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Nancy Roberts Speech Summary

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On October 24th I saw Dr. Nancy Roberts, an economics professor at Arizona State University, speak at the business building. Her speech started late as a result of the high demand for seats to see her speak. She spoke to a couple hundred or so freshman who are in the WPC 101 class. In her speech she went over economic principles such as supply and demand. Moreover, she elaborated on the idea of economic freedom and the price method of allotting limited resources, which is what economics is, the study of allocation of limited resources. Professor Roberts gave the definition of what economists do, allocate finite resources. She went over different ways that they could be allotted, such as to those with certain physical appearances, intelligence,
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