Economics and Classical Liberalism: Theory, Practice, and History A Seminar for High School Students June 22 – 26, 2016 Texas Tech University Lubbock, TX Wednesday, June 22, 2016 12:00 – 5:00 PM Arrival and Check-In Murdough Hall 5:00 – 5:30 PM Walk from Murdough Hall to Rawls College of Business 5:30 – 7:00 PM Welcome and Opening Dinner Rawls College of Business – McCoy Atrium 7:00 – 8:00 PM The Rise and Decline of Economic Freedom and What It Means For Our Future Benjamin Powell – Director, Free Market Institute 8:00 – 9:00 PM Social Hour 9:00 PM Program Adjourns Thursday, June 23, 2016 – Foundations of Economic Analysis 7:00 – 8:30 AM Breakfast Murdough Hall – The Market 8:30 – 9:00 AM Walk from Murdough Hall to Rawls College of Business 9:00 – 10:00 AM Thinking Like an Economist Adam Martin – Political Economy Research Fellow, Free Market Institute 10:00 – 10:15 AM Break 10:15 – 11:15 AM Trading Game Activity 11:15 – 11:30 AM Break 11:30 AM – 12:30 PM Private Property, Exchange, and the Division of Labor Andrew Young – Research Fellow and Director of Graduate Students, Free Market Institute 12:30 – 2:00 PM Lunch Rawls College of Business – McCoy Atrium 2:00 – 3:00 PM Money, Economic Calculation, and the Profit and Loss System Andrew Young – Research Fellow and Director of Graduate Students, Free Market Institute 3:00 – 3:15 PM Break 3:15 – 4:15 PM Spontaneous Order, Entrepreneurship, and Economic Change Adam Martin – Political Economy Research Fellow, Free Market Institute 4:15 – 4:30 PM Walk from Rawls College of Business to Murdough Hall 4:30 – 6:00 PM Break 6:00 – 7:00 PM Dinner Murdough Hall – The Market 7:00 – 9:00 PM Social Hour 9:00 PM Program Adjourns Friday, June 24, 2016 – Applications: Political Economy and Public Policy 7:00 – 8:30 AM Breakfast Murdough Hall – The Market 8:30 – 9:00 AM Walk from Murdough Hall to Rawls College of Business 9:00 – 10:00 AM Socialism, Interventionism, and Unintended Consequences Robert Murphy, Research Assistant Professor, Free Market Institute 10:00 – 10:15 AM Break 10:15 – 11:30 AM Examining the Effects of a Minimum Wage on the Labor Market…An Experiment Vance Ginn – Economist, Center for Fiscal Policy, Texas Public Policy Foundation 11:30 – 11:45 AM Break 11:45 AM – 12:30 PM Public Policy Breakout Discussion Groups 12:30 – 2:00 PM Lunch Rawls College of Business – McCoy Atrium 2:00 – 3:00 PM Social Policy: The Case of Drug Prohibition Audrey Redford – Assistant Professor of Economics, Western Carolina University 3:00 – 3:15 PM Break 3:15 – 4:15 PM Fiscal Policy: Government Spending and Government Debt Vance Ginn – Economist, Center for Fiscal Policy, Texas Public Policy Foundation 4:15 – 4:30 PM Break 4:30 – 5:30 PM Monetary Policy: The Federal Reserve and Business Cycles Robert Murphy, Research Assistant Professor, Free Market Institute 5:30 – 6:00 PM Break 6:00 – 7:00 PM Dinner Murdough Hall – The Market 7:00 – 9:00 PM Social Hour 9:00 PM Program Adjourns Saturday, June 25, 2016 – Liberty and History 7:00 – 8:30 AM Breakfast Murdough Hall – The Market 8:30 – 9:00 AM Walk from Murdough Hall to College of Media and Communication 9:00 – 10:00 AM Classical Liberalism and Western Civilization Steve Balch – Director, Institute for the Study of Western Civilization 10:00 – 10:15 AM Walk from College of Media and Communication to Southwest Special Collection Library 10:15 AM – 12:15 PM Remnant Trust Presentation/Walking Tour of TTU Campus Southwest Special Collection Library 12:15 – 12:30 PM Walk from Southwest Special Collection Library to Murdough Hall 12:30 – 2:00 PM Lunch Murdough Hall – The Market 2:00 – 3:00 PM The Rise of Big Business and its Discontents Christy Ford Chapin – Assistant Professor of History, University of Maryland Baltimore County 3:00 – 3:15 PM Break 3:15 – 4:15 PM Government Policy and the Great Depression Christy Ford Chapin – Assistant Professor of History, University of Maryland Baltimore County 4:15 – 5:30 PM Break 5:30 – 6:30 PM Dinner Murdough Hall – The Market 6:30 – 7:15 PM Break 7:15 – 7:30 PM Walk from Murdough Hall to TTU Leisure Pool 7:30 – 10:00 PM Social Hour TTU Leisure Pool – Robert H. Ewalt Recreation Center 10:00 PM Program Adjourns Sunday, June 26, 2016 7:00 – 8:30 AM Breakfast Murdough Hall – The Market 8:30 – 11:00 AM Program Adjourns/Check Out from Murdough Hall