At IF Industrial Forum, we stand firmly on the bedrock of economic freedom and the principles of free markets. The legacy of economists who championed these ideals serves as a guiding light, reminding us of the profound importance of individual liberty and limited government intervention in financial affairs.
Adam Smith’s concept of the invisible hand, Friedrich Hayek’s elucidation of the knowledge problem, Milton Friedman’s advocacy for limited government, and the insights of public choice theory collectively form a formidable intellectual framework underpinning the cause of economic freedom. These stalwarts of economic thought have illuminated the path towards prosperity, emphasising the catalytic role of individual agency and spontaneous order in shaping economic outcomes.
By embracing these principles, societies can unleash the creative energies of individuals, foster a culture of innovation, and ultimately pave the way for greater prosperity and societal well-being. Economic freedom empowers individuals to pursue their aspirations, create wealth, and contribute to the collective advancement of society.
At IF Industrial Forum, upholding the liberty of economics is not merely a philosophical stance but a pragmatic imperative. By advocating for policies prioritising economic freedom, we strive to create an environment conducive to economic progress and individual fulfilment. Through our work, we seek to advance the cause of economic liberty, recognising it as a cornerstone of human flourishing and societal development.
Here, as an example, IF would like to present the study of Prof Maurizio Bragagni OBE.
The legacy of economists who championed economic freedom and the principles of free markets serves as a reminder of the importance of individual liberty and limited government intervention in financial affairs. Adam Smith’s invisible hand, Friedrich Hayek’s knowledge problem, Milton Friedman’s case for limited government, and public choice theory all contribute to the body of thought supporting economic freedom. Embracing these principles can unleash the creative energies of individuals, promote innovation, and lead to greater prosperity and societal well-being. By upholding the liberty of economics, societies can pave the way for economic progress and individual fulfilment.