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Economics Arkansas Presents 2019 LIFE Award to Warren Stephens

Economics Arkansas presented the 2019 Leadership in Free Enteprise (LIFE) Award to Warren Stephens on March 26, 2019, in Little Rock.

Stephens was honored for his contributions to the free-market economy as the long-time chairman, CEO and president of Stephens Inc. and as visionary architect of the multimedia This is Capitalism educational series. 

We invite you to check out event photos and videos and the following media coverage:


We are grateful to our generous sponsors who made this event possible.

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“Capitalism allows for dreams that often cannot be obtained elsewhere, Stephens said when accepting the award. “That is why Economics Arkansas matters.”

The artwork for the award was created by Daye Catherine Kwon, a student at Episcopal Collegiate School in Little Rock.

Also recognized during the luncheon was Jim Wooten for his 40 years of board service to Economics Arkansas. Wooten is the president of Winslow Holdings LLC and State Representative District 45. Wooten was presented with cards from 20 individuals who donated more than $3,500 in his honor to the Economics Arkansas Foundation.


With a spirited presentation, three students from Baker Elementary School, an economics theme school of Pulaski County Special School District, convinced the audience of about 450 guests why economic education in school matters.

Pranjal, a second-grader, explained that she was a “consumer in our market economy. I use money to buy goods and services that satisfy my wants. For example, when I desire to be stylish, a haircut, shoes or clothes would satisfy my want.”

Fourth-grader Lynley described her experience being a “real entrepreneur at the Baker Bazaar in December. We had the idea to produce Marshmallow Shooters because we wanted kids to be able to have fun, and to our surprise—we sold out.”

Nehemiah, a fifth-grader, reported that he learned that money could not only be spent or shared, but also invested.”

Clearly, these students speak the language of economics.


In addition to recognizing Arkansas champions of free enterprise, the LIFE award luncheon tells the story of Economics Arkansas to a non-educator audience. The event raises the public awareness of and support for economic, personal finance and entrepreneurship education in the PreK-12 classroom.

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