diff --git a/LICENSE b/LICENSE
index 1fc8295..fd8c72f 100644
--- a/LICENSE
+++ b/LICENSE
@@ -1,3 +1,5 @@
+The MIT License (MIT)
+
 Copyright (C) 2011 by Lokalebasen.dk A/S
 
 Permission is hereby granted, free of charge, to any person obtaining a copy
@@ -7,13 +9,13 @@ to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
 copies of the Software, and to permit persons to whom the Software is
 furnished to do so, subject to the following conditions:
 
-The above copyright notice and this permission notice shall be included in
-all copies or substantial portions of the Software.
+The above copyright notice and this permission notice shall be included in all
+copies or substantial portions of the Software.
 
 THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
 IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
 FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
 AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
 LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
-OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN
-THE SOFTWARE.
\ No newline at end of file
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE
+SOFTWARE.
diff --git a/README.md b/README.md
index 9674820..c2a14cc 100644
--- a/README.md
+++ b/README.md
@@ -104,3 +104,9 @@ Credits
 -------
 
 Sponsored by [Lokalebasen.dk](http://lokalebasen.dk)
+
+
+License
+-------
+
+R-conomic is licensed under the MIT license. See LICENSE for details.
diff --git a/rconomic.gemspec b/rconomic.gemspec
index 0f639a8..7f10195 100644
--- a/rconomic.gemspec
+++ b/rconomic.gemspec
@@ -13,7 +13,7 @@ Gem::Specification.new do |s|
   s.authors     = ["Jakob Skjerning"]
   s.email       = 'jakob@mentalized.net'
   s.homepage    = 'https://github.com/lokalebasen/rconomic'
-
+  s.license     = 'MIT'
   s.version     = Rconomic::VERSION
   s.platform    = Gem::Platform::RUBY