A good friend, Andreas Widmer, with the help of the Templeton Foundation, founded a really clever organization whose mission is to promote free market capitalism. That is nice, but the clever part is how they’re doing it: by setting up essay contests that undergrads and grad students can enter which ask questions regarding the benefits of ownership, entrepreneurism, innovation and other elements that make up the most successful economic models. By asking students to think hard about the benefits of a bottom-up, self-motivated, carrot-driven system (ironically by offering them a carrot!), this organization can play a unique role in changing the tenor of our education system with regards to economics. A much-needed role, indeed.

Tags: friends

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