On Tuesday August 1st, the Smith Soc summer receptions series came to a conclusion as Smith Soc Chicago hosted a panel discussion about the ongoing Illinois budget crisis.
The American economy is no longer growing as it once did. From the end of World War II through 1980, the GDP of the United States grew 3.3 percent each year on average. In the 35 years that followed, GDP growth fell, yet there was enormous technological innovation, including the emergence of venture capital, the personal computer, the Internet, and the iPhone. High-growth, high-technology firms now account for one-fifth of the value of U.S.
There seems to be no escaping debates at the moment. While the just-concluded Presidential Debates have been on the mind of most Americans during the month of October, Smith Soc chapters have taken the debate format and used it to highlight issues and discussions that matter to free market-minded business school students. Multiple chapters have taken on issues as wide-ranging as the relationship between the market and government, the viability of a carbon tax, and the implications of the Brexit vote.
The Adam Smith Society Chapter at the University of Virginia Darden School of Business co-sponsored, along with the UVA chapter of the Federalist Society, a panel discussion on tax law and tax reform entitled, “Tax Reform Alternatives for the 21st Century”. The participants were Rep. Bob Woodall (GA-7) of the U.S.
Several Adam Smith Society chapters tuned in to the Intelligence Squared US debate on income inequality: "Income Inequality Impairs the American Dream of Upward Mobility" The debate featured Manhattan Institute Fellow Scott Winship and Former Partner Bain Capital Ed Conard, debate against, Senior Economist and Director of Health Policy Research at the Econ