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Demelza Kelso Hays

Age

24

Location

University of Liechtenstein, PhD in Economics

BIO

Demelza Hays recently completed her Masters in Economics at the Toulouse School of Economics, and intends to complete her Ph.D in Economics in Liechtenstein. She is currently fulfilling a research fellowship at the Ludwig von Mises Institute in Auburn, Alabama. The Mercatus Center awarded her a Frédéric Bastiat Fellowship for 2015 – 2016, which she will begin in August. After studying in India through a U.S. State Department Critical Language Scholarship during 2011, she returned to India under the auspices of the US. State Department Fulbright Research Grant to conduct independent research on the informal credit sector in Punjab. Hays’ research focuses on free markets, bitcoins, and micro-finance. Also an active entrepreneur, in 2010 Hays started her own company, Tamarindo Properties LLC., which invests in foreclosed homes and manages property in Tampa.

Why is it important that at this particular point in time, right-of-center youth become involved publicly, whether in politics, media, their communities, or in other capacities?

From a young age, we are taught to obey authority. Compliance is considered a virtue. Instead of blindly following officials who have foisted themselves upon us, we must question if their power is legitimate. It is important for youth to determine if there is an ethical and moral justification for cooperation with demands made by the State.

What must elected officials and others in positions of leadership do to make a right-of-center message resonate with the Millennial generation?

Elected officials and others in positions of leadership must work tirelessly to reduce the size, scope, and power of the government. They must convey to young Americans why private property rights are the best institution for fostering world peace and prosperity. In order to successfully decrease the welfare state, we must clearly explain economic principles to Americans. We will not be able to achieve a decentralized and free country until all Americans value this end.

Where would you like to see the conservative movement in 10 years — and how can it get there?

During the next 10 years, I would like to see the conservative movement abating their support for war. Wars do not help the economy. Although historians teach us that WWII pulled us out of the depression, this is false. War is expensive and unethical. Furthermore, to encourage the youth to support conservative ideals, I would increase the movement’s tolerance of religion and immigration. We must live and let live. Those who want to violate property should provide fair restitution. Those who simply want to live their life according to values we may not share should not be punished at all.

Thirty Under Thirty 2015

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