Adam Smith Society

Curious how free enterprise drives innovation and social impact? Join us TOMORROW, 6–7:30 PM CST at Rice University’s Jones School of Business for “The Entrepreneur Steward: Free Enterprise as a Force for Good.” RSVP Here: bit.ly/43Dfpgz

At Penn’s Wharton School of Business, @reason editor-in-chief, Katherine Mangu-Ward, tackled a pressing question: Is the American Dream dead? Her answer? Not yet. She argued that personal responsibility and market-driven solutions are key to keeping it alive.

How can 18th century ideas shape 21st century policy? At SmithSoc’s Columbia chapter, Professor Glenn Hubbard drew lessons from Adam Smith’s, The Wealth of Nations to shed light on today’s U.S. economy.

Calling all Houston entrepreneurs, innovators, and free-market thinkers! Join us on Friday, November 7, from 6–7:30 PM CST at Rice University’s Jones School of Business for “The Entrepreneur Steward: Free Enterprise as a Force for Good." RSVP Here: luma.com/bx3ojmho

Last month, our Rice (Jones) chapter hosted its 7th Annual Case Competition, featuring MI senior fellow James Meigs, who shared his insights on the future of the space industry and NASA’s evolving mission.

At BYU (Marriott)’s fall chapter kickoff, Professor Paul Godfrey addressed nearly 60 students—including over half of the first-year MBA cohort—on topics of business strategy and leadership.

Our Penn (Wharton), Duke (Fuqua), and Cornell (Johnson) chapters have started the semester on a high note, hosting fall socials that brought students together for food, fun, and valuable networking opportunities.

Last weekend, we hosted our annual Chapter Leader Retreat in Alexandria, VA, bringing together new leaders from across the country for community building, training, and planning for the year ahead.

.@jordanmcgillis recently joined our “Readers’ Roundtable” to discuss his critiques on the CHIPS Act and provide insights into America’s energy woes stemming from our deficiencies in semiconductor production. Read his entire @CityJournal piece here: bit.ly/3Ol6JTH

.@AllisonSchrager discusses how recent policy proposals to lower food prices will ultimately repeat mistakes from past decades that led to shortages and market disruptions. bit.ly/4cLFBYG

.@WSJ finds that restaurant chains like Chipotle and Sweetgreen are betting big on robots to boost productivity, using expensive machines to mix greens, cook burgers, and peel avocados. wsj.com/business/hospi…

Why do many policymakers ignore soaring debt? @Brian_Riedl cites 3 reasons: ➡️ 'Deficits don’t matter' mindset ➡️ Politicized deficits amid gridlock ➡️ Fixing deficits means touching Social Security, Medicare, and middle-class taxes. reason.com/2024/07/13/the…

The US debt outlook is fragile. Results for 88% of @economics forecast simulations show borrowing on an unsustainable path. bloomberg.com/news/articles/…

As interest rates recede, mortgage rates might not be poised to follow. @ManhattanInst manhattan.institute/article/econom…

“Data not only paints a murky picture of the past, it also clouds our vision of the future.” @opinion bloomberg.com/opinion/articl…

“With labor and housing markets still tight, the dry tinder for further inflation remains,” write @SteveMiran and Sander Gerber. @barronsonline barrons.com/articles/fed-i…

“Annual issuance of U.S. Treasurys has exploded, nearly doubling since the pandemic began.” @WSJ wsj.com/finance/the-27…

Rising Treasury yields have given investors attractive alternatives for income outside of dividend stocks. @ManhattanInst manhattan.institute/article/econom…

Despite high rents and the shift to remote work, jobs, amenities, and density continue to attract young people to cities. @CityJournal city-journal.org/article/new-yo…

We hosted our second annual Capstone Retreat in Palm Beach in early March. It featured Smith Soc members in conversation with Edward Blum, Jay Newman, Michael Greenwald, and @AllisonSchrager and @ishapiro on topics ranging from DEI to AI and more.