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3 Fall

ISSN 0890-913X

Volume 1, Number 10

Categories: Fall 2019 | Economic freedom

ADAM SMITH AWARD REMARKS The Consequences and Causes of Economic Freedom

Robert A. Lawson, Southern Methodist University

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ADAMSMITHAWARDREMARKSTheJournalofPrivateEnterprise34(3),2019,1–10TheConsequencesandCausesofEconomicFreedom*RobertA.LawsonSouthernMethodistUniversity______________________________________________________AbstractThisarticlediscussesthehistoryofthedevelopmentoftheEconomicFreedomoftheWorld(EFW)index,reflectsonwhatwehavelearnedfromtheresearchusingtheindex,andspeculatesonthedirectionofthenextwaveofresearchlookingatthedeterminantsofeconomicfreedom.______________________________________________________JELCodes:P00,O43Keywords:economicfreedomI.IntroductionIfirstattendedAPEEin1993,sothismeetingrepresentsthetwentyseventhconsecutivemeetingthatIhaveattended.TheAdamSmithAwardwinneratthatfirstmeetingIattendedwasGordonTullock,andIcan’thelpbutwonderwhatinsultGordonwouldhaveformetodayaboutjoininghimonthisdistinguishedlist.Infact,asIlookattheotherAdamSmithAwardwinnerssuchasElinorOstrom,ArnoldHarberger,HaroldDemsetz,ArmenAlchian,DouglassNorth,VernonSmith,andJamesBuchanan,amongsomanyothers,IexpectfuturegenerationsofAPEEattendeeswillpointatmynameandplaytheold“whichofthesethingsdoesn’tbelongwiththeothers”game.Withthatsaid,IalsoseenameslikeLarryWhiteandPeteBoettkeonthelist—soperhapsI’mnotsooutofplaceafterall!Moreseriously,IhavemanypeopleI’dliketothanktonight.Mywife,Tracy,anddaughter,Keri,areheretonightandtheysharein*Thisarticlehasbeenadaptedforprintfromtheauthor’s2019AdamSmithAwardacceptancespeech.TheAdamSmithAwardisthehighesthonorbestowedbytheAssociationofPrivateEnterpriseEducation.ItisgiventorecognizeanindividualwhohasmadeasustainedandlastingcontributiontotheperpetuationoftheidealsofafreemarketeconomyasfirstlaidoutinAdamSmith’sWealthofNations.

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Title	ADAM SMITH AWARD REMARKS The Consequences and Causes of Economic Freedom
Authors/Creators:	Robert A. Lawson, Southern Methodist University
Year:	Fall
Volume:	1
Number:	10
Pages:	The Association of Private Enterprise Education - 0890-913X
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	economic freedom

Citation:
Lawson, Robert A. / Fall. "ADAM SMITH AWARD REMARKS The Consequences and Causes of Economic Freedom." The Journal of Private Enterprise, 1(10): The Association of Private Enterprise Education-0890-913X.