Economic theories abound about how people make choices under scarcity. Is there room for a richer and more realistic view of man in economic discourse?
On April 30, 2020, the Institute for Human Ecology at the Catholic University of America and the Mercatus Center co-hosted a webinar on the lessons offered by Saint Thomas Aquinas, Adam Smith, and Vernon Smith on the ingenuity of human beings in creating social orders that permit human flourishing, cooperation, and a prosperous society. In this webinar, we will explore these ideas and how they can help us consider current trade-offs and approaches to the COVID-19 crisis.
This webinar was moderated by Joseph Capizzi, Ordinary Professor of Moral Theology, and Executive Director of the Institute for Human Ecology at the Catholic University of America.