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CALENDAR OF EVENTS
Thought To Ponder
Indeed, “the market” is nothing more than a summarizing term to express the arena in which multitudes of individuals meet and interact as suppliers and demanders for the purpose of mutual gains through 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.
• Prosperity and the Impact of Government
How does the government impact prosperity?
The budget of the Bahamas Government has been the subject for discussion over the past couple of weeks, and decisions made on spending and taxation over the next twelve months. Fiscal prudence has been mentioned, nevertheless it appears that government expenditure is slated to grow, not decrease.
The National debt now stands at approximately 2.3 billion dollars.
• Pension plan providers are wrong
"Using the strong arm of government and its coercive power is not good business. In other countries it's referred to as cronyism."
Throughout history, people have used the power of government to achieve an end they cannot fulfil themselves.