Dear Rod,
AIER's Bastiat Society of Nashville invites you to join us on April 29th at 6:00pm for an in-person event with AIER Senior Fellow Richard Salsman.
The past two decades have seen a widening, intensifying hostility toward capitalism, even though few people can even define it. Capitalism has become a scapegoat for a range of personal displeasures and societal ills. Not long ago, in the 1980s and 1990s, respect for capitalism was increasing and spreading; in the middle of those decades (1989-1991), the U.S.S.R. collapsed and the Cold War ended peacefully, with freer systems (U.S. and U.K.) the obvious winners. Yet this victory for liberty has been derided by so-called intellectuals as "neo-liberalism."
The last two decades have seen a tragic revival of anti-capitalist ideologies and practices, including Marxism, Keynesianism protectionism, nationalism, and racism. What explains this? How can it be fixed? Who were the pro-capitalist champions that created the 1980s and 1990s? Do they exist today? Where have they gone? Dr. Salsman answers these important questions. The key point: capitalism requires a moral defense, not merely an economic one.
The Bastiat Society of Nashville's speaker series is co-sponsored by The Beacon Center of Tennessee & The Political Economy Research Institute (PERI) (affiliated with Middle Tennessee State University). This co-sponsorship does not necessarily constitute endorsement of the speakers' positions on the issues discussed.
Ticket Prices:
$0 for Founding Members
$10 for Annual Members
$20 for Non-Members
$0 for Actively enrolled university students who register with a .edu email address. Those who register with a non- .edu email address will be unregistered and asked to purchase tickets at full price.
Registration Required. Let us know if you're coming.
More about the speaker: Dr. Richard M. Salsman is an assistant professor of political economy at Duke University, founder and president of InterMarket Forecasting, Inc., a senior fellow at the American Institute for Economic Research, and a senior scholar at The Atlas Society. In the 1980s and 1990s he was a banker at the Bank of New York and Citibank and an economist at Wainwright Economics, Inc. Dr. Salsman has authored three books: Breaking the Banks: Central Banking Problems and Free Banking Solutions (1990), Gold and Liberty (1995), and The Political Economy of Public Debt: Three Centuries of Theory and Evidence (2017). His next book, Where Have all the Capitalists Gone? (2021) will be published by the American Institute for Economic Research. Dr. Salsman has authored a dozen chapters and scores of articles. His work has appeared in the Georgetown Journal of Law and Public Policy, Reason Papers, the Wall Street Journal, the New York Times, Forbes, the Economist, the Financial Post, the Intellectual Activist, and The Objective Standard. Dr. Salsman earned his B.A. in economics from Bowdoin College (1981), his M.A. in economics from New York University (1988), and his Ph.D. in political economy from Duke University (2012).
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