Atlas was founded in 1981 by Sir Antony Fisher, a British entrepreneur. After founding the Institute of Economic Affairs in London in 1955, Fisher had helped to establish the Fraser Institute, the Manhattan Institute and the Pacific Research Institute in the 1970s. Fisher conceived of Atlas as a means to connect various think tanks via a global network through which the organizations could learn best practices from one another and "pass the best research and policy ideas from one to the other, and so avoid the need to reinvent the wheel." Atlas has been described as "self replicating, a think tank that creates think tanks." Atlas Network is not named after Ayn Rand's novel "Atlas Shrugged".