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Adam Smith Week

Every spring semester we organize Adam Smith Week. Through a variety of events, Adam Smith Week is a way for the Center to create awareness and explore important topics in political economy, entrepreneurship, and the role of government. The weeklong event has a series of education opportunities for students, faculty, and the community to engage in the discussion on Adam Smith and his economic philosophy.

Adam Smith is one of the most recognizable figures in economics, and his contributions to the fields of philosophy and economics are still relevant today. Smith explained that the wealth of nations was created through changes in the division of labor, growth of firms and industries. Entrepreneurship was essential to the division of labor and, hence, to economic growth. 

Adam SmithWho is Adam Smith?
Adam Smith’s 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, is one of the most important works in economics. As Smith endeavors to explain, the fundamental idea of the market's "invisible hand" is such that individuals' self interest often promotes society's interests. Illustrating this concept is the following passage:

“It is not from the benevolence of the butcher the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities, but of their advantages.”

March 20-25, 2017 Adam Smith Week

Our annual Adam Smith Week will be held on March 20-25, 2017. We have an exciting series of guest talks, lectures, roundtables, and panel discussions. Here is a list of our speakers for Spring 2017 Adam Smith Week.

Adam Smith Week Calendar

Sunday, March 19, 2017

Candace Smith

2:00pm - “Socializing at Professional and Networking Events" Etiquette Seminar with Candace Smith. Candace is the founding manager of Candace Smith ETIQUETTE.  Her priority is to help others gain practical skills in etiquette and protocol for all aspects of  “the business of life.”
This seminar is by invitation only

3:00pm - “Presenting Your Best Self" Etiquette Seminar with Candace Smith.
This seminar is by invitation only

Candace began her career as a high school teacher.  An award-winning educator, she taught by inspiring her students’ confidence in their abilities through participatory learning. Candace is the founding manager of Candace Smith ETIQUETTE.  Her priority is to help others gain practical skills in etiquette and protocol for all aspects of  “the business of life.”

Monday, March 20, 2017

3:00 pm - "From A to V: Experimenting with the Theory of Moral Sentiments" - panel discussion with Bart Wilson (Professor of Economics and Law at Chapman University), Vernon Smith (Professor of Economics at Chapman University), and Calvin Blackwell (Professor of Economics at the College of Charleston).
Wells Fargo Auditorium


Vernon Smith

Vernon Smith

Vernon L. Smith was awarded the Nobel Prize in Economic Sciences in 2002 for his groundbreaking work in experimental economics. Dr. Smith has joint appointments with the Argyros School of Business & Economics and the Fowler School of Law, and he is part of a team that will create and run the new Economic Science Institute at Chapman. Dr. Smith has authored or co-authored more than 300 articles and books on capital theory, finance, natural resource economics and experimental economics.


Bart Wilson

Bart Wilson

Bart Wilson is an experimental economist. He currently holds the Donald P. Kennedy Endowed Chair of Economics and Law in the Chapman University, Argyros School of Business and Economics. He is  pursuing laboratory research on how humans use exchange and specialization to create prosperity and the jurisprudential foundations of property that undergird those processes.


Calvin Blackwell

Calvin Blackwell

Calvin Blackwell is a professor of economics at the College of Charleston. He has been a visiting professor at Texas A&M University, and has taught economics at the University of New Mexico and to students in the Republic of Kazakstan. His research interests include experimental economics, asset markets, and public finance, and he has published papers in academic journals like the Journal of Economic Behavior and Organization, National Tax Journal, Public Finance Review and the Journal of Economics and Finance.

6:00pm - "Adam Smith in the 21st Century Lab" - public talk by Bart Wilson (Professor of Economics and Law at Chapman University)
Wells Fargo Auditorium

Tuesday, March 21, 2017

Virgil Storr1:30-2:30pm - "Entrepreneurship and Community Revival in the Wake of Disaster" - public talk by Virgil Storr (Associate Professor of Economics, George Mason University)

5:30pm - "Can Markets be Defended on Social and Moral Grounds?" - public talk by Virgil Storr (Associate Professor of Economics, George Mason University)
Wells Fargo Auditorium

Virgil Henry Storr is a Research Associate Professor of Economics at George Mason Universityas well as the Senior Director of Academic Student Programs at the Mercatus Center.He holds a PhD in Economics from George Mason University and did his undergraduate work atBeloit College. He is the author of Community Revival in the Wake of Disaster (with StefanieHaeffele-Balch and Laura Grube) and Understanding the Culture of Markets. His research onAustrian economics, culture and economic development, the morality of capitalism and post-disaster recovery has appeared in various academic outlets.

Wednesday, March 22, 2017

Richard Ebeling6:00pm - "The Real Adam Smith" -  movie and discussion led by Richard Ebeling (Professor of Ethics and Free Enterprise Leadership at The Citadel)
Wells Fargo Auditorium

What can a man with a plain name who lived over 200 years ago tell us about life today? Who was The Real Adam Smith? And why should we care? This documentary explores Adam Smith’s life, his ideas about morality and economics, and how the concepts he discussed in his books and lectures are still relevant today.

The discussion will be led by Dr. Richard Ebeling who is the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. Among the courses he offers are "Entrepreneurial Leadership and Capitalist Ethics" and "Ethical Entrepreneurship and Profit-Making." Dr. Ebeling is recognized as one of the leading members of the Austrian School of Economics and is the author of Austrian Economics and Public Policy: Restoring Freedom and Prosperity (Future of Freedom Foundation, 2016); Monetary Central Planning and the State (Future of Freedom Foundation, 2015); as well as the author of Political Economy, Public Policy, and Monetary Economics: Ludwig von Mises and the Austrian Tradition (Routledge, 2010) and Austrian Economics and the Political Economy of Freedom (Edward Elgar, 2003).


Thursday, March 23, 2017

Sahar Akhtar1:30-2:30pm - "Why Religious and Racial Immigration Bans are Wrong" -  public talk by Sahar Akhtar (Assistant Professor of Philosophy, University of Virginia)
Wells Fargo Auditorium

Sahar Akhtar teaches in the Department of Philosophy at the University of Virginia.  Prior to joining UVA, she was Postdoctoral Research Fellow in the Political Theory Project at Brown University, and received her PhD in philosophy from Duke University and her PhD in economics from George Mason University.

6:00pm - "Market Skeptics are Hard to Please: Can Adam Smith Help?" - public talk by Dwight Lee (Research Fellow at The Independent Institute)
Wells Fargo Auditorium

Dwight LeeProfessor Lee received his Ph.D from the University of California, San Diego in 1972. He was the William J. O’Neil Professor of Global Markets and Freedom at Southern Methodist University in Dallas from 2008-2014 and remains affiliated with the O’Neil Center for Global Markets and Freedom as a Senior Fellow. His research has covered a variety of areas including the economics of the environment and natural resources, the economics of public choice, public finance, and labor economics.  Professor Lee has published 162 articles in refereed journals, 289 articles and commentaries in magazines and newspapers, 52 chapters in books, 38 book reviews, 9 monographs, and coauthored 14 books and been the contributing editor of 5 more.  He has lectured at universities and conferences throughout the United States as well as in Europe, Central America, South America, Asia and Africa.  He was president of the Association of Private Enterprise Education for 1994-95 and president of the Southern Economic Association from 1997-98.


Why Major in Economics

Friday, March 24, 2017

12:30-1:30pm - "Why Major in Economics" -  Panel Discussion with Calvin Blackwell (Professor of Economics, College of Charleston) and CofC Economics Graduates
Tate 202

The Center's history of Adam Smith Weeks


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