1 Free Market Economics: Charity vs. Taxation – What is the Difference? Extended Cut – Learn Liberty


Published on Jul 30, 2015

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Free Market Economics: What is the difference between paying a tax and donating to a charity? Many Americans support charities ranging from the American Red Cross to PETA, but is it moral to make others donate to a charity of your choice? Learn more at: http://www.learnliberty.org/ Rob Gressis, a professor of philosophy, went on campus at California State University – Northridge, to ask students two questions on philosophy: Is it moral to force others to give to the cause of your choice? Is it moral for the government to force others to give to the cause of your choice? Do you think it is ethical for individuals or the government to force you to donate to a charity? Watch the video and let us know your thoughts on the relationship between free will, philanthropy, and taxes in the comments below. ►Learn More The Morality of Taxation (video): Eamonn Butler discusses the morality of taxation, which he wrote about for the Taxpayers’ Alliance’s report, The Single Income Tax. http://www.adamsmith.org/blog/tax-spe… The Interactive Great American Taxing Game: Intro (video): Play the interactive game with your host, Professor Art Carden, and answer the age old question: Who Should Be Taxed? https://www.youtube.com/watch?v=qHr-m… Is Fixing Inequality A Matter of Justice? (video):This Learn Liberty-sponsored debate presents arguments for and against more government assistance to help the poor in the United States. https://www.youtube.com/watch?v=RTVhg… What Can Adam Smith Teach Us About Tax Policy (article): Evaluate our current tax system against the famous economist’s four maxims of taxation for public funding. http://www.libertarianism.org/publica…http://LearnLiberty.orghttp://youtube.com/user/LearnLibertyhttp://twitter.com/LearnLibertyhttp://google.com/+LearnLibertyhttp://facebook.com/LearnLiberty

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Public Choice Theory: Why Government Often Fails


Published on Oct 9, 2017

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Governments don’t work the way most people think they do. Public choice theory explores how voters, politicians, and bureaucrats actually make decisions. Prof. Antony Davies explains.

QE & Its Failure


QUESTION: Dear Martin,
During WEC in Rome I came to understand that the issue with QE is that it did not create any inflation in the USA. On the other hand, as you mentioned the inflation is being calculated in a different way that it used to be in the future. How come then the US does not just change the way of calculating the inflation in a way which would show it’s there? Wouldn’t that be an easier way than to do more QEs?
Thank you,

MK

ANSWER: The primary reason QE fails is because the economy is global. Central banks can no longer manage the economy, for the money does not remain in isolation. Additionally, as I pointed out in Rome, they may have negative interest rates, but that does not pass through. You cannot borrow money from a bank at negative rates.

China the Coming Financial Capital of the World


QUESTION: Dear Martin,
During the WEC in Rome you’ve mentioned that center of finance moving to Asia after 2032. I’m wondering if work ethics from a country with no religion can be sustainable for so many years? My assumption is if the religion helped to shape the Europe’s success (and not any other part of the world at that time) and later on the USA (with religious work ethics), can it be preserved in China or will it fade away as people over there don’t want to work (they only do that in order to survive) ? Sorry for the strange question but didn’t manage to ask you during the WEC Rome on your thoughts on this topic,
Thank you,
MK

ANSWER: The work ethic is not really derived from religion but from the freedom under capitalism. Both in Russia and China, people retained their religious beliefs but in secret. Chine practiced the Tall Poppie Syndrom where they did not care what you thought provided you did not stick your head up above others. Russia under Stalin was one of paranoia. He directed children to report on their parents. This is why China has boomed for it left humanity intact. The Chinese are highly motivated to work more so than in the West. It is part of their culture.

Nevertheless, at some point, China will peak and then decline. The cycle will then return to Europe and then off to the Americas. As society expands, the birth rate declines and people want to enjoy the good life. You even see that is Augustus’ Family Laws.

The Threat of Protectionism


QUESTION: Marty:

I read you every day and I am one of the fortunate people to have a financial advisor that attends your Conference every year in the US.

I am wondering how Airbus will be affected in the future as the Euro further declines.

Thanks, RM

ANSWER: This is one of the aspects that caused the protectionism during the 1930s. As the turmoil in Europe unfolded, capital fled to the dollar pushing it higher. This invoked protectionism also propelled by the decline in commodity prices. The protectionism began with the agricultural sector and then spread to other areas.

As the dollar is pushed higher, we will see protectionism rise again probably 2021-2022. European companies that do not have professional hedging departments will suffer greatly.

Remarkable Success – Nigel Farage Brexit Party Leaps to #1 in Weeks…


There’s a remarkable political restructuring happening on the other side of the Atlantic. Nigel Farage has led the U.K. Brexit Party into the leading political force in a matter of weeks.

With frustration over the intransigent unwillingness of the political elites who control power in the U.K. to deliver on the Brexit referendum, the grassroots “Brexit Party” was formed.  According to recent polling the movement now leads in advance of upcoming EU Parliament elections.  It’s possible another political earthquake is about to happen:

(Via Breitbart Media) New polling for the upcoming European Parliament elections shows another astonishing surge in support for Nigel Farage’s Brexit Party, while the governing Conservatives have crashed to fourth place on just 11 per cent.

The Opinium poll of 2,004 people, conducted online between the 8th and 10th of May, showed support for Mr Farage’s weeks-old party up 6 points to 34 per cent, more than Jeremy Corbyn’s Labour — down seven points to 21 per cent — and Theresa May’s Conservatives — down three points to just 11 per cent — combined.

The Conservative Party’s stunning collapse puts down in fourth place behind even the Liberal Democrats, who have been only a third force in British politics since the 1920s, and barely even that after arch-europhile Nick Clegg led them to near-obliteration in the 2015 general election. (read more)

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Nigel Farage

@Nigel_Farage

Accurate or not, these are great numbers and our movement for democracy is gathering pace.

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Piers Morgan

@piersmorgan

Nigel Farage looking & sounding like a leader on . Love him or loathe him, at least he believes in what he says & argues it with passion. His popularity comes from his authenticity & his new surge is happening because democracy is being denied to those who voted for Brexit.

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