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Thought To Ponder
This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.
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.
• Crony Capitalism The Cause of Society's Problems
Richard Ebeling Ph.,D.
Critics of capitalism constantly insist on the “failure” of the free market, from the news pundits to the leftist leaders of political parties. Yet, in fact, the asserted “failures” of capitalism are really the inevitable results of the interventionist-welfare state, and the close relationships between government and special interest groups popularly called “crony capitalism.”
On the one hand, the burden of government on business is indicated by the over 80,000 pages of Federal regulations and their estimated $2 trillion compliance costs on private enterprises.
But on the other hand, business and ideological interest groups spend billions of dollars on lobbying expenses to influence legislation in their respective preferred directions, and in 2014 this amounted to $3.25 billion.
• Event: Kenneth Zahringer, Ph.,D. on Monetary Reform in Small Countries
Thursday, October 22, 2015
Sign up securely online by clicking here... or call 302-0130 extension 2226
Admission is free. Space is limited.
When: Thursday, October 22, 2015 at 6:30pm
Where: The auditorium at The Harry C. Moore Library, College of The Bahamas Map..
Presented by: The Nassau Institute and Templeton Religion Trust in collaboration with The Banking, Economics and Finance Department and The Economics Society of The College of The Bahamas
Patrons - Arizona, Go Ahead, Donald Tomlinson, Compass Point
Supporters - JS.