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Thought To Ponder
No nation was ever ruined by trade.
The Nassau Institute is an independent, a-political, non-profit institute that promotes economic growth in a free market economy with limited government, in a society that embraces the rule of law and the right to private property.
To see The Bahamas become the first small, developed, sovereign country in the region, recognized as a model for the world.
• The case for 'trickle-down'
Dr. Lal investigates the real link between inequality, poverty and growth
(First published in the Busienss Standard and posted here with the kind permission of the author)
One of the abiding myths of "development economics" has been that economic growth accompanied by an increase in inequality will not "trickle down" to the poor.
• If We Must Pay Taxes, What is the Least Bad Way To Do That?
by Burt Folsom
Original article at BurtFolsom.com and is reposted here with the kind permission of Dr. Folsom.
Ben Franklin once observed that nothing is as certain as death and taxes. He might have added that nothing is as certain to put readers to sleep as a lengthy discussion of taxes.