ADAM Smith SOCIETY
FREE MARKETS. Open minds.
The Adam Smith Society is modeled on the Federalist Society and seeks to do for free-market principles what the Federalist Society has done for constitutionalism. We host speakers and debates that unpack key policy challenges facing the business community and our country at large, examining questions like:
How do we train the American workforce for jobs of the future?
Does the free market promote inequality or opportunity, or both?
Must firms prioritize social and environmental ends?
How does capitalism affect the least privileged?
Is Big Tech a problem for our democracy, and if so, should it be regulated?
The Adam Smith Society Student Club is the perfect platform for business school students passionate about exploring the vital role of free markets in driving human flourishing and creating opportunities for everyone. By joining, students gain access to thought-provoking debates, engaging discussions, and a dynamic network of peers and professionals who share a vision for advancing economic growth and individual potential through market-driven solutions.
For more information on the Adam Smith Society mission visit: https://www.adamsmithsociety.com/
"Our chapter has established a great culture for the open exchange of ideas. I feel like many of the deepest and most thoughtful conversations I've had have been either with members of the Society or stemmed from one of our events." — Chris Payne, Chicago Booth
Joining the Adam Smith Society is more than club membership—it's an opportunity to be part of a community shaping the future of business and society through the power of free-market ideas.
Mar 4, 2026 12:00pm - 1:00pm
Is inflation really under control, or just less visible? How independent is the Federal Reserve in practice, especially when monetary policy becomes politically salient? What can the Fed actually do well, and where are its limits? And what should future business leaders understand about the tradeoffs central banks face? If those questions interest you, join the Adam Smith Society and the Government & Policy Club for a conversation with Booth Professor Randy Kroszner on March 4th. Prof. Kroszner has taught at Booth since 1990 and brings a rare combination of academic and policymaking experience. He is currently an External Member of the Bank of England’s Financial Policy Committee, and previously served as a Governor of the Federal Reserve during the Global Financial Crisis (2006–2009) and as a member of the President’s Council of Economic Advisers (2001–2003). This will be a timely discussion of Fed independence, inflation, and monetary policy, with plenty of time for Q&A. Lunch will be provided.
