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Free Markets Open Minds

An expansive, chapter-based network of MBA students, professionals, and business leaders promoting debate and discussion about the moral, social, and economic benefits of capitalism.
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Upcoming Events Chapters in Action

Join us. Connect with other young professionals, engage with great speakers, and learn more about the perks of membership.
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Find out how you can start enjoying greater access to special events, experts, and programs by exploring our Smith Soc membership levels.
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Smith Soc Treks Exclusive Seminars

A series of destination-based, weekend-long retreats to connect selected members with thought leaders from business, academia, and policy.
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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.

What Adam Smith Knew

Moral Lessons on Capitalism from Its Greatest Champions and Fiercest Opponents James R. Otteson (ed.) Edited by the Executive Director of the BB&T Center for the Study of Capitalism at Wake Forest, the official reader of the Adam Smith Society provides perspectives on free market thought through readings on the nature, purpose, and effects of capitalism. In addition to Adam Smith himself, the selections gathered here include essays and excerpts by thinkers ranging from Locke and Rousseau to Hayek and Cass Sunstein.

The Theory of Moral Sentiments

6th Edition Adam Smith Adam Smith's first major work focuses heavily on ethics, arguing that our morality is rooted deeply in our nature. The Theory of Moral Sentiments lays the groundwork for Adam Smith's later work including his most well-known, the Wealth of Nations. Attendees on the upcoming Smith Soc Trek will read excerpts from both of Smith's seminal works.

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.

Master Thinker

City Journal Milton Ezrati Adam Smith shaped how we think about markets and society.

Clashing Over Commerce

Recommended Reading Douglas A. Irwin In "Clashing Over Commerce: A History of U.S. Trade Policy"—a two-time finalist for the Manhattan Institute's Hayek Book Prize—Smith Soc speaker Douglas A. Irwin details the history of trade in the United States and its connection to the country's sustained prosperity.


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.

Home is Where the Start-Ups Are

Paul Martino brings Silicon Valley acumen back to Philly Philadelphia Inquirer The story of how Paul Martino found success in Silicon Valley, but returned home to Philadelphia for family...and to help fund local start-ups via his firm, Bullpen Capital.

Hoop Dreams

Stephen Trauber's Basketball Passion Wall Street Journal This WSJ story tells how successful Citi energy banker Stephen Trauber gives back to the community by supporting programs and scholarships for young basketball players.


Business Leader Cliff Asness Cliff S. Asness, founder of AQR Capital Management and our 2018 Principled Leadership award recipient, shares his perspective on markets, economics, and life in this series of blog posts.

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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Choose a Chapter
BU (Questrom)
BYU (Marriott)
Baylor (Hankamer)
Berkeley (Haas)
CU Boulder (Leeds)
Carnegie Mellon (Tepper)
Chicago (Booth)
Cornell (Johnson)
Dartmouth (Tuck)
Duke (Fuqua)
Georgetown (McDonough)
Hebrew U. (HUJI)
Indiana (Kelley)
MIT (Sloan)
Michigan (Ross)
NYU (Stern)
Northwestern (Kellogg)
Notre Dame (Mendoza)
Penn (Wharton)
Pitt (Katz)
Rice (Jones)
SMU (Cox)
Texas (McCombs)
UCLA (Anderson)
UNC (Kenan-Flagler)
USC (Marshall)
Vanderbilt (Owen)
Virginia (Darden)
Washington U. in St. Louis (Olin)
New York City
San Francisco
Washington, D.C.

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