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Thought To Ponder
Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions…
Liberty and responsibility are inseparable.
Friedrich von Hayek
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.
• Appreciating Austrian Economist, Böhm-Bawerk, on His Birthday
Richard Ebeling Ph.,D.
Today is Austrian economist, Eugen von Böhm-Bawerk’s, birthday. Born on February 12, 1851, he died on August 27, 1914. Known for his contributions to the “Austrian” theory of capital and interest, Böhm-Bawerk was also one of leading critics of Karl Marx’s labor theory of value and theory of exploitation.
• First Annual Joan Thompson Memorial Freedom Lecture with Lawrence Reed
Wednesday, February 17, 2016
Join us Wednesday, February 17, 2016 for a lecture by Lawrence Reed, president of the Foundation for Economic Education (FEE.org) on Real Heroes.
Mr. Reed will discuss the character traits he regards as critical to the flourishing of a free society.
No stranger to The Bahamas or The Nassau Institute, Mr.