Association of Private Enterprise Education

The Association of Private Enterprise Education is a nonprofit organization founded by a philanthropic donation from Herman Lay, co-founder of Frito-Lay, a subsidiary of PepsiCo.^[1] It was created for the purpose of "studying and supporting the system of private enterprise" and aims "to put into action accurate and objective understandings of private enterprise".^[2][3]

It holds an annual conference^[4][5] and publishes the Journal of Private Enterprise.^[6] It also recognizes, by means of a number of awards, persons of distinction who have helped to further its aims.^[7]

Former presidents

• Edward Stringham^[8]
• Benjamin Powell^[9]
• Jeff Ray Clark
• Bruce L. Benson^[10]
• Michael Cox^[11]
• Bruce Yandle^[12]
• Jane Shaw^[13]
• Gordon Tullock^[14]