The Economics of Prosperity

— with Karen Y. Palasek

Dates: August 16, 2013 - August 16, 2013
Status: Closed

About the Webinar

A 90 minute online session with economist Karen Palasek all about opportunity, productivity, and prosperity.

This webinar:

  • Takes a look at economic freedom from the opposite end of the “I, Pencil” telescope– looking at how a very small contribution/ individual contributor in a market enterprise environment can become part of a much greater engine of further opportunity, productivity, and prosperity.
  • Illustrates how American economic freedom has offered a path to explore opportunity, productivity, and prosperity for many families, particularly immigrants who have flocked to the U.S. over time. Highlights this concept with examples of families and individuals who have courageously made this journey.
  • Reminds us that value and success has many variants, that it is a process, and that the rewards to economic freedom and enterprise are often the result of courageous risks—especially by those escaping oppressive regimes or conditions– borne by ordinary people trying to better themselves and their families.
  • Gives an overview of “The Market Under Glass”—the conditions that promote economic prosperity through opportunity and productivity.
  • Reminds us in summary that the spontaneous order of the market includes the necessary element of trial and error, an element that cannot be eliminated by assuming that any one planning body can create, collect, understand, or implement all of the data relevant to the process at hand.


5:30 pm Eastern Time, Friday, August 16.


40–50 minutes of lecture. 30–40 minutes of Q & A.


Karen Y. Palasek

Dr. Palasek is currently Director, E.A. Morris Fellowship for Emerging Leaders, a program that “encourages committed, diverse, and principled North Carolinians to pursue greater leadership roles within their professions and communities.” She received her B. Mus. Ed. from Hartt College of Music at the University of Hartford, her M.A. in Economics from the University of Connecticut, and her Ph.D. in Economics from George Mason University. While completing requirements for the doctoral degree in economics, Karen also served as a legislative assistant for U.S. Rep. Ron Paul (R-TX).

Since receiving the doctorate in 1989, Dr. Palasek has continued to sharpen the educational saw, beginning with the Certificate in Nonprofit Management intensive track program at Duke University in 2008. She then completed a M.A. in Organization Development in the EMOD program at Bowling Green State University, Ohio in 2010.

She is published in top journals, newspapers, and on various websites. Dr. Palasek is Founder and Principal of Palasek Consutling Group, LLC, and before moving to North Carolina was a full-time home-school teacher for nine years.

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