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                                                                                 April 2015  

Mannkal's e-Focus

Greetings!

 

With the Easter season at a close, the Mannkal team is back in the office preparing for its next round of scholarship recipients. If you are a Western Australian university student with an interest in free market economics and travelling the world, please scroll down to the bottom of this page to check out some of the upcoming opportunities Mannkal has to offer!

 

We are pleased to announce the inclusion of a new regular piece in eFocus, "Paul's Perspective". Mannkal's CEO Paul McCarthy will be providing commentary on a topical economic issue every month. To read his perspective on the Federal Government's Inter-Generational Report, please scroll down.

 

Mannkal's April Edition of Musings will be released in the next week. Stay tuned for more details!

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).    

 

Check out Ron's regular Mannerisms this month explaining "How We Lost Our Comparative Advantage" (please scroll down).

 

Paul McCarthy

CEO


Quote of the Month  

"Order without liberty and liberty without order are equally destructive."

- Theodore Roosevelt

Paul's Perspective

on the Inter-Generational Report

 

The recent release of the Federal Government's Inter-Generational Report makes for sobering reading. The good news is that incomes doubled in real terms over the last 40 years, driven by a doubling in our productivity. The bad news is that there are dark clouds on our budgetary horizon and we must face some difficult choices. 


 

The IGR is a signpost that Australia's post-WWII welfare state is seriously broken. The combination of an ageing population, unfunded pensions, high household and government debt, an overpriced housing sector, a punitive tax system and an over-reaching welfare state have pushed the previous compact past its limit. The Centre for Independent Studies has found that the majority of households are net welfare beneficiaries after tax, yet the average taxpayer is forecast to be pushed into the second-highest marginal tax bracket next year. We have reached Margaret Thatcher's famous prediction: we have run out of other people's money. This has happened just as the digital revolution has brought a previously unseen level of competition to the labour market and competition for some of our service sector exports. 


 

Australia's future prosperity relies on less taxation, redistribution and borrowing and on greater competitiveness and productivity. The sooner we act, the less harsh the adjustment will be. I urge you all to read the IGR and let your Federal MP know that you expect true leadership and less politics from Canberra. No less than our future wealth is at stake.

 

Read All About It!  


    Labor's Legacy Could Build up Union Corruption

On 30 May 2015, a legislative sunset provision threatens to plunge Australia's construction sector into domestic and international ruin. More > > >

 

  "Thou Shalt Not Steal....and this is happening in Australia too!"

Most people are not aware that "asset forfeiture" allows 

law enforcement to seize and keep property of individuals and businesses without a criminal conviction. Is this undermining the system of property rights in the US and breaking the 7th Commandment? For more, please click here.


Look Who's Talking

  

   Violation of the Rule of Law
"Protestors suspected of intending to commit a crime are
guilty until proven innocent"
IPA's Simon Breheny argues that the presumption of innocence, a fundamental tenet of the rule of law, is under attack from proposed new legislation governing protests. More > > >

   Government-Run Education Systems Do NOT Work
"Education is vitally important to our families and to the future of our society" claims David Boaz, Executive Vice President of the Cato Institute. For this reason, it should be controlled by families and not run by a bureaucracy. To hear more, click here.

Mannkal Scholarships

  

APPLY NOW!

 

Australian Scholarships

   Liberty and Society Weekend Conference: 8-10 May 2015

"Do you like to challenge yourself, question the way decisions are made and think seriously about the future of Australia and New Zealand?"  

If your answer is "yes" then the Centre for Independent Studies' Liberty and Society Conference is for you. For more details on the Conference, please click here.

   Australian Libertarian Society Friedman Conference: 2-3 May 2015
The 3rd ALS Friedman Conference will be held in Sydney from 2-3 of May 2015. Check out the Facebook event page here. Mannkal is pleased to announce that it is sending 9 students to attend this year's conference:

 

Joel O'Mara

Natrisha Barnett

Bianca Talbot

James Fraser

Thomas Holland

Stephanie Goodlad

Joseph Wise

Jordan Armstrong

Benjamin Quartermaine


To hear about their experiences, check out the June edition of eFocus! Although, Mannkal scholarships have already been handed out for this event, it is not too late for you to register as an individual. To register, click here.
 

 

International Scholarships 

   World Conference on Market Liberalization in Bali: June 29 - July 3 2015

The liberty movement has been growing rapidly in Asia in just the last few years, and this conference (organized in cooperation with the Freedom Institute, Jakarta) is a great way to meet outstanding young leaders of the new groups and think tanks.

 

The lead organizer from the International Society for Individual Liberty is Li Zhao Schoolland, who has done terrific work in organizing the two Shanghai Austrian Economic Summits/Asia Regional Conferences in 2012 and 2014, and the Austrian Economics Summer Schools the last five years at Northeastern University in Shenyang, China. Click here for more information!

 

  International Internships

Mannkal will be sending students to intern at international think tanks over the winter university break. For more details, please click here.

 

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How to apply

To apply for any of the opportunities on offer, please send a copy of your CV, academic transcript and cover letter outlining your interest in attending, to Becky Vidler (scholars@mannkal.org).  


 Mannerisms

"How We Lost Our Comparative Advantage" 


 

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