The email I sent last week advertising the Center for Economic
Education's Student Essay Contest was issued in error to UTC Raven. It
was intended for students on UTC Scrappy and not to stimulate political
commentary on Raven.
While, I fully respect Drs. Russell, and Garrett's right to their
political and professional views, it appears that their commentary may
not have been completely accurate. First, regarding Dr. Russell's
comment, the essay contest guidelines, referenced in the link provided
in the advertisement, clearly indicate that contestants need not agree
with any given position on the issue, and that their essays will be
judged on the basis of the clarity of the writing, and the quality of
their thinking. Thus they would be free to oppose or support any of the
issues to which Dr. Russell alludes. I should also point out that the
previous winning essay in this contest series conducted by the Probasco
Chair was opposed to both free markets and free trade.
Second, regarding Dr. Garrett's definitional argument, while the use of
the term "free market" may be an idealized concept, many if not most,
economists consider a "free market" economy as an economy where the
market is relatively free, as in an economy over seen by a government
that practices laissez-faire, rather than a statist economic policy. A
government's use of force or intervention in the marketplace is ideally
limited to protecting the market participants from coercion, including
protection of property rights and enforcement of contracts. While
responsible economists try not to use the terms "always and everywhere,"
it should be noted that many economists agree that government regulation
does produce an inferior result in a perfectly competitive market place,
not the opposite. While Dr Garrett is certainly entitled to his own
professional opinion, it should also be noted that it appears to be a
minority opinion at best.
-----Original Message-----
From: UTC Staff E-Mail List [mailto:[log in to unmask]] On Behalf Of
James Russell
Sent: Tuesday, August 30, 2005 12:03 PM
To: [log in to unmask]
Subject: Re: [UTCSTAFF] Probasco Chair Essay Contest
Looks like a slanted approach to the main theme. I don't see room here
for a pro and con approach. Contestants might want work in topics like
the loss of pension benefits, lack of health insurance, excessive
salaries for CEO's, and so forth.
Mike Russell
-----Original Message-----
From: Dennis Pearson <[log in to unmask]>
To: [log in to unmask]
Date: Tue, 30 Aug 2005 11:30:30 -0400
Subject: [UTCSTAFF] Probasco Chair Essay Contest
The Scott L. Probasco, Jr. Chair of Free Enterprise and the Center for
Economic Education at the University of Tennessee at Chattanooga invites
submissions to an essay contest on the topic of The Benefits of a Free
Market Economy.
Below is the announcement and links for further information. For more
information or questions, contact the Probasco Chair at 425-4118.
______________
The Probasco Chair of Free Enterprise
Announces
A Student Essay Contest on
"The Benefits of a Free Market Economy"
First Place: $500 Scholarship
Second Place Receives $250 Scholarship
Third Place Receives $100 Scholarship
Open to full-time students 25 years and younger
Contestants will chose from the following three topics:
What Causes Prosperity?
What is the Appropriate Role of Regulation in a Free Economy?
Can Free Markets Protect the Environment?
The Scott L. Probasco, Jr. Chair of Free Enterprise and the Center for
Economic Education at the University of Tennessee at Chattanooga invites
submissions to an essay contest on the topic of The Benefits of a Free
Market Economy.
Entries will be judged on the basis of logical and effective argument,
as well as the clarity of exposition, grammar, spelling, punctuation,
and sentence structure. Essays must be typed and double spaced. The
winners of the contest will be announced in the Enterpriser, a
publication of the Probasco Chair of Free Enterprise. The best entries
will also be automatically entered into a national and international
level competition sponsored by The Association of Private Enterprise
Education.
The essay contest rules are as follows:
* Entries must be written solely by students
* Entries must be received on or before November 1, 2005
* Winners will be announced December 7, 2005
* Decisions of the judges are final
* Winners must accept the awards in person at the Probasco Chair
offices.
Submit entries to:
Probasco Chair of Free Enterprise
The University of Tennessee at Chattanooga
313 Fletcher Hall, Dept. 6106
615 McCallie Avenue
Chattanooga, TN 37403
Tel: 423-425-4118
Fax: 423-425-5218
For further information including length, format, and sample essays, go
to the
Association of Private Enterprise Education website at:
www.apee.org/essay/essaycontest.html
________________
Dr. Dennis Pearson
Assistant Director - Center for Economic Education
313 Fletcher Hall, Dept. 6106
615 McCallie Ave
Chattanooga, TN 37403-2598
(W) (423)425-4118
(F) (423)425-5218
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Dr. Pearson website <BLOCKED::http://www.utc.edu/dennis-pearson>
Center for Economic Education
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________________
Dr. Dennis Pearson
Assistant Director - Center for Economic Education
313 Fletcher Hall, Dept. 6106
615 McCallie Ave
Chattanooga, TN 37403-2598
(W) (423)425-4118
(F) (423)425-5218
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Dr. Pearson website <BLOCKED::http://www.utc.edu/dennis-pearson>
Center for Economic Education
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