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.Learn More
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Washington Post columnist George discussed private enterprise and the coronavirus recovery.
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.
SMITH SOC READER Moral Lessons on Capitalism from Its Greatest Champions and Fiercest Opponents 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.
VIDEO YouTube Learn more about what we're all about with this brief introductory video.
CATCH UP ON A CLASSIC 6th Edition 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.
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.
ARTICLE City Journal Adam Smith shaped how we think about markets and society.
ARTICLE Quartz Highlights from our bitcoin debate with the Intelligence Squared U.S. at the 2018 National Meeting.
BOOK Recommended Reading 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.
BUSINESS LEADER Paul Martino brings Silicon Valley acumen back to Philly 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.
BUSINESS LEADER Stephen Trauber's Basketball Passion 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.
ARTICLE Business Leader 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.
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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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