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Adam Smith Week Featured in School of Business

Posted on 18 March 2013 | 1:12 pm

Adam Smith Week at the College of Charleston is named for the “Father of Modern Economics” and creates awareness and discussion about important economic topics. The annual week takes place from March 18 through 22, 2013 and is hosted by the Intiative for Public Choice and Market Process (IPCMP) in the School of Business.

Dr. Peter Calcagno, director of the Initiative for Public Choice and Market Process

Director of the Initiative for Public Choice and Market Process, and associate professor of economics.

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,” says Pete Calcagno, Ph.D, associate professor of economics and director of the IPCMP.  “His concept of the invisible hand is considered the classic statement on laissez faire capitalism.” 

Week of Events
Monday, March 18, 2013
“Why Be an Economics Major?” Lunch with Don Boudreaux at 1 p.m. in room 301 of the Beatty Center (5 Liberty St.).

“The Economic Fate of America’s Middle Class” Presentation with Don Boudreaux in the Wells Fargo Auditorium of the Beatty Center.

Don Boudreaux writes a letter a day to the editors of major American publications, often in response to an absurdity or out-of-context factoid presented by a columnist or politician. His recent book, Hypocrites & Half-Wits is a witty, entertaining collection of his best letters that address the shaky facts, faulty reasoning, and intellectual dishonesty that threaten a free society. Now a professor of economics at George Mason University, he obtained a Ph.D in economics from Auburn University and a law degree from the University of Virginia School of Law. He has lectured in America, Latin America, and Europe on topics ranging from antitrust law to international trade.

Tuesday, March 19, 2013
“Why Study Economics?” Lunch with David Scmidtz at 1 p.m. in room 202 of the Tate Cener (5 Liberty St.)

“Adam Smith on Freedom” presented by David Schmidtz at 3 p.m. in the Wells Fargo Auditorium of the Beatty Center. Sponsored by the Philosophy and Political Economy Club.

David Schmidtz is originally from Humboldt, Saskatchewan, Canada. He earned his Ph.D at the University of Arizona, and continues to teach and write there. He is the author of many books, including Elements of Justice (2006), and The Limits of Government: An Essay on the Public Goods Argument (1991), which combine his interest in philosophy and economic analysis. He has also published in many journals. His writings also focus on rational choice theory and environmental ethics. Schmidtz is the founding director of the Freedom Center at the University of Arizona, and editor of the Cambridge Press journal ‘Social Philosophy and Policy.’ 

Wednesday, March 20, 2013
“Why Didn’t Adam Smith Do Anything About It?” will be presented by Isaac Morehouse at 1 p.m. in room 301 of the Beatty Center.

“Real Estate Valuation: An International Perspective” will be presented by Nick French at 7 p.m. in the Wells Fargo Auditorium of the Beatty Center. This event is part of the Carter Real Estate Center Speaker Series.

Nick French is a professor of real estate and the program director of the MSc Real Estate programs at Oxford Brookes University in the UK. He is a recognized expert in the area of property appraisal and valuation, and a member of the Royal Institution of Chartered Surveyors (RICS) and has recently been appointed to the Professional Board of the International Valuation Standards Council (IVCS). He is also a member of the Appraisal Institute, CoreNet, ERES, AREUEA and ARES. French serves as the editor of the Journal of Property Investment & Finance, and writes regularly for The Estates Gazette, The European Journal of Real Estate Research, The Journal of Corporate Real Estate and other professional and academic journals.

Thursday, March 21, 2013
A Panel on Foreign Aid and Economic Development will be held in room 202 of the Tate Center at 12:15 p.m.

“Which Institutions When: Economic Freedom and Comparative Development” will be presented by Josh Hall in the Wells Fargo Auditorium in the Beatty Center.

Josh Hall is an assistant professor of economics at Beloit College in Wisconsin who formerly worked as an economist for the Joint Economic Committee of the U.S. Congress. He is also a co-author of the widely-known Economic Freedom of the World reports. He also penned over 100 articles in journals, book chapters, and academic book reviews across America. He is the director of the Charles G. Koch Student Research Colloquium and Speaker Series. Hall’s area of research is in applied microeconomics, including urban economics, public finance, and the economics of education.

Friday, March 22, 2013
“Why Graduate School?” Lunch with Josh Hall will be held at 11 a.m.in room 212 of the Beatty Center.

The weeklong event has a series of educational opportunities for students, faculty and the community to engage in discussion on Adam Smith and his economic philosophies.  See Adam Smith Week Schedule of Events.

The fifth annual Adam Smith Week is sponsored by the Initiative for Public Choice and Market Process (IPCMP) that was founded in 2008 with a generous gift from the BB&T Charitable Foundation and the Charles G. Koch Foundation. 

About the Initiative for Public Choice & Market Process
Founded in the fall of 2008, the Initiative for Public Choice & Market Process advances the understanding of the economic, political and moral foundations of a free market economy.  The Initiative for Public Choice & Market Process supports the growth and development of teaching and research at the College of Charleston School of Business while engaging students and the Charleston business community. Visit sb.cofc.edu/pcmp to learn more.

About the School of Business
College of Charleston’s School of Business offers seven undergraduate programs, a master’s in accountancy and an honors program.  Approximately 1680 undergraduate and graduate students attend from as far away as China, Germany and Brazil. The faculty has research expertise in areas such as financial investment, bankruptcy, global logistics, political economics, business intelligence, hospitality and tourism and sustainable business practices. Visit sb.cofc.edu to learn more.