On April 23, Robert Salvino will speak on the topic of “Entrepreneurship and Public Policy.” Dr. Salvino received his Ph.D. from Georgia State University in 2007 and currently teaches in the Department of Economics at Coastal Carolina University, South Carolina.
All of the campus community is welcome to attend. Scarborough Hall, Rm 212 from 11:00am – 12:15pm.
Forbes magazine named Magatte Wade one of the “20 Youngest Power Women of Africa.” Magatte was born in Senegal, educated in France, and started her entrepreneurial career in the U.S. Her first company, Adina World Beverages, based on indigenous Senegalese beverage recipes, became one of the most widely distributed U.S. brands started by an African entrepreneur. Her second company, Tiossan, sells skin care products based on indigenous Senegalese recipes online and at high-end boutiques. Magatte was also named a Young Global Leader by the 2011 World Economic Forum at Davos and is a frequent speaker on college campuses.
Kaizen: Where in Senegal were you born?
Wade: I was born 80 kilometers south of Dakar on the coast of the Atlantic, in a small town called M’bour. It used to be a very small town but because it’s a beach village, it’s become one of the main leisure and tourist towns.
Kaizen: The Gambia River runs from the west through Senegal?
Wade: Yes. We are about three hours north of that.
Kaizen: What was your education as a child like?
Wade: I never went to school when I was a child in Senegal. I credit a lot of who I am and my love of freedom to that—to the fact that my grandmother allowed for me not to go to school.
Kaizen: So you were raised by your grandmother primarily?
Wade: Yes, for three or four more years. Instead of going to school, I would spend all of my time playing with boys, going on expeditions, and things like that.
Kaizen: At what age did you go to Europe?
On March 28, Dr. Terry Noel will speak on “The Virtuous Entrepreneur.” Noel is Associate Professor of Management and Quantitative Methods at Illinois State University where he teaches classes in Entrepreneurship and Management. Dr. Noel’s research has been published in journals including the Academy of Management Journal, the Journal of Business Ethics, and the Journal of Entrepreneurship Education.
All of the campus community is welcome to attend. Scarborough Hall, Rm 212 from 11:00am – 12:15pm.
Kaizen Weekly Review highlights activities of The Center for Ethics and Entrepreneurship and recent business ethics and entrepreneurship news.
Editor: Virginia Murr
The Last Mile May Be First Step for Inmate Entrepreneurs
At California’s San Quentin prison, inmates have the opportunity to participate in the Last Mile, an entrepreneurship course modeled on start-up incubators that take in batches of young companies and provide them with courses, informal advice, and seed investments. Start-up ideas from inmates include a cardiovascular health organization and an e-commerce site for artists in prison. Read the full article here.
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The Open Letter that Stopped a Lucrative Marketing Campaign
On September 19, 2012, Thor Halvorssen, Founder of the Human Rights Foundation, published this open letter to Urban Outfitters in The Huffington Post about its Che Guevara marketing campaign and line of fashion merchandise. The letter is useful as a case study for Business Ethics courses in discussions of marketing using popular political figures, especially those with a record like Guevara’s. Urban Outfitters subsequently decided to drop its Che campaign and fashion line.
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The Morality of Capitalism
Stephen Hicks gave a talk to the Bastiat Society in Panama on the debates over the morality of capitalism, contrasting the positions of Friedrich Hayek, Ayn Rand, Milton Friedman, and others. Here is the abstract from his lecture.
Note: The Bastiat Society is named for Frédéric Bastiat, the great nineteenth-century liberal public intellectual.
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.A Quirky Interview
In a recent interview with Dan Schneider for Cosmoetica, Hicks covered such themes as the nature of values, art, religion, corporations, and the meaning of life. Other interviewees in the series include Daniel Dennett, Larry Sanger, and Steven Pinker.
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Would More Regulations Curb NCAA Violations?
Shawn Klein is quoted in this article from Coach and Athletic Director magazine examining the use of more regulations to curb NCAA violations. In the article, Klein states: “I don’t know that stricter policies or punishment would be that much more effective, because part of the problem is that there are so many rules and a lot of them are opaque.” Read the full article.
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CEE Guest Speaker Series
Marta Podemska-Mikluch, a visiting professor of Economics at Beloit College and recent Ph.D. graduate from George Mason University, was CEE’s guest speaker for February. She gave a talk to students and professors on “Succession, Elections, and Self-Governance,” focusing on the Polish-Lithuanian Commonwealth’s “nobles’ democracy” of the 16th century.
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See you next week!
Previous Issues of Kaizen Weekly Review.
