John Garen Gatton
Endowed Professor of Economics, University of Kentucky
Thursday, March 10th, 2011
7:30 p.m.
Hepburn Auditorium

Co-sponsored by the Economics Department Speaker Series

"On Fairness and Needs in a Free Enterprise Economy"

Despite criticisms of free enterprise that the private sector does not take into account issues of "needs" and "fairness," that sector includes formal and informal "nonprofi t" institutions whose goals may include addressing the "needs" of others. These organizations face a variety of economic problems and employ a number of practices to overcome them and these make for a useful contrast with public-sector charity programs.