Economics

Defying Skeptics, Some Business Schools Double Down on Capitalism

Adam SmithPhotograph by Universal History Archive
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Free market purists are thriving on some business school campuses, where a handful of student and institutional initiatives have formed to promote the tenets of capitalism.

Last fall, three second-year MBAs at Duke University’s Fuqua School of Business formed a chapter of the Adam Smith Society—a project of the Manhattan Institute for Policy Research, a conservative think tank—that advances the ideas of free enterprise among MBA students. Last week, Fuqua’s offshoot was named “best new chapter” by the society.