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June 11, 2008
Francisco Marroquin University
This is Liberty Plaza, the physical and cultural heart of campus at Francisco Marroquin University in Guatemala City. Translating from the concepto page on its web site, Liberty Plaza and its adjacent museums and event center exist as "an homage to the human betterment that liberty provides by allowing man to think, to create, to act, to live, to be expressed…" What is a libertarian cultural center doing on a university campus in the heart of a socialist country? Perhaps a question that motivates this L.A. Times feature on Manuel Ayau and Francisco Marroquin University, which he founded in 1971. "The poor are not poor just because others are rich," said Manuel Francisco Ayau Cordon, a feisty octogenarian businessman, staunch anti-communist and founder of the school. "It's not a zero-sum game." I've visited UFM several times. Its beatiful campus of red brick sculpted into lush green lawns is reminiscent of what Howard Roark might design. Every undergraduate student takes an economics course, with Mises and Hayek being the focus of the syllabus. The University has a center for the study of public choice economics, and a Henry Hazlitt Center for study of Austrian economics. Many of the faculty have their own talk-radio programs, broadcast nationally. And its current president, economist Giancarlo Ibarguen, was a key figure in Guatemala's 1996 privatization of the frequency spectrum (see, among others, Giancarlo's papers here and here). UFM's use of technology is cutting edge (easily surpassing "most wired" campuses in the U.S.). Check out the scores of videos at their New Media Center, which includes the entire Free to Choose video series among lots more. Posted by Edward J. Lopez at 09:43 AM in Economics
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
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