Loyola Business - Spring 2004

Nick Capaldi Honored With Faculty Service Award

Nick Capaldi, Legendre-Soule Chair, received the Will Herberg Award for Outstanding Faculty Service to the Intercollegiate Studies Institute. Capaldi traveled to Washington, D.C., to receive the award in October at the Intercollegiate Studies Institute (ISI) 50th anniversary celebration. At the celebration, Vice President Dick Cheney delivered the keynote address with additional comments from national columnist William Buckley, Jr., and Edwin Feulner of the Heritage Foundation.

"This award means a great deal to me," Capaldi said. "I have been associated with ISI for a long time. Basically, ISI wants to preserve and defend certain traditional positions such as free market economies, limited government and the rule of law, and the spiritual foundations of America. These are things I very much believe in. My focus has been on markets and morality in the work I do for them. This fits very well with my present position at Loyola where I defend market economies, but argue that they need spiritual foundations to work well. This is what I try to convey in my classes on business ethics.”

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