welcome back to rostock i'm peter lavelle to remind you we're talking about charities versus the public sector. ok let's see if i go back to you in bloomington how much of an impact a rich people really make on charities in the united states is it really huge. well the basic characteristic of american philanthropy is its democratization and we estimate that two thirds to eighty percent of all households give at least something in some way to charity in philanthropy in the course of a year now wealthy people because they are wealthy or give larger amounts and so the total giving probably about what is it because pieces and because where they come back from time for all who it is that because of a tax cut. no it has nothing to do with taxes very little to do with scots what it has to do with is a sense and we've studied we have done several studies of high net worth givers and they feel they have an obligation to give back to their communities to try to express through their philanthropy what they believe to be in the public interest to do it well the point is that the money that people g

welcome act of rostock i'm peter lavelle to remind you we're talking about the fact . ok jeff and i figure your i'm a former smoker ok i smoked almost three packs a day now i quit for for health reasons but if i'd been living in the united states i would have quit for money reasons ok so what's the difference between food and tobacco. we could talk about the different for tween food and tobacco all day long because there are no we don't we don't have all day long so give me weekends are ok . well we need food to live ok we don't need to back out to live so i mean that's like an easy way to settle here but ok there are fewer people seem. to be chilled to their theory so he kills me exactly we're not denying that we're not denying that but if you are one of the major sans serif come on ladies let's just go first go ahead. well let me first answer a question from the break where she says we need to separate companies from communicating through marketing with children me for gets to that. hasn't even made the point yet go ahead maybe for me forget one or two very important

welcoming to rostock year old come to mind you were talking about the politics of water. and i go back to tony in london i mean in the literature there's a term the age of easy water is over what does that mean. when the population of the world was a million and it was no pressure on resources when it was a billion and about eighteen hundred it also wasn't a really very big pressure on resources although smith a sort of space but nothingness with the flu was around the same time did point out that we were doing difficult things to natural resources. and of course he was right but he was also wrong because as it turned out two hundred years later when the population was. six or seven billion the farmers had increased their productivity in parts of the world by ten times. so that means they were working that was ten times harder so we have it's very hard to. deal with the call and such is easy war so when we have so many things changing we have got the war so is saying roughly the same although we're mobilizing more of it but if the farmers and science and technology and go