, Jean-
Jacques Burlamaqui, George Turnbull, Emer de Vattel,
Jean Louis De Lolme, Christian Thomasius, Richard
Cumberland, John Millar, Pierre Bayle, Henry Home,
Lord Kames, James Mackintosh, David Fordyce,
Nathaniel Culverwell, Gershom Carmichael, Johann
Gottlieb Heineccius, Francisco Suarez, Robert
Bellarmine, and Christian Wolff are included in this
expertly edited collection.

13. European History
The History of England (six volumes), by David
Hume.
The French Revolution (three volumes), by
Hippolyte Taine.
Select Works of Edmund Burke (three volumes).
A new imprint of the Payne edition.
Modern Political Philosophy
Democracy in America, De la Démocratie en
Amérique (French-English bilingual edition in four
volumes), by Alexis de Tocqueville. Translated by
James T. Schleifer, edited and with an introduction
by Eduardo Nolla.
A Letter Concerning Toleration and Other
Writings by John Locke. Edited and with an intro-
duction by Mark Goldie.
Considerations on the Principal Events of the
French Revolution by Germaine de Staël. Edited and
with an introduction by Aurelian Craiutu.
Principles of Politics Applicable to All
Governments by Benjamin Constant. Translated
by Dennis O’Keeffe, with an introduction by Nicholas
Capaldi.
DVDs
Liberty Fund has produced more than forty DVDs that
are for sale in the Liberty Fund Books catalog that
is available in print and online at www.libertyfund.org.

14. onlineresources

15. 13
Continue the discussion about liberty
anywhere you go. Liberty Fund extends
its educational activities, without
cost to the public, through several
online libraries and resources.
Library of Economics
and Liberty
econlib.org
This site is dedicated to advancing
the study of economics, markets,
and liberty. It offers a unique
combination of resources for stu-
dents, teachers, researchers, and
aficionados of economic thought,
including blogs and podcasts.
Online Library of Liberty
oll.libertyfund.org
This award-winning site provides
over one thousand titles about
individual liberty, limited govern-
ment, and the free market. In
addition to the classic books on
liberty, there are educational
aids and guides to help readers
understand the texts.
360° of Liberty
goodrich.libertyfund.org/goodrich
The Goodrich Seminar Room
Interactive Tour uses 360° digital
photography to allow users to
virtually explore the unique confer-
ence room designed by Pierre F.
Goodrich.
Library of Law
and Liberty
libertylawsite.org
The Library of Law and Liberty
focuses on the content, status, and
development of law in republican
and limited government. This site
brings together serious debate,
commentary, essays, book reviews,
podcasts, and educational material
in a commitment to the first
principles of law in a free society.

16. rigveda
Roomfor inspiration

17. 15
The Goodrich Seminar Room at Wabash
College is a gateway to exploring the
meaning of liberty and the nature of
a free society. Carved into limestone walls
are important names and significant
developments in the history of freedom,
from the third millennium b.c. to the
Declaration of Independence.
Continuing the Conversation
In March 1957, Pierre F. Goodrich began planning the
Goodrich Seminar Room for the Lilly Library of Wabash
College. Completed two years later, the room provides
a practical tool for understanding the evolution of the
idea of individual liberty. The room makes Mr. Goodrich’s
intent immediately clear, presenting names and events
as a dialogue through time, in which the idea of liberty,
developed and transmitted from generation to gener-
ation, is a theme of a long historical conversation that
continues to the present day.

18. Board of Directors
Terry W. Anker
Roseda D. Decker, Founder Member Emerita
Richard W. Duesenberg
Giancarlo Ibárgüen S.
Joseph F. Johnston, Jr.
Leonard P. Liggio
Mary A. O’Grady
Emilio J. Pacheco, Executive Vice President and
Chief Operating Officer
Ben A. Rast
T. Alan Russell, Chairman
Dane Starbuck
Chris L. Talley, President and Chief Executive Officer
Richard A. Ware, Emeritus
Officers
T. Alan Russell, Chairman
Chris L. Talley, President and Chief Executive Officer
Emilio J. Pacheco, Executive Vice President and
Chief Operating Officer
Douglas J. Den Uyl, Vice President of Educational Programs
Patricia A. Gallagher, Vice President of Publishing
Sandra J. Schaller, Vice President and
Controller, Secretary-Treasurer
JoAnne W. Shepler, Assistant Secretary
Liberty Fund Fellows
Steven D. Ealy, Senior Fellow
Hans L. Eicholz, Senior Fellow
Christine D. Henderson, Senior Fellow
G. Patrick Lynch, Senior Fellow
Peter C. Mentzel, Senior Fellow
James F. Cote, Fellow and Director of Information Services
Nicolás Maloberti, Fellow
Richard M. Reinsch, Fellow
Sarah E. Skwire, Fellow
Amy M. Willis, Fellow
Mark E. Yellin, Fellow
Leonidas Zelmanovitz, Fellow
16
sustaining
liberty
Stimulating conversations about liberty has been the
mission of Liberty Fund for the past fifty years.
Today, we continue Pierre Goodrich’s vision by hosting
conferences that facilitate the full and open exchange
of ideas in a roundtable format, by publishing classic
books on themes relating to human liberty, and
by maintaining the Online Library of Liberty website—
a collection of electronic volumes by authors from
ancient Sumeria to the present day.

19. Accounting
Christina L. Gegner,
Payables Specialist
Sandra A. Imel, Benefits Specialist
Carla C. Lottie, Payables Manager
Administration
Marie A. Jackson, Office Assistant
Stephanie L. Kaufman, Executive
Assistant to the President
Diane M. Mosbrucker,
Executive Assistant
and Grants Coordinator
JoAnne W. Shepler,
Human Resources and
Administrative Services Manager
Deborah K. Weinmann, Receptionist
Conferences
Darcy N. Anderson,
Executive Assistant
Thea V. Burress, Co-Sponsored
Program Assistant
Carol L. Hommel,
Conference Manager
Elizabeth P. Letson,
Conference Assistant
Shelly A. Rogers,
Conference Assistant
Nila K. Spears,
Conference Assistant
Julie A. Wakley,
Conference Assistant
Information Systems
James F. Cote, Director
V. Lynn Shriver,
Network and System Specialist
Susan M. Thomlinson,
Systems Analyst
Rusty L. Webb,
Application Specialist
Library and Web Services
David M. Hart, Director,
Online Library of Liberty
Lorraine S. Whitney,
Corporate Librarian
Publishing
Kristen L. Beach, Marketing
and Fulfillment Director
Darlene A. Bickel,
Production Coordinator
Andrew D. Duncan,
Social Media and
Direct Marketing Coordinator
Laura L. Goetz, Senior Editor
L. Daniel Kirklin,
Managing Editor
Patricia L. Ordower,
Assistant Managing Editor
Spencer Ozbun,
Marketing Support Specialist
Michele D. Roberts,
Executive Assistant
R. Colleen Watson,
Development Editor
sTAFF

20. Liberty Fund, Inc.
8335 Allison Pointe Trail
Suite 300
Indianapolis, IN 46250.1684
Tel 317.842.0880
Toll Free 1.800.866.3520
Fax 317.577.9067
www.libertyfund.org
Printed in U.S.A. 3/14