Adam Smith Award

The Adam Smith Award is the highest honor bestowed by The Association of Private Enterprise Education. 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 Adam Smith’s Wealth of Nations. 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

  • 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 Leonard 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 Forbes, Jr. and W. Edwards Deming
  • 1989 Walter Williams
  • 1988 William Niskanen
  • 1987 Senator Phil Gramm
  • 1986 Murray Weidenbaum
  • 1985 James Miller III
  • 1984 Conrad Maier