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Free economic activity zones, or free market zones as they are often called, have generated many economic and social benefits and have proven politically acceptable in an increasing number of industrialized and developing countries.

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The Canadian Conference of Catholic Bishops (Episcopal Commission for Social Affairs) is to be congratulated for its recent report, Ethical Reflections on the Economic Crisis.

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An address by Alan A. Walters to the Annual General Meeting of the Fraser Institute on March 28, 1983 in Vancouver, BC.

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The purpose of this paper is to examine the quantitative issues involved in a flat-rate tax system and to determine what would be the effects of the adoption of such a system in Canada. Evidently, many of the problems involved in the adoption of such a system are political and involve the activities of pressure groups, and special interests. It is not the intention of this paper to consider the political ramifications of a flat-rate tax. Moreover, this paper should be regarded as a preliminary assessment rather than the final word.

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The purpose of this paper is to examine the concept of a balanced budget and to provide some practical suggestions for achieving it. It is not anticipated that this will be the last word on the subject but rather that it will be a target piece to better focus discussion of this critical issue. In order to limit the scope of the paper, only the Canadian federal budget is examined. However, the principles and analysis could be applied equally well to provincial or municipal finances.

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An address by Dr. Milton Friedman to the Annual General Meeting of the Fraser Institute on March 23, 1982 in Vancouver, BC.

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Writing in a straightforward, non-technical fashion, the authors, an internationally-known roster of economists and sociologists, analyze the economics of racial discrimination, prejudice, quotas, black-white and male-female earnings differentials as well as the landmark reverse discrimination decisions in the Weber and Bakke cases. The sociological effects created by government-mandated affirmative action programs - the main public policy instrument erected to solve such problems - are described in vivid detail.