The university's opening ceremony on 1 November 2006 was attended by Czech Prime Minister Mirek Topolánek.

[1] As of 2020, the current president is economist Josef Šíma, and the chairman of the board of directors is Ivan Langer.

Its main focus is private property, market, and individual liberty, based mostly on the Austrian School.

[7] Franz Cuhel Memorial Prize recipients include: Jörg Guido Hülsmann (2005), Jesús Huerta de Soto (2006), Richard Ebeling (2007), Thomas DiLorenzo (2008), Hans-Hermann Hoppe (2009), Peter Boettke (2011), William White (2015), Benjamin Powell (2016), Jeffrey Tucker (2017), and Randall G. Holcombe (2019).

[citation needed] Friedrich von Wieser Memorial Prize recipients include: Robert Higgs (2006), Boudewijn Bouckaert (2007), Bruno Frey (2008), Richard Epstein (2010), Terry L. Anderson (2011), Michael Munger (2014), Mark Pennington (2016), Bruce Caldwell (2017), Leszek Balcerowicz (2018).