Mont Pelerin Society

The Mont Pelerin Society (MPS) is a neoliberal international organization composed of economists, philosophers, historians, intellectuals and business leaders. The society advocates freedom of expression, free market economic policies and the political values of an open society. Further, the society seeks to discover ways in which the private sector can replace many functions currently provided by government entities. Founding The MPS was created in Fall 1947 at a conference organized by Friedrich Hayek during the International Trade Organization (ITO) drama of that year. As ITO delegates met in Geneva, Switzerland, to draft the world trade charter, another group of intellectuals convened at the opposite end of the lake at the base of Mont Pèlerin. Taking their name from the location, the Mont Pèlerin Society was formally established on April 10, 1947. Originally, it was to be named the Acton-Tocqueville Society. Frank Knight protested against naming the group after two "Roman Catholic aristocrats," and Ludwig von Mises expressed concern that the mistakes made by Acton and Tocqueville would be connected with the society. Aims In its "Statement of Aims" on 8 April 1947, the scholars were worried about the dangers faced by civilization, stating the following: