During this year's Academic Distinctions Ceremony, Robert Higgs presents a speech in honor of distinguished graduates. He explains three qualities of life: truth, beauty and goodness. Higg's professional qualification as an economist allows him to address the search for truth and the establishment of freedom in human affairs. He believes that government intervention alters information, taxes, subsidies, and regulations distorting accuracy and that the price system is the only process that reveals truthful information.