Adam Smith Award


The Adam Smith Award is the highest honor bestowed by The Association of Private Enterprise Education (APEE). It is given to recognize an individual who has made a sustained and lasting contribution to the perpetuation of the ideals of a free market economy as first laid out in An Inquiry into the Nature and Causes of The Wealth of Nations (1776). The recipient of this award must be an individual who has acquired an international reputation as an eloquent scholar and advocate of free enterprise and the system of entrepreneurship which underlies it. In searching for a recipient, APEE looks for someone who through their writing, speaking, and professional life, has focused attention upon the fundamental principles which are the bulwark of our organization.


Past Recipients

2024   John Cochrane

2022   Peter Leeson

2020  David Schmidtz

2019   Robert Lawson

2018   Barry Weingast

2017   Matt Ridley

2016   John Taylor

2015   Deirdre McCloskey

2014   Lawrence White

2013   William Easterly

2012   Bruce Yandle

2011   Elinor Ostrom

2010  Peter Boettke

2009   Jose Pinera

2008   Arnold Harberger

2007   Leonardo Liggio

2005   Manuel Ayau

2004   James Gwartney

2003   Richard Epstein

2002  Hernando de Soto

2001   Harold Demsetz

2000  Armen Alchian

1999   Allan Meltzer

1998   Robert Barro

1997   Alan Greenspan

1996   Douglass North

1995   Vernon Smith

1994   Richard Armey

1993   Gordon Tullock

1992   Charles Murray

1991    James Buchanan

1990  Malcolm S. Forbes, Jr.
and W. Edwards Deming

1989   Walter Williams

1988   William Niskanen

1987    Senator Phil Gramm

1985    James Miller, III

1984   Conrad Maier

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