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Thought To Ponder

It is worthwhile to remark that a product is no sooner created than it, from that instant, affords a market for other products to the full extent of its own value. When the producer has put the finishing hand to his product, he is most anxious to sell it immediately, lest its value should diminish in his hands. Nor is he less anxious to dispose of the money he may get for it; for the value of money is also perishable. But the only way of getting rid of money is in the purchase of some product or other. Thus the mere circumstance of creation of one product immediately opens a vent for other products.
J.B. Say, 1803

 Calendar of Events 

UPCOMING 2013 EVENTS

Lecture Series 2013 with Dr. Richard Ebeling

April 4 - 6, 2013

We are pleased too present Dr. Richard Ebeling with our Spring Lecture Series once again.

Dr. Ebeling will be visiting this year for lectures on the evening of Thursday, April 4 and all day Friday and Saturday, April 5 and 6, 2013, and they are open to general public, senior civil servants and of course the business and economics students at the College of The Bahamas.

Professor Randy Forbes has assisted once again and the lectures will take place in the state of the art lecture room in the Harry C. Moore Library at the College of The Bahamas, Moss Road and JFK Boulevard entrance.

Once again this year one lucky College of The Bahamas or high school student will win an all-expense paid trip to the Foundation of Economic Education's College Seminar

The lectures include:

Thursday, April 4, 2013 - 6:00pm - 9:00pm
The Moral Foundations of the Free Market Society: Liberty, Responsibility and Justice
The Ethics and Economics of Private Property and Market Competition

Friday, April 5, 2013 - 9:00am to 5:00pm
The Meaning and Morality of the Profit and Loss System
Why Socialism Failed: The Ethical and Economic Bankruptcy of the Planned Society
Understanding the Economics of the Political Process: Ethical Entrepreneurs or Crony Capitalists?
Being Moral Stewards of the Planet: Market Solutions to Our Environmental Problems
The Ethics and Economics of Redistribution: Are We Helping Our Fellow Men through the Welfare State?
The Fiscal Crisis of Our Time: The Ethics and Economics in Government Debt

Saturday, April 6, 2013 - 9:00am - 12:00pm
Money and Inflation: The Moral Hazards from Paper Money
The Virtues of Liberty: Restoring a Free Society
Wrap up.

Lunch included on Friday (sandwiches and chips) and break time snacks (cookies, water and juice) are included.

This event is free but space is limited.

Registration information will be available soon.


Previous Events


An evening with Dr. Yaron Brook of the Ayn Rand Institute

joins us to speak on his latest book 'Free Market Revolution: How Ayn Rand's Ideas Can End Big Government', which argues that we must embrace a new way of thinking about capitalism and self-interest - one first spearheaded by popular novelist-philosopher Ayn Rand. Brook applies Rand's ideas to today's political events, with chapters addressing the debt crisis, inflation, regulation, the welfare state, and much more.

Yaron Brook is executive director of the Ayn Rand Institute. A former finance professor, he has published in academic as well as popular publications and is frequently interviewed in the media. He has appeared on CNN, Fox Business Network, Fox News Channel, CNBC and PBS, among others. He lectures on Objectivism, business ethics and foreign policy at college campuses and for corporations across America and throughout the world. He is the co-author of the national bestseller Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government.

This free event, open to the public is scheduled for Thursday, February 7, 2013 at 7:00pm at the Nassau Yacht Club.

There will be a cash bar.

We need a head count so we have enough seats so please register at this link… or call us at 242-302-0130 extension 2226 to sign up.

We should have a limited supply (20) of his book on hand for sale. If you have it already please bring it along to get Dr. Brook to autograph it.

Here's a quote from the liner notes of Free Market Revolution:

"In "Free Market Revolution, " the keepers of Ayn Rand's legacy""argue that the answer lies in her pioneering philosophy of capitalism and self-interest -a philosophy that more and more people are turning to for answers. In the past few years, Rand's works have surged to new peaks of popularity, as politicians like Paul Ryan, media figures like John Stossel, and businessmen like John Mackey routinely name her as one of their chief influences. Here, Brook and Watkins explain how her ideas can solve a host of political and economic ills, including the debt crisis, inflation, overregulation, and the swelling welfare state. And most important, they show how Rand's philosophy can enable defenders of the free market to sieze the moral high ground in the fight to limit government. This is a fresh and urgent look at the ideas of one of the most controversial figures in modern history - ideas that may prove the only hope for the future."


An evening with Dr. John Blundell -  Ladies for Liberty: Women Who Made A Difference in American History

Join the Nassau Institute Thursday, January 24, 2013 for an evening with Dr. Blundell when he speaks on his book Ladies for Liberty.

Dr. Blundell is the former Director General and Ralph Harris Fellow and now a Distinguished Senior Fellow at the Institute of Economic Affairs in London, England.

The event will be held at the Nassau Yacht Club, East Bay Street, Nassau N.P. Bahamas.

Register online here... or call 242-302-0130 ext 2226.

Event Summary:
Date: Thursday, January 24, 2013
Place: Nassau Yacht Club, East Bay Street, Nassau, N.P. Bahamas
Time: 6:30pm
Cash bar opens at 6:00pm
Buffet starts at 7:00pm
Presentation starts at 7:45pm

From the books liner notes:

"John Blundell gives a lively portrait of more than 20 American women who spoke out for liberty, helping to shape the political and social fabric of the United States. His subjects range from frontier novelists to suffragists to the inventor of life insurance for women and aa business woman who objected to the IRS forcing her to become a tax collector. Arranged chronologically, the stories add up to a history of America."

"Ladies for Liberty combats the myth that women want, and benefit from, big government. The underlying motivation of the women portrayed in these pages was that self-determination is a virtue, and that individuals should be allowed to pursue their own ends, free from the coercion of others."


An evening with Mr. Lawrence Reed -  Liberty & Character

The Nassau Institute will be hosting sponsors and special guests, November 29, 2012 at 6:00pm to an evening with Mr. Lawrence Reed.

Attendance is by special invitation only.

 

 

 


An evening with Anders Mikkelsen 

for a presentation on Dr. Dierdre McCloskey's book "Bourgeois Dignity"
 

Ever wondered why are we so rich? - Dierdre McCloskey's explains in her book "Bourgeois Dignity" about our increasingly wealthy middle class world and how there has been a vast increase in wealth since 1800. But why only since 1800?

Join us Wednesday, July 4, 2012 at 6:30pm at the Milton Freidman Conference Room at the Nassau Institute offices on East Bay Street to hear Mr. Mikkelsen on those issues and more.

He will inform us on:

1. Why the west got rich.
2. Why McCloskey thinks the standard explanations are insufficient.
3. Why innovation is so important for past and future progress.
4. Why the subtitle is "Why Economics Can’t Explain the Modern World," and why it is important.

Mr. Mikkelsen is a cost-management consultant who lives New York City, and has spent many months in Nassau visiting his Bahamian in laws. He's long been a student of history and Austrian Economics.

Please click here to sign up electronically. Or you can call us at (242) 326-5728.

Admission is free. Donations welcome.


 

Dr. Art Carden, Rhodes College.

Topic: The Economic