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Events • May 21, 2025 

# 2025 Milton Friedman Prize for Advancing Liberty Biennial Dinner 

The Milton Friedman Prize for Advancing Liberty, named in honor of perhaps the greatest champion of liberty in the 20th century, is presented every other year to an individual who has made a significant contribution to advance human freedom.

The late Nobel laureate Milton Friedman agreed in 2001 to lend his name to the prize, which has become the leading international award for acknowledging contributions to the promotion of individual liberty. In a statement at the time he said: “Those of us who were fortunate enough to live and be raised in a reasonably free society tend to underestimate the importance of freedom. We tend to take it for granted. It has made us in the West more complacent, so having a prize emphasizing liberty is extremely important.”

**If you are interested in learning more about this event, please contact Serena Home:** [**shome@​cato.​org**](mailto:shome@cato.org) **and 202–218‑4602.**

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Media Name: goe-peter-cropped.jpg](/sites/cato.org/files/styles/author_picture/public/authors/crops/goe-peter-cropped.jpg?itok=mMl9a0--)](/people/peter-goettler) 

##### [Peter Goettler](/people/peter-goettler)

President and CEO 

![2025 Milton Friedman Prize recipient, Charles Koch](/sites/cato.org/files/styles/author_picture/public/2025-03/2025_Charles%20Koch_promo-block%20%281%29.jpg?itok=6IwGCBmG) 

##### Charles Koch 

Chairman and CEO, Koch Industries

##### Patrick Collison 

Co-founder and CEO, Stripe

[![Ryan Bourne](/sites/cato.org/files/styles/author_picture/public/2021-01/Ryan%20Bourne.jpg?itok=nv8-2r7d)](/people/ryan-bourne) 

##### [Ryan Bourne](/people/ryan-bourne)

R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute

[ 

](https://x.com/MrRBourne) [ 

](mailto:rbourne@cato.org)