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Free Enterprise at the Baugh Center

Dr. Lucas Rentschler of Guatemala’s Universidad Francisco Marroquin (UFM) on “Liberty in Central America: Education, Policy and Politics”.

April 14, 2014

Waco, Texas

In a well attended luncheon on Friday, Dr. Lucas Rentschler of Guatemala’s Universidad Francisco Marroquin (UFM) overveiwed to faculty and students that market-based principles for economic growth are alive and well in Central America.

Dr. Rentschler discussed the unique foundations of UFM as a Latin American base for Austrian economics ideas with its subsequent rise to prominence and influence in Guatemala based on the success of its graduates. Dr. Renschler overviewed the University’s curriculum which grounds students in the ethical, legal and economic principles of a society. UFM, a private university based in Guatemala City, now has over 2,700 undergraduate students and 1,500 graduate students.

Dr. Rentschler, who received his Ph.D. from Texas A&M University, observed that conversations in U.S. universities are often superficial and challenged the audience to engage in deeper discussions of foundational ideas on which society is based.

The Baugh Center for Entrepreneurship & Free Enterprise seeks to aid in the preservation of the competitive free enterprise system, including the vital small business sector of the economy and promote entrepreneurial activity among individuals and organizations that stimulate economic development through the formation of new business ventures. For more information visit: www.baylor.edu/business/freeenterprise.

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