diff --git a/MIT-LICENSE.txt b/MIT-LICENSE.txt
new file mode 100644
index 0000000..72ca005
--- /dev/null
+++ b/MIT-LICENSE.txt
@@ -0,0 +1,20 @@
+Copyright (c) 2011 John Bintz
+
+Permission is hereby granted, free of charge, to any person obtaining
+a copy of this software and associated documentation files (the
+"Software"), to deal in the Software without restriction, including
+without limitation the rights 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 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
diff --git a/README.md b/README.md
index 6cabaec..5d66a62 100644
--- a/README.md
+++ b/README.md
@@ -53,3 +53,8 @@ file is a little more complicated. `newest_js_file` extends the Guard DSL to sea
 
 If you 100% know you won't need that support, modify your `Guardfile` as appropriate.
 
+## License
+
+This library is released under the MIT license:
+
+* http://www.opensource.org/licenses/MIT