Free-Market Capitalism Advances Another Round
March 27, 2006 at 8:30 am
One word on George Mason University’s upset of the University of Connecticut in the NCAA basketball tournament. The Final Four contender has proved to be a scrappy upstart in the high stakes, big bucks competition. It’s also a scrappy upstart in academia: its work advancing free-market capitalism and libertarian economics is legendary. GMU President Alan G. Merten says: “A good idea—coupled with private support—can grow to have an impact across the nation and around the world.” Yes, when a school whose professors are guest hosts for Rush Limbaugh beat old-economy state-run enterprises, capitalists everywhere should take notice.
(Footnote: check out Reason.com for interviews with GMU University economist Vernon Smith and GMU economist Tyler Cowen.)
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