{"id":20540,"date":"2024-08-06T11:06:06","date_gmt":"2024-08-06T03:06:06","guid":{"rendered":"https:\/\/www.mannkal.org\/?p=20540"},"modified":"2024-08-13T09:04:42","modified_gmt":"2024-08-13T01:04:42","slug":"musing-milton-in-new-england","status":"publish","type":"post","link":"https:\/\/mannkal.org\/news\/musing-milton-in-new-england\/","title":{"rendered":"Musing Milton in New England"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20540\" class=\"elementor elementor-20540\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ed52123 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ed52123\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55536359\" data-id=\"55536359\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27b05df6 elementor-widget elementor-widget-text-editor\" data-id=\"27b05df6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"wp-block-paragraph\">The most striking feature of Capitaf \u2013 the serene summer home of Milton &amp; Rose Friedman \u2013 is the dense New England forest stretching into the horizon. Most surprising to me, accustomed as I am to the vulnerable forests of Kalgoorlie and WA\u2019s Southwest, was that this landscape was once a barren pasture less than a century ago. Though FDR\u2019s Civilian Conservation Corps contributed marginally, New England\u2019s reforestation was largely a natural process as farmers moved to cities for better-paying jobs. This \u201cfree market\u201d analogy perfectly encapsulates the themes I explored during my time with the Free to Choose Network (FTCN) in West Fairlee, Vermont, and the American Institute for Economic Research (AIER) in Great Barrington, Massachusetts.<\/p>\n\n<p class=\"wp-block-paragraph\">My fellow Mannkal scholars and I were taken to Capitaf by the ever-helpful Garrett Gouveia, the FTCN intern and Capitaf caretaker. We were joined by a contingent of friendly American students from the Midwest and South, and two facilitators: Professors Ryan Yonk and Steve Miller. The professors introduced topics from Milton Friedman\u2019s TV show, <em>Free To Choose<\/em>, with prerecorded videos narrated by the late, great Bob Chitester; show producer and FTCN founder. We then engaged in debates about Friedman\u2019s ideas on non-interventionism, discussing their relevance and applicability today.<\/p>\n\n<p class=\"wp-block-paragraph\">I was fascinated (and disappointed) to note that many criticisms Friedman made of the American public schooling system \u2013 such as inflexible curriculums and an unfair funding model \u2013 remain unchanged in the 44 years since the show aired. Interestingly, Australia\u2019s tertiary education system includes elements of Friedman\u2019s voucher-based solution, though funded publicly via HECS rather than private loans. I enjoyed presenting this comparison and hearing the American students\u2019 thoughts in the proceeding discussion. I also found the debate over whether economic freedoms precede political freedoms particularly pertinent, given the erosion of global free-trade consensus and institutions amidst rising great power competition between the United States and China.<\/p>\n\n<figure class=\"wp-block-image size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"1024\" class=\"wp-image-20541\" style=\"width: 399px; height: auto;\" src=\"https:\/\/www.mannkal.org\/wp-content\/uploads\/2024\/08\/Sid-Murali-Sid-Steve-768x1024.jpeg\" alt=\"\" srcset=\"https:\/\/mannkal.org\/wp-content\/uploads\/2024\/08\/Sid-Murali-Sid-Steve-768x1024.jpeg 768w, https:\/\/mannkal.org\/wp-content\/uploads\/2024\/08\/Sid-Murali-Sid-Steve-225x300.jpeg 225w, https:\/\/mannkal.org\/wp-content\/uploads\/2024\/08\/Sid-Murali-Sid-Steve-1152x1536.jpeg 1152w, https:\/\/mannkal.org\/wp-content\/uploads\/2024\/08\/Sid-Murali-Sid-Steve.jpeg 1512w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n<p class=\"wp-block-paragraph\"><em>Sid and Professor Steve Miller at Capitaf<\/em><\/p>\n\n<p class=\"wp-block-paragraph\">Accompanying our intellectual parlays were visits to beautiful Vermont and New Hampshire locales. We toured Goodrich Maple Farm (whose syrups were sublime), learning about technological innovations in one of Vermont\u2019s oldest industries, and visited an up-and-coming ice cream factory owned by a certain <em>Ben &amp; Jerry<\/em>. We also explored Dartmouth College (featured in <em>Free To Choose<\/em>) and President Calvin Coolidge\u2019s homestead \u2013 an exemplar of non-intervention governance.<\/p>\n\n<p class=\"wp-block-paragraph\">Professor Yonk kindly invited us to join his AIER internship program for the next fortnight, so we journeyed to AIER\u2019s grand Berkshire headquarters (nicknamed <em>The Castle<\/em>). There, we participated in STATA econometrics workshops, attended seminars from Wall Street investors and visiting artificial intelligence experts, toured historic, zesty Provincetown at Cape Cod, and walked the famous Freedom Trail in Boston. I made lifelong friends with AIER interns and graduates, whose passion for research \u2013 from the politics of debt management in Africa to public corruption incentives in Brazil and India \u2013 inspired me to pursue postgraduate studies in the United States.<\/p>\n\n<p class=\"wp-block-paragraph\">For my independent op-ed project, I investigated how regulatory red tape, global inflation, and unjustifiable insurance premiums have impacted Australia\u2019s musical festival industry. The fact that only <a href=\"https:\/\/creative.gov.au\/advocacy-and-research\/soundcheck-insights-into-australias-music-festival-sector\/\">56% of the 535 festivals in 2022-23 were profitable and 35% recorded a loss<\/a> is alarming, given that the majority of the festival industry are small businesses or individual contractors. I proposed that the Commonwealth Government foster entrepreneurship by streamlining local and state regulations, and addressing insurance market failures by working with festivalgoers, insurers, and festival organisers to limit liability litigation without compromising safety or supplanting private markets entirely. These conclusions were informed by lessons from the Centre for Entrepreneurial Research and Innovation (CERI)\u2019s bootcamp, especially how bottom-up innovation and collaboration is the only pathway for sustainable fiscal growth and creative expression.<\/p>\n\n<p class=\"wp-block-paragraph\">Mannkal and CERI\u2019s support has been invaluable in advancing my economic understanding and professional skills. The perspectives I gained have deepened my appreciation of the American economic and political context, allowing me to evaluate Australia\u2019s governance and liberties with greater insight. Equipped with these new tools, I return to Australia eager to promote liberty and innovation in my future economic endeavours.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The most striking feature of Capitaf \u2013 the serene summer home of Milton &amp; Rose Friedman \u2013 is the dense New England forest stretching into the horizon. Most surprising to [&hellip;]<\/p>\n","protected":false},"author":178,"featured_media":20541,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-20540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Musing Milton in New England<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mannkal.org\/news\/musing-milton-in-new-england\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Musing Milton in New England\" \/>\n<meta property=\"og:description\" content=\"The most striking feature of Capitaf \u2013 the serene summer home of Milton &amp; Rose Friedman \u2013 is the dense New England forest stretching into the horizon. 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