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===History===
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==History==
    
The Institute was inspired by a meeting between its founder Antony Fisher and the great Nobel-Prize-winning Austrian economist [[Friedrich Hayek]] just after World War II. Hayek advised Fisher to steer clear of direct involvement in politics. Instead, he should focus on influencing the intellectual climate, which at that time was dominated by socialism.
 
The Institute was inspired by a meeting between its founder Antony Fisher and the great Nobel-Prize-winning Austrian economist [[Friedrich Hayek]] just after World War II. Hayek advised Fisher to steer clear of direct involvement in politics. Instead, he should focus on influencing the intellectual climate, which at that time was dominated by socialism.
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