CAPE GIRARDEAU, Mo., June 19, 2015 – Southeast Missouri State University senior Peter Jacobsen of Treynor, Iowa, will attend an economics conference July 19-25 in Auburn, Alabama, at the Mises Institute.
Mises Institute is an educational institute that focuses on Austrian economics, freedom, and peace. Jacobsen, Southeast’s Student Government president, says the Austrian school emphasizes private property and free markets as contributing factors in the economy.
“The Austrian school of Economics is described as an economic school of thought founded by the Austrian Carl Menger which uses logical reasoning to observe the subjective value of actors as the cause of any and all outcomes in the economy,” said Jacobsen, a Southeast economics major. “It has included many influential economists from Ludwig von Mises, who the institute is named after, to the Nobel Prize winning economist F.A. Hayek.”
At the July conference, Jacobsen will attend several courses and seminars related to Austrian economics with various faculty members from different careers and disciplines. At the end, honors and prizes will be given to those who perform well on an optional exam known as Mündliche Prüfung.
Jacobsen says he hopes to gain knowledge about economics and learn from some of the most intelligent people in the field.
Dr. Peter Kerr, Southeast professor of economics, told Jacobsen about the conference and encouraged him to apply. With a letter of recommendation from Kerr, Jacobsen applied and was awarded a scholarship to attend.
“It’s my ultimate goal to go on to graduate school for economics and be a professor, so this sort of interaction with scholars in the field is vital to that goal,” Jacobsen said.
Jacobsen is the treasurer for Lambda Chi Alpha, a leader in Campus Crusade, a member of Young Americans for Liberty and works at the Institute for Regional Innovation and Entrepreneurship.