Minnesota Congresswoman Michele Bachmann will take her free market philosophy to Great Britain Friday for a speech at the Oxford Union, a debating society founded in 1823. The conservative Republican will make the case that bureaucracy thwarts innovation, her office announced Tuesday.

Bachmann will join a long list of Oxford Union presenters, including Presidents Jimmy Carter and Ronald Reagan and British Prime Ministers Winston Churchill and Margaret Thatcher.

Bachmann has titled her speech "Seeds of Progress: The struggle between innovation and bureacracy." It will posit that regulators tend to control innovation and offer Bachmann's thoughts on how to develop a system that fosters growth.

"It is a high honor to be invited to speak at the Oxford Union and share ideas with some of the brightest young minds in the world," Bachmann said in a statement. "I believe that it is no coincidence that the greatest explosion of innovation in history accompanied our first experiments with political liberty and free enterprise. If we keep our societies open to innovation, we will continue to see breakthroughs that empower individuals to collaborate and transcend the bureaucracies that are thwarting progress."

The Oxford Union is located at Oxford University, once of the world's most prestigious schools. It aims to encourage discussion of important issues and has been called by some the world's most famous debating society.