Markets and The Northwood Idea with Professor Michael Makovi

The Northwood Idea and "When We Are Free" discuss the importance of markets. Professor Michael Makovi will explain how markets work to ensure a ready supply of goods and services to satisfy consumer demand. Attempts at socialism have failed due to the impossibility of economic calculation by central-planning. By contrast, societies with the greatest degree of economic freedom tend to be the most prosperous and deliver the highest standard of living even to their poorest members.

Thursday, February 25 at 12:00pm to 12:30pm

Virtual Event
Event Type

Lectures & Presentations

Topic

Economics, Free-enterprise

Target Audience

Alumni, Faculty/Staff, Community, Future Students

Tags

home, alumni department

Website

https://primetime.bluejeans.com/a2m/l...

Department
Alumni
Hashtag

#northwoodu

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