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Mannkal's e-Focus
Greetings!,
September marked the passing of one of our favourite economists, Ronald Coase. Known best for his 1937 publication, "Nature of the Firm" and the Coase theorem, Coase remains one of the most influential economists of his time with his teachings continuing to permeate across the globe till this day. We hope that in light of his death, at the age of 102, his work is reflected upon and reconsidered as the world continues to lean towards "a lot of government in a whole lot of things where it doesn't belong".
September was also the time that Australians headed to the polls for what many called Australia's most important Federal Election. With the Liberal Coalition gaining the lead with 91 seats in the House of Representatives, Tony Abbott secured the top spot as Australia's 28th Prime Minister.
Mannkal also said au revoir to an integral member of our team, Senior Fellow Andrew Pickford, as he embarks on a new journey in Canada. Mannkal friends and former interns said goodbye to Andrew at a special function on 17 September. Originally joining to help Ron Manners put together an early Freedom Factory event, Andrew helped grow and administer student internships, which became Mannkal's flagship program. Mannkal's international scholarship program is now sought out by many of the top students in WA.
Reflecting on his time at Mannkal, Andrew commented
"Ron's passion for providing opportunities to students and young Western Australians made my job a simple case of connecting top students with internship opportunities. We do not seek to convert, preach or push a particular world view, but by exposing the next generation to free market thinking, we have given them the tools to improve Australia and the lives of all of its citizens."
The Mannkal Tean
Please feel free to forward this email or any of this material to your own contacts. To subscribe to this publication, please click here (for new subscribers only).
My regular Mannerisms this month (please scroll to the end) addresses the question, "Giving Back or Giving Forward?"
Ron Manners
Chairman
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Quote of the Month
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"If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves"
- Thomas Sowell
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Read all about it!
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Recognising Mannkal's Contribution!
Earlier this month, Forbes Magazine released an article recognising the role free market think tanks have played in shaping Australian politics. Check out this article for a glimpse of how a 16 year old Ron Manners first became a part of the world of free market ideas! More > > >
The Economic Philosopher's Outcast: Mises
This article featured in the Huffington Post is a great introduction to one of Mannkal's favourite economists. After fleeing Vienna for Switzerland during World War II, Mises went on to become one of the most influential social-philosophers within the Austrian School of Thought. More > > >
Ronald Coase and Comparative Institutional Analysis
Ronald Coase is well-known for his ability to articulate basic economic reasoning with a detailed institutional analysis. In this article, Peter Boettke provides an overview of Coase's contribution to the realm of economics; a contribution that is often misunderstood.
Hayek Brings Energy to the Economy!
Is there a place for government intervention in the energy sector? Lyndon G. Rowe, Chairman of the Economic Regulation Authority, used Hayek and "Public Choice Theory" to answer this question in a speech to a Committee for Economic Development of Australia event. To view Mr Rowe's answer to this divisive question, please click here.
Mannkal Outlines Productivity Agenda: Economic Reform and Privatisation
Options
Mannkal recently provided a submission to the Economic Regulation Authority's (ERA) Inquiry into Microeconomic Reform in WA. Mannkal Chairman, Ron Manners, and Senior Fellow, Andrew Pickford, highlighted 4 recommendations for microeconomic reform including: increasing accountability for major projects, normalising peak period and cost reflective pricing, entrenching property rights and developing a "roadmap" to privatisation. To view Mannkal's submission, please click here.
Acknowledging Andrew Pickford's Contribution at Mannkal
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Where do you go for a sensible comment on climate change?
The truth about climate change is still a matter of conjecture despite extensive research by experts in the field. What is certain, as IPA's Bob Carter recently commented, is that the public have been continuously misinformed and fed "scientific whoppers"! More > > >
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Look Who's Talking
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An Evening with Dan Grossman
A must see clip from the Freedom and Prosperity Club and Mannkal's recent event hosting Dan Grossman, Chairman of Atlas Economic Research Foundation.
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What do you think of GREED?
Is greed the answer to political and economic freedom? This clip shows Milton Freedom defending capitalism and minimalising the role of government in a free market as a means of creating political and economic freedom. More > > >
Economic Freedom in Action: Changing Lives!
This video encapsulates the life changing impact of economic freedom. Whether a business specialises in beekeeping, home décor or the introduction of a US brand into the European market, the opportunities that economic freedom provides are endless. More > > >
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Upcoming Events
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Communicating with Hostile Audiences: This Thursday, 3 October
Join the Mannkal team and the Freedom and Prosperity Club as we welcome Benjamin Marks, editor-in-chief of Economics.org.au, to discuss how the ideas of a free economy can be communicated to hostile audiences. To RSVP, please click here.
Faith and Freedom Conference- Perth
Saint Augustines will be holding its annual Faith and Freedom Conference this Saturday, 5 October. Join the growing group of people who are interested in Classical Education and want to learn how to enrich their children's education with western values and God's wisdom. For more information and to register, please click here.
Samuel Griffith Society Conference 8-10 November 2013
The annual Samuel Griffith Society Conference will be held in Sydney this year. Mannkal is pleased to announce that it will be sending 5 students to attend the conference free of charge. For more information on the conference, please click here. To apply, please email a copy of your academic transcript, resume and a 500 word cover letter detailing why you wish to be selected to attend this conference to Becky Vidler at scholars@mannkal.org by 7 October.
Mises Seminar: Brisbane 29 Nov - 1 Dec, 2013
We are calling for interested students to attend Australia's 3rd Mises Seminar. Contact Becky Vidler at scholars@mannkal.org by 30 October for more details!
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Mannkal Scholarship Opportunities
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Mannkal Washington D.C. Visiting Scholarship
This Mannkal program provides a bright, independent and ambitious student an opportunity to learn about the free market and libertarian ideas at a range of events, seminars and briefing sessions. Spending time, in and around Washington, this program will serve as an orientation to classical liberal ideas against the backdrop of one of the largest concentrations of policy institutes and think-tanks in the world.
Mannkal Summer Internships 2013-14
The Mannkal Economic Education Foundation is looking for suitable students to apply for scholarships to work at a range of internationally-recognised research foundations and think-tanks. All internships are financially supported through the Mannkal scholarship program and open to enthusiastic young undergraduates.
For further information on Mannkal scholarship opportunities, please click here.
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