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BB&T Free Market Process Speaker Series

Each semester we invite speakers from the business and academic world who address the underlying principles of a market economy. Students, faculty, alumni, and the Charleston business community are invited to attend our events.

Fall 2017

Dr. Paul Gregory: "What We Have Learned from the Great Soviet Experiment"
November 6, 2017; 3:15pm
Wells Fargo Auditorium

About the talk
The Soviet system was the greatest experiment of the 20th century. With the 100th anniversary of the Bolshevik Revolution, what lessons have we learned with respect to the possibility of planning, the use of coercion and the attempts to create a new type of socialist man.

About the speaker
Paul Gregory received his PhD from Harvard, specializing in comparative economic systems. He is currently Cullen Professor of Economics at the University of Houston and research Fellow at the Hoover Institution/Stanford. He has taught at Moscow University and the Free University of Berlin and has headed the International Advisory Board at Kiev School of Economics. He is widely published on Russian and Soviet economic history and blogs at EconWorld at Forbes.

Paul Gregory

Dr. Gary Libecap: "Environmental Markets"
September 22, 2017; 6:00pm
Wells Fargo Auditorium

About the talk
Environmental markets involve the assignment of property rights of some type, such as in cap and trade, and then bargaining among the parties as envisioned by Ronald Coase in his famous 1960 paper on the Problem of Social Cost. This is quite a different approach from standard command and control regulation which emphasizes polluter pays arrangements as compared to market actions that can involve beneficiary pays approaches. I outline why the latter is beneficial for natural resource conservation and environmental protection and illustrate through discussion of habitat credits exchanges, fishery catch shares, and tradable water rights for instream flow provision.

About the speaker
Gary Libecap came to the Bren School in 2006 after more than twenty years at the University of Arizona, Tucson, where, in addition to teaching business, law, and economics, often in a natural resource context, he developed and directed the nation’s top-ranked entrepreneurship program. His interdisciplinary focus and expertise in issues related to entrepreneurship and sustainable business practices led to his critical role in developing the Eco-Entrepreneurship focus, a joint venture between the Bren School and the School of Engineering. Professor Libecap’s current research is focused on the legal, economic, and policy aspects of water allocation in the western United States. He has been president of the Economic History Association, the Western Economics Association International, and the International Society for the New Institutional Economics, and he holds high-level appointments at several top institutions around the country.

Gary Libecap

Marion Smith: "Communism 100 Years After the Revolution"
October 19, 2017; 5:30pm
Tate Center, Room 202

About the talk
One hundred years of communism has led to over one hundred million victims and counting. One in five people around the world today continues to live under socialist regimes in China, Cuba, North Korea, Vietnam, and Laos. This talk will focus on how communist ideology not only ends lives but stifles human flourishing in all spheres of social, economic, and cultural life. The fight is not over to defeat an ideology that represses all aspects of the human spirit.

About the speaker
Marion Smith is a civil society leader, expert in international affairs and has been Executive Director of the Victims of Communism Memorial Foundation since March 2014. As Executive Director, he provides strategic leadership for VOC and spearheads its educational initiatives. He is also founding president of the Common Sense Society, an international foundation that promotes civic engagement, entrepreneurship, and leadership virtues among young professionals in the United States and Europe. Marion is a native of South Carolina, where his ancestors fought as both Patriots and Tories during the American War of Independence. He is chairman of the National Civic Art Society and was previously a visiting fellow at the B. Kenneth Simon Center for Principles and Politics at The Heritage Foundation. His articles have appeared in various publications, including USA Today, The Hill, The Washington Post, The Wall Street Journal, National Review, and The Weekly Standard.

Marion Smith

Past events

March 2017

Dwight Lee, Professor of Global Markets & Freedom at Southern Methodist University, "Can We Appreciate the Morality of the Market?"

September 2016

Bryan Caplan, Professor of Economics at George Mason University, "A Radical Case for Open Borders."

February 2016

Sean Mulholland, Associate Professor of Economics at Stonehill College, "15 Now or Never: The Seen and Unseen Effects of a Higher Minimum Wage"

February 2016

Mike Munger, Political Science, Public Policy, and Economics at Duke University. "Tomorrow 3.0:  The Transactions Cost  Revolution."

October 2015

Randy Simmons, Professor of Economics at Utah State University, "Can Free Markets Save the Environment?"

February 2015

Terry Anker, Chairman of the Anker Consulting Group and Managing Director of the Bastiat Society of Indianapolis. "Liberal Arts Education, Entrepreneurship & Leadership."

March 2015

Roberta HerzbergAssistant Director of Individual Freedom and Free Markets at John Templeton Foundation and President of Public Choice Society, "Political Entrepreneurs: The Good, The Bad and The Ugly." 

November 2014

Sarah Skwire, Fellow at Liberty Fund, "You're So Money: Literary and Economic Seductions" 

October 2014

John Cerasuolo, President & CEO of ADS Security and Chairman of the Beacon Center of Tennessee, “The Role of Business Leaders in Preserving a Free Society”

September 2014

 Timur Kuran, Gorter Family Professor of Islamic Studies at Duke University, “The Political Consequences of Islam's Economic Legacy”

Check our calendar for the full list of events.