Adam Smith

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Free Markets Open Minds

An expansive, chapter-based association of MBA students, professionals, and business leaders promoting on-campus debate and discussion about the moral, social, and economic benefits of capitalism.
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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.

Corporate Social Responsibility & Milton Friedman

2017 Milstein Fellowship Award-Winning Essay Gabriel Ng Gabriel Ng of NYU Stern won the 2017 Howard P. Milstein Fellowship for this essay examining whether the current frameworks and practices of corporate social responsibility are consistent with Milton Friedman's ideas. Ng wrote that, "Friedman’s view that the profit motive should drive the thinking of executives remains correct...Some CSR will succeed and some will fail in their business goals."

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.

The Long-Term Effect of the Three-Pronged Boost

Financial Times Dambisa Moyo In this op-ed, 2018 National Meeting speaker and economist Dambisa Moyo argues that the administration's approach to tax reform, infrastructure boosts, and regulatory retrenchments will have a limited role in generating long-run economic 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. Martino will join a Smith Soc panel on entrepreneurship and regulation in NYC on July 25th.

Hoop Dreams

Stephen Trauber's Basketball Passion Wall Street Journal This WSJ story tells how successful energy banker Stephen Trauber gives back to the community by supporting programs and scholarships for young basketball players. Citi's Global Head of Energy Power Chemical, Trauber will be speaking at a Smith Soc reception in Houston on July 19th.


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

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