Video: Charles Koch Accepts Simon Prize

Last fall Charles Koch received the William E. Simon Prize for Philanthropic Leadership at Philanthropy Roundtable’s 20th Annual Meeting. In his acceptance speech, Mr. Koch discussed economic freedom, Market-Based Management^®, and applying MBM^® to philanthropy.

“My own philanthropic efforts were shaped in the early ’60s… by my passion to understand the principles underlying peace and prosperity. Because of that passion I read everything I could on the subject from every discipline and perspective. Along the way I encountered the writings of people like Von Mises, Hayek, Friedman, and so on. And they convinced me that societal well-being was only possible in a system of economic freedom, and as you know I’ve been a strong proponent of that view ever since.” – Charles Koch