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Free Markets Open Minds

A nationwide, chapter-based association of MBA students and business leaders promoting on-campus debate and discussion about the moral, social, and economic benefits of capitalism.
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2017 National Meeting April 21-22, 2017

Bringing together students, alumni, and business leaders for a weekend of thought-provoking programs.
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2016 Keynote - Andrew Puzder Secretary of Labor-designate

Secretary of Labor-designate and CKE Restaurants CEO Andrew Puzder gave the keynote to the Adam Smith Society National Meeting in 2016.
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Featured Events See all

History & Philosophy

Understanding both the ideas and the stories behind free markets.

From Adam Smith and Alexander Hamilton, to F.A. Hayek and Milton Friedman, to the leading scholars of today…Smith Soc members are focused on both classical and modern ideas about economics and liberty.

The Use of Knowledge in Society

from Individualism and Economic Order Friederich A. Hayek “The Use of Knowledge in Society” was F.A. Hayek’s response to economist Oskar K. Lange’s endorsement of a planned economy. Hayek argued against the establishment of a Central Pricing Board. He asserted that a centrally-planned economy could never match the efficiency of a market economy since a single agent or authority will never have the breadth of information available to all members of society when aggregated.

Public Policy

Exploring how governments, regulators, and businesses shape markets and industries.

Taxes, monetary policy, income inequality, fiscal policy, elections, healthcare, energy…Smith Soc taps into multiple networks to bring experts and thought leaders, executives and politicians, together with our members to enlighten and connect.

Things I've Learned

Interview with Matthew Dowd Austin Monthly Speaking to Smith Soc Austin on November 17th, Matthew Dowd is a former political strategist now working for ABC News, where he can be seen most Sunday mornings on This Week. Austin Monthly interviewed him about his experiences and current work.

Katie Biber Chen

General Counsel, Thumbtack A speaker to Smith Soc San Francisco in October, Katie Biber Chen is an expert on tech start-ups, the sharing economy, and the world of politics and government. Before joining Thumbtack as general counsel, she served at Airbnb, and prior to that was general counsel to the Mitt Romney campaign in 2012. An election lawyer from 2004 through 2012, she represented a variety of clients in enforcement actions, compliance matters and litigation.


Learning to lead organizations of all sectors and sizes while keeping the free market in the forefront.

In local, self-governing chapters as well as at our nationally-organized retreats, Smith Soc’s members learn leadership practices directly from proven, established figures in the business world as well as from each other.

John A. Allison

Author & former CEO , BB&T John Allison was CEO of BB&T Corporation (Branch Banking & Trust) from 1989 through 2008 and is currently a member of the Cato Institute's Board of Directors. A strong advocate for the free market, he is the author of a couple of books, most recently "The Leadership Crisis and the Free Market Cure: Why the Future of Business Depends on the Return to Life, Liberty, and the Pursuit of Happiness". He has spoken on campus at several Smith Soc chapters.

John Mackey

Whole Foods Markets, CEO John Mackey is the co-founder and CEO of Whole Foods Markets. He is author and thought leader behind the book and concept "Conscious Capitalism", arguing that business strategy can and should promote benefits for individuals, society, and the environment while pursuing profit. He was Smith Soc's National Meeting keynote in 2013, and has spoken on campus to many of our student chapters.

Find a Chapter

Learn more about the Adam Smith Society on your campus or in your city. Click below to visit our Campus Chapters and Professional Chapters.

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Berkeley (Haas)
Carnegie Mellon (Tepper)
Chicago (Booth)
Cornell (Johnson)
Dartmouth (Tuck)
Duke (Fuqua)
Georgetown (McDonough)
MIT (Sloan)
Michigan (Ross)
NYU (Stern)
Northwestern (Kellogg)
Ohio State (Fisher)
Penn (Wharton)
Rice (Jones)
SMU (Cox)
Texas (McCombs)
UCLA (Anderson)
UNC (Kenan-Flagler)
Vanderbilt (Owen)
Virginia (Darden)
Wake Forest
Washington U. in St. Louis (Olin)
General Professional
New York City
San Francisco


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