In partnership with The Witherspoon Institute, the conference was in honor of the late Peter T. Bauer, whose contributions to the public dialogue about economics and economic policy-making were unmatched. As a professor of economics at the London School of Economics, he shifted public discussion from macro-economic Keynesian approaches to a concrete look at the micro-economic preconditions for success.
Peter Bauer was especially worried about the way in which state planners subverted and destroyed traditional institutions which were actually essential to the smooth functioning of a market. One of the most obvious of these foundations was the family, and Peter Bauer devoted a considerable part of his analysis to these problems.
Directed by Princeton University professor Harold James, the conference aimed to study how the family has played, does play and will continue to play a decisive role in the history of capitalism.