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This clip is from the 15-part lecture series, "Milton Friedman Speaks" www.ideachannel.com Transcript available via FreedomChannel: freedomchannel.blogspot.com Summary: A student poses a series of question on based on Friedman's notion that people should pursue their own self-interest. The student points out that he'd read that Friedman had previously come out against disaster aid for victims of a flood in Pennsylvania. Friedman corrected the questioner and noted that he did not come out against private aid for flood victims but instead was against the Federal Government providing discounted flood insurance in advance to home purchasers which motivated people to build houses in areas where they otherwise would not have been able to obtain insurance privately. If not for the discounted insurance, it's likely many of the flooded houses would never have been built in the first place as it wouldn't have been in peoples self-interest. The student went on to note that it was rec ently reported that an old man in Ohio died when the electric company turned off his power when he'd failed to pay his electric bill. Was it moral for the company to act in it's own self-interest to do so? Friedman responded by asking what if the electric company never turned off the power for anyone? Who would pay the cost--the people who own or work at the electric company? It would be unjust to impose that responsibility on individuals who are running an honest business of providing electricity ...
QuickBooks Premier Nonprofit 2012
- All the features of Pro plus advanced reporting and tools tailored to the Nonprofit sector
- Customize donor communications and manage donor communications right inside QuickBooks
- Manage program budgets, expenses, bill payments
- Easy to set up, easy to learn, easy to use--learn at your own pace with the built-in Learning Center
- Demonstrate financial accountability to your Board with reports that track program budgets, donations, and expenses
- Save time on everyday tasks like paying bills and recording donations
New to QuickBooks?
Find out why QuickBooks is the #1 best selling small business accounting software¹.Organize your finances all in one place with accounting software tailored to your business
- Track donations and pledges
- Create reports for your Board of Directors
- See program budget status in an instant with key reports
- No accounting knowledge necessary
- QuickBooks coaching tips guide you through your first tasks
- View Nonprofit Edition-specific tutorials to learn how to complete key tasks
Track how your business is doing with one-click financial, sales and tax reports
- Get the information you need with easy-to-use reports, tailored to your industry
- View income and expense trends by category
- Get a real-time snapshot of your organization with Company Snapshot
- See at glance key donor information all in one place
- Easily view income and expense trends over time
Upgrading QuickBooks?
The latest version of QuickBooks Premier Nonprofit 2012 accounting software is packed with new features designed to save you time and get you organized.
 | Customize your QuickBooks to work the way you do Save formatting and save time with Excel Integration Refresh. QuickBooks remembers your Excel formats so you can simply refresh your previously saved worksheet and your formats will be applied3. |
 | Create and manage your valuable business leads with QuickBooks' new Lead Center. Import existing leads or create a new one, then when they convert move all the lead information to the Customer Center with a single click. |
 | Get access to report templates created by other QuickBooks users in your industry with Contributed Reports. Choose the template you like and in one click QuickBooks will populate the report with your business data. |
 | Premier only! Easily find and locate inventory tasks in one place. Access your inventory items and reports all in one place with QuickBooks Inventory Center. |
| Stay on top of your invoices and bills  | |
| Easily view timely information, including invoice and billing dates and other scheduled tasks with the new integrated Calendar feature. Improved To-Do List captures your most relevant dates and displays them in the Calendar view. |  |
| Get organized by scanning and attaching receipts, estimates and other important business documents to your QuickBooks records with drag and drop ease. The new QuickBooks Document Center lets you store files locally on your hard drive - a major advantage at tax time4. |  |
| Complete your frequent tasks in fewer steps Let QuickBooks do your most frequent and time-consuming tasks for you with Memorized Transactions. Not only can you automatically execute recurring transactions, now you can easily select which transactions to run and which to postpone. |  |
Process multiple vendor and employee time sheets in one convenient batch. Create a single time sheet for employees and vendors who share the same work hours and QuickBooks will process them all with no additional reentry. |  |
Premier Only! Now you can invoice multiple customers for time and expenses in one convenient batch. Create a single invoice for customers who share regularly scheduled expenses and QuickBooks will process them, no additional reentry needed. |  |
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| Â Â Â Â Â Â Â Â Click to Enlarge. |
Disclaimers:
1.Based on NPD Retail Tracking Service for retail sales from January 2005-April 2011.
2.You can call upon purchase or within 30 days of completing your QuickBooks registration on the web. One phone call for up to 60 minutes (cannot be redeemed in increments) per registering customer allowed.
3. Excel integration requires Excel 2003, 2007 or 2010.
4. Scanner not included. Only TWAIN compliant and Fujitsu ScanSnap S300 scanners supported.
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