Atlas is pleased to announce that it has selected the Free Market Foundation of South Africa as the recipient of the 2010 Freda Utley Prize for Advancing Liberty.
From the Press Release:
FMF was established at a time when South Africa’s Prime Minister John Vorster was steadily increasing intervention in the economy in preparation for the expected “total onslaught” against apartheid. Determined to achieve national “self-sufficiency” at all costs, the government sacrificed sound economics for ideology and did untold damage to the economy. Protectionism, inflation, bureaucracy, relentless
enforcement of racial discrimination and the siege economy all escalated during this era. Against this unpromising national socialistic background the FMF was founded to promote economic freedom.
In 2005, the Freda Utley Foundation established this Prize at the Atlas Economic Research Foundation because, in the words of Freda Utley’s son, Jon Utley, “Atlas’s core beliefs are very much in tune with Freda Utley’s, namely; concern for human poverty and misery, and the belief that peoples of all nations have similar aspirations and can learn the universal lessons of freedom and prosperity.”
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