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Thought To Ponder
If capitalism had never existed, any honest humanitarian should have been struggling to invent it. But when you see men struggling to evade its existence, to misrepresent its nature, and to destroy its last remnants - you may be sure that whatever their motives, love for man is not one of them.
Ayn Rand, Capitalism: The Unknowm Ideal
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 costly impact of government meddling with markets: Why competition is good and regulation bad
Jaana Woiceshyn Ph.,D.
On my recent second trip to Finland this year my observations and discussions with the locals drew my attention to the value of competition and its effect on prices, through the comparison of Finland and Canada. On the first glance, one would think that Canada’s markets are freer and competition thus more intense, given its location next to the United States which is widely (although mistakenly) perceived as a free market.
• Economy puzzle solved
Donald J. Boudreaux
First published in the Pittsburgh Tribune Review on July 14, 2010, and is reprinted here with the kind permission of the author, Professor Don Boudreaux.
In my previous two columns ( here... and here... )I compared the economy to a 1 billion-piece jigsaw puzzle with a twist.