UFM seeks to accelerate prosperity creation and improve quality of life in developing communities by developing new data-informed understandings of thriving entrepreneurial societies and bringing relevant educational content to new audiences.
For over 50 years UFM has taught, primarily through the university classroom, the ethical, legal, and economic principles necessary to support the emergence of freedom-oriented and market-based political economies. We now seek to share these foundational insights more widely.
Our “big idea” is that purposeful human action is ultimately the key driver of prosperity. People have goals and plans and act to achieve them. By bringing the local knowledge and circumstances that inform people’s plans into the foreground and accelerating human learning we believe that the Prosperity Lab will spark more bottom-up innovation and market-creating entrepreneurship that will lead to expanding and enduring prosperity.
Leveraging UFM’s capabilities, resources, knowledge, trusted networks, and brand reputation, UFM Prosperity Lab will:
1) Promote learning about market economics, entrepreneurship, and the principles of freedom among microentrepreneurs, business and NGO leaders, and employees and families by developing new content and delivery channels for non-traditional audiences.
2) Improve understanding about the drivers of entrepreneurial success and accelerated prosperity creation by collecting and analyzing diverse data on economics, entrepreneurship, education, and quality of life.
3) Advance scholarly theory, institutional design, and practical action consistent with the flourishing of entrepreneurial societies by attracting an international community of scholars and practitioners interested in understanding the key drivers of prosperity and quality of life.
