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Against Free Market Economics: Lecture and Luncheon with Dr. Tony Annett
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October 12, 2023
11:30 AM - 1:00 PM CDT, Beane Hall, Lewis Towers, WTC.
Free markets are good at producing wealth but fall quite short in engendering justice or well-being. On the other hand, Catholic social teaching– and the economic theories attached to the Catholic intellectual tradition–offer a more balanced view of market economies and who markets are meant to serve. Resisting free market ideology, Catholic social teaching emphasizes how the common good must take precedence in economic life. Anthony Annett, author of “Cathonomics: How Catholic Tradition Can Create a More Just Economy” explored the insights of this tradition in light of current debates. Response by Dayle M. Smith, Ph.D., Dean of the LMU College of Business Administration.
Tony Annett
Anthony Annett is a Visiting Scholar at the Center for Sustainable Development, Columbia University. His work centers on the intersection of ethics, economics, Catholic social teaching, and sustainable development. He is the author of Cathonomics: How Catholic Tradition Can Create a More Just Economy (Georgetown University Press, 2022). He also co-edited, with Jeffrey Sachs and others, a book entitled Ethics in Action for Sustainable Development (Columbia University Press, 2022). He spent over two decades at the International Monetary Fund, including as speechwriter to two Managing Directors. He holds a Ph.D. in economics from Columbia University, plus a B.S. (first class degree and gold medal) and a M.Litt. from Trinity College Dublin. He is also a Fellow of the Dominican School of Philosophy and Theology.
Dayle M. Smith
Dayle M. Smith, PhD, Dean of the College of Business Administration (CBA) Loyola Marymount University holds her PhD in Organizational Communication, an interdisciplinary degree from the Annenberg School and the Marshall School of Business from the University of Southern California. She serves on the Board of Trustees for Globally Responsible Leadership Institute (GRLI), an international collaborative of deans and directors. Dayle also serves as President Elect for the International Association of Jesuit Business Schools (IAJBS) and is on the World Trade Center-Los Angeles Board of Advisors, March 2023 in addition to being on the advisory board for Foolproof’s Walter Cronkite Project. She has served on the Innovation Taskforce for the AACSB, focusing on issues related to DEI, Technology and Societal Impact . At LMU, she leads the CBA’s faculty, students and staff and is responsible for the undergraduate program and a graduate portfolio of 8 programs. Author of over 25 books and numerous articles in her discipline, Dayle’s research has focused primarily on leadership, communication and organizational behavior. She is passionate about innovation culture, entrepreneurship and corporate citizenship at the global level. Dr. Smith was one of the founding deans of the Women in Business Education (WiBE) organization and past president of Northeast Business Deans; she was a founding Board member and former Co-Chair of the Young Women’s Leadership Institute of Northern New York, past Chair of AACSB’s Women Administrators in Management Education (WAME) and a co-founder of Lexingford Publishing Company. She served on the board of ViviendasLeon, an international NGO. Dayle has been named to the LA 500 “Most Influential People in Los Angeles” in 2020, 2021, 2022 and 2023 (LA Business Journal).
