The study of Capitalism is rooted deep in the history of economic thought, from the seminal works of Adam Smith, John Stuart Mill, Alfred Marshall, and A.C. Pigou to the more contemporary works of Galbraith, Hayek, Samuelson, Friedman, and Becker. At its core, the study of capitalism is a study of how the market economy allocates products, labor, and capital, how economies grow through the capital formation process, how countries allocate their resources between public and private goods, and how public and private institutions deal with economic externalities and income distribution.

As a Jesuit Catholic university, Xavier strives to promote the dignity of the person through contributing to the development of social and economic structures that allow individuals and communities to attain their full potential. The mission of the Stephen S. Smith Center for the Study of Capitalism and Society is to advance and spread the study of capitalism and society so that people can gain a deeper understanding of how it works with other institutions in developing a healthy and vibrant society.


Luncheon Presentation: September 29, 2017 at Noon in Duff Banquet Room, Cintas Center.

J.D. Vance, Author, "Hillbilly Elegy: A Memoir of a Family and Culture in Crisis"