Mont Pelerin Capital has been named for one of the most significant events in the economic history of the world.

In the 1940s at Mont Pelerin in the Swiss Alps, the distinguished Austrian economist Friedrich Hayek conducted a series of salons that changed economic theory forever. It was a time dominated by Keynesian thinking (planned economies). The new theory that emerged was market-driven economics. Attending the salons was a young economist named Milton Friedman who was to emerge to prominence as the head of the “Chicago School” of economics and be awarded the Nobel Prize. Hayek’s work was also read by an Oxford University graduate, Margaret Roberts (Thatcher) and thereby became influential in the economic recovery of Great Britain. At Mont Pelerin a simple idea began a journey that would change the world.