Wheeling Jesuit Speaker to Discuss the Need for Free Enterprise in Education

  WJU News
  Wednesday, October 11, 2017 8:47 AM
  WJU News, Academics

Wheeling, WV

Wheeling Jesuit Universiy's Institute for the Study of Capitalism and Morality (ISCM) will welcome Dr. Derek Yonai who will give a talk entitled “The Need for Free Enterprise in Business Education.”

He will offer his presentation at 7 p.m., Monday, Oct. 23 in Wheeling Jesuit’s Hawk Auditorium, located in Acker Science Center. The event is free and open to the public.yonai-web.jpg

Dr. Yonai is the the Director of the Koch Center for Leadership and Ethics and an Associate Professor of Business at Emporia State University in Emporia, Kansas, which he started on Oct. 9. Prior to that, Dr. Yonai was the managing director of the O’Neil Center for Global Markets and Freedom and Research Associate Professor in the Cox School of Business at Southern Methodist University.

“For more than half a century, business education has failed its students and our society. It has succeeded in teaching skills and training hands, but has done so at the expense of training minds. It has ignored that business is about relationships and is an inherently a social activity,” Dr. Yonai explained.

In severing the link between personal relationships and business activity, he said businesspeople no longer appreciate the proper social ecosystem necessary for business to help enhance human flourishing. “That ecosystem is the free enterprise system.” 

He will offer insights on how to properly use one’s business tools in a pro-human fashion, one needs to understand the environment and context.

“Using economic freedom measures, we can see whether a nation or state has created the necessary environment for human flourishing by having high levels of economic freedom. As the data demonstrates, places with more economic freedom have greater levels of well-being, because people are able to use their creativity and talents to improve the lives of others,” he added.

It is important, Dr. Yonai said to help future business leaders understand that a well functioning eco-system for business is just as important as learning the skills of business, so that these leaders can use their talents and skills to make the world a better.

Dr. Yonai has given numerous radio interviews discussing the connection between economic freedom and human flourishing. He has been a guest on radio shows in North Carolina, Florida, Iowa, Colorado, Montana, South Dakota and Alaska.

His published research discusses the economic role of property rights and the law. His recent research focuses on economists’ inability to communicate their ideas to the general public. His popular writings deal with the importance of understanding economic principles and the importance of economic freedom.

Dr. Yonai earned a Bachelor of Arts in economics from the University of California at Irvine and graduated with honors from Whittier College School of Law. In addition, he earned a Master of Arts in economics and a doctorate from George Mason University.

Founded in 2006 as a result of a gift from the BB&T Charitable Foundation, the ISCM is dedicated to an examination of capitalism and a free society. It supports the growth and development of teaching and research while establishing a forum for differing opinions to promote an appreciation of the concept, operation and effects of a Capitalistic system by engaging students and the community in activities designed to stimulate discussion of these important topics. 

For more information, please visit, wju.edu/academics/bus/iscm or call 304-243-2087.

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