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Texas Tech opens Free Market Institute
Lubbock Avalanche-Journal ^ | March 7, 2013 | unattributed

Posted on 03/11/2013 4:30:05 AM PDT by 1rudeboy

Institute funded by $4M gift from anonymous West Texas cattle rancher

Tech officially opens Free Market Institute

Texas Tech officials on Wednesday announced the opening of the new Free Market Institute designed to research and educate students, the Lubbock community and the nation on the benefits of free-market economics.

Benjamin Powell will head the institute. He is a senior fellow at the Independent Institute, a newspaper columnist and a visiting professor in the Rawls College of Business, according to a Tech news release.

Powell was editor of “Making Poor Nations Rich: Entrepreneurship and the Process of Development” and co-editor of “Housing America: Building Out of a Crisis.” He has written more than 50 scholarly articles and policy studies. He primarily studies economic development, Austrian economics and public choice.

Additional faculty at the institute will include Michael Giberson, an instructor of energy commerce at the Rawls College of Business; Eduardo Segarra, chairman of the Department of Agricultural and Applied Economics; and Charles Long, who will serve as an economist and administrator. A national search for two more faculty members is under way.

The institute is funded by a $4 million gift from an anonymous West Texas cattle rancher. It will be housed under the office of the vice president of research at Texas Tech.


TOPICS: Business/Economy; Constitution/Conservatism; Philosophy; US: Texas
KEYWORDS: benjaminpowell; texas; texastech
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To: 1rudeboy
Let’s see..... raising beef cattle or.......... finding oil/gas on your property .......... LOL, not even close.
21 posted on 03/11/2013 9:14:09 AM PDT by Ditter
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To: Ditter
...oil wells on your property is defiantly invasive but you can then go and buy another piece of property...

We're talking Lubbock area here.   What possible good would it do for the guy to use a bit of the oil earnings and buy another farm only to turn right around and end up with yet another oil fortune.   It's simply one of those no-win situations with no easy solution.

22 posted on 03/11/2013 11:11:57 AM PDT by expat_panama
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To: expat_panama

You know what, you are right! Money is dirty, I mean it really has germs and stuff on it, oil money would have nasty oil on it. Not healthy to have it around.

I knew a lawyer once years ago and he had his wife wash all the cash money that he got from clients. I mean she really put it in the sink with soap and water and then ironed it dry. No dirty money for that guy no sir! Not gonna hang anything on him. snort)))))))


23 posted on 03/11/2013 1:37:40 PM PDT by Ditter
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To: Ditter

A lawyer friend of mine was telling me of how most university psych depts had decided to quit doing lab tests on rats but were running the tests on lawyers instead. The reasons were that lawyers were easier to find, their numbers multiplied more quickly, and that there were always some things that rats were just not willing to do.


24 posted on 03/11/2013 2:49:12 PM PDT by expat_panama
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To: expat_panama

So it’s true......... there is nothing lawyers won’t do!

You don’t suspect that all that money that the lawyers wife washed could have had drugs on it do you?????? OMG!


25 posted on 03/11/2013 3:06:43 PM PDT by Ditter
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To: Ditter

-——there is nothing lawyers won’t do!-——

Well, that’s just not right.

They won’t pay their bills.


26 posted on 03/11/2013 3:15:38 PM PDT by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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