Founded in August 2015, the mission of the John H. Schnatter Center for Free Enterprise is to engage in research and teaching that explores the role of enterprise and entrepreneurship in advancing the well-being of society.

Friends in High Places:
Examining the Effects of Cronyism in Society

Saturday, October 28, 9:30 a.m. – 6:00 p.m.
College of Business Room 226
Register Here

What is the relationship between markets, governments, and cronyism? Spend a Saturday exploring the advantages and disadvantages of government influenced entrepreneurship.
Sessions include:

  • Entrepreneurship and Government – Professor Steve Gohmann
    How do entrepreneurs create wealth in society? How do political entrepreneurs destroy it? We will examine how businesses engage in cronyism and the consequences of crony policies.
  • Inequality and Cronyism – Professor Steve Miller
    How does cronyism create and perpetuate inequality? In both the U.S. and abroad, crony capitalism suppresses competition and stifles entrepreneurship, which are the engines of both growth and economic mobility. An examination of inequality data can help us understand the impact of cronyism, and how many countries have enacted reforms to successfully reduce inequality.
  • Picking Winners and Losers: The Role of the State in Economic Development
    – Professor Pete Calcagno
    What is the role of the state in economic development? Should state and local governments offer business subsidies and tax reductions to attract them to their locations, and do these polices lead to lower unemployment, higher growth rates, and higher incomes?  We’ll examine the consequences of the government acting as investor of taxpayer money and picking winners and losers.

Registration is free, and includes lunch and dinner.

Space is limited so register today

A Panel Discussion

Wednesday, November 15, 5:15 p.m.
PNC Horn Auditorium
Harry Frazier Hall, College of Business

More Information


By participating in Schnatter Center events, you are authorizing the University of Louisville to photograph and record video and audio of your likeness, voice, and performance without payment or other compensation, for possible use in educational materials, broadcasts, websites or social media. You hereby release all claims to such photographs and recordings and waive any right that you may have to inspect or approve any such use.


University of Louisville
College of Business
Harry Frazier Hall
Louisville, KY 40292
Phone: (502) 852-6440
Fax: (502) 852-7557


The UofL College of Business is separately accredited by AACSB International (The Association to Advance Collegiate Schools of Business). Visit our Accreditation page for details.

University Accreditation:
Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)


facebook twitter