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The Moral Foundations of Free Enterprise Reading Group

The Gilliam Center for Free Enterprise supports "The Moral Foundations of Free Enterprise" Reading Group. This reading group provides JMU students with a rigorous, in-depth look into ideas that have had a major influence on contemporary economic and political thought. By reading and studying these ideas, JMU students will have a better understanding of free enterprise, ethics and Americans' intellectual heritage.

The Gilliam Center encourages any JMU student with 45 credits or fewer to apply at the beginning of each semester. Only twelve students are selected to participate. Selected students must have full attendance and satisfactory completion of assignments in order to receive a $500 scholarship. Students WILL NOT receive any academic credits.

Students will be expected to contribute meaningful, perhaps provocative, comments in a relaxed, educational atmosphere. Once a topic has been completed, the faculty discussant will assign a project for the students to complete. This project will require the students to delve deeper into the ideas and it will help faculty leaders verify that students completed the assigned readings. If you are interested in joining the club, or desire additional information, please contact Bob Subrick at

Readings include excerpts from

Adam Smith, Theory of Moral Sentiments

Adam Smith, The Wealth of Nations

F.A. Hayek, The Road to Serfdom

James Madison, The Federalist Papers

Milton Friedman, Capitalism and Freedom

Deirdre McCloskey, Bourgeois Virtues

John Maynard Keynes, Essays in Persuasion

Michael Sandel, What Money Can't Buy

Gilliam student activities
Affiliate Organizations

Net Impact | Net Impact is a global organization of students and professionals using business to create a more socially and environmentally sustainable world. READ MORE >

Enactus | Enactus is a global, nonprofit student organization that specializes in learning, practicing and teaching the principles of free enterprise. READ MORE >

Center for Entrepreneurship | The Center creates and promotes academic, scholarly and experiential activities related to entrepreneurship, innovation and venture creation. READ MORE >

Center for Economic Education |The Center for Economic Education is an outreach center of the James Madison University College of Business that promotes economic literacy in the Shenandoah Valley of Virginia. READ MORE >

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