Kaizen Weekly Review highlights activities of The Center for Ethics and Entrepreneurship and recent business ethics and entrepreneurship news.
Editor: Virginia Murr
Give Lance Armstrong Another Chance?
CEE Professor Shawn Klein, who runs the popular Sports Ethicist blog, gave his opinion to CNN on the Lance Armstrong scandal. Klein writes: “Violating the arbitrary rules of a sport shows a character flaw and poor judgment, but it is hard to see who else is truly harmed by such actions.” For more, click here.
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Professor Klein on Podcast
Klein was also interviewed by Rockford College Radio, discussing why he became a professor, his book Harry Potter and Philosophy: If Aristotle Ran Hogwarts, and Ayn Rand and the Atlas Shrugged movies.
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Explaining Postmodernism in Iran
Dr. Stephen Hicks’s Explaining Postmodernism: Skepticism and Socialism from Rousseau to Foucault has been translated into Persian by H. P. Safir and published by one of Iran’s biggest publishers, Qoqnoos Publishing House in Tehran. Click here to view the web page for the Persian translation of Explaining Postmodernism. Information on other editions and translations of the book can be found here.
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Television Interview in Houston
While in Houston giving a talk to the Houston Property Rights Association on “Free Market Philosophy in the Classroom,” Dr. Hicks appeared for an interview on David Hutzelman’s television show. The interview covered entrepreneurial ethics, why business ethics should focus on the positive more than the negative, and our cultural progress in developing institutions of trust. Here is the interview:
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Teaching Liberty at UIS
After two years of hard work, CEE guest speaker Professor William Kline had his Liberty Studies minor approved by the University of Illinois at Springfield’s Campus Senate. View CEE’s interview with Professor Kline.
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Filling a Gap in Business Ethics
Another CEE guest speaker, Professor Alexei Marcoux of Loyola University Chicago, working in conjunction with Professor Chris MacDonald, has launched Business Ethics Journal Review (BEJR), which went live on February 14, 2013. BEJR is an open-access academic journal publishing peer-reviewed commentaries and facilitating broad discussion. Watch CEE’s interview with Professor Marcoux.
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Innovations in Modern Medicine Illustrated
This Forbes article includes a striking visual created by Leon Farrant, a graphic designer in Purchase, N.Y., showing how vaccinations have impacted our lives, “driv[ing] home how effective the common childhood inoculations, made by Merck, Sanofi, GlaxoSmithKline, and Novartis, are.”
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Sold Out Concert? Attend Anyway
Kaizen interviewee Judy Estrin has teamed up with her son David Carrico to bring an interactive concert hall to the Web. According to this techcrunch.com article, EvntLive is intended to “create a scalable platform to stream live concerts ranging from sold-out arenas to intimate clubs, backed by a curated library of shows fans may have missed, integrated with social media, behind-the-scenes video and e-commerce.” Read CEE’s interview with entrepreneur Judy Estrin.
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See you next week!
[Previous Issues of KWR.]
About 3 percent of American adults are currently under correctional supervision, and about 1/3 of Americans will be arrested before age 23. Both groups may have trouble finding legitimate employment and may therefore turn to crime to make a living. Entrepreneurship education offers a way out of this cycle: self-employed entrepreneurs can circumvent background checks, low wages, and discrimination.
By May, a new law in Chile should be in effect, allowing entrepreneurs to incorporate their businesses online for free within one day. This is part of Chile’s Year of Innovation, a billion-dollar initiative launched by President Sebastián Piñera, which is designed to simplify the process of innovation for Chileans.
Read more about the new law here.
Learn about Chile’s Year of Innovation.
Christopher Hann, at Entrepreneur, writes about the value of failure in life and in entrepreneurship. Entrepreneurs should not ignore the possibility of failure, but should learn to “fail early and often.” They can then identify their failures through trial and error in the beginning stages of a venture and have time to adapt and improve their business.
Also related: Dr. Stephen Hicks on The Entrepreneurial Process.
Professor Stephen Hicks, CEE’s Executive Director, interviewed guest speaker Arielle John (Beloit College) about the influence of culture on entrepreneurship. Watch the interview below.
On January 31, Professor Arielle John will speak on “How culture influences entrepreneurial decision-making.” Professor John is a native of Trinidad and a Ph.D. candidate in economics from George Mason University. She currently teaches in the Department of Economics at Beloit College, Wisconsin.
Professor John’s talk will be held in Scarborough Hall, room 212, from 11 am-12:15 pm. All members of the campus community are welcome to attend.
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