On New Year's day 1980, Hayek wrote a letter to Fisher, to be used for the purpose of raising funds for this expansion. "I entirely agree with you," Hayek wrote, "that the time has come when it has become desirable to extend the network of institutes of the kind of the London Institute of Economic Affairs." With the hyperbole required for fund raising, he added that "[t]he future of civilization may really depend on whether we can catch the ear of a large enough part of the upcoming generation of intellectuals all over the world fast enough. And I am more and more convinced that the method practiced by the IEA is the only one which promises any real results."

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1942