An academic economist by training, he was forced out of the Czechoslovak Academy of Sciences after the Soviet invasion in 1968 after the Prague Spring era.
He returned back after the so-called ‘Velvet Revolution’ of 1989, as one of the founders of the Civic Forum Movement. He was the country’s first non-Communist Finance Minister and served from 1992 to 1997 as Prime Minister of the Czech Republic.
In February 2003 Václav Klaus was elected President of the Czech Republic. He was reelected for second term in February, 2008.
After completing his mandate as President of the Czech Republic in March 2013, he moved to the newly formed The Václav Klaus Institute, which is a liberal-conservative think tank with its own research study activities, seminars and conferences. He is a member of the Mont Pelerin Society. He has published more than 30 books and received many doctorate degrees and international awards in various countries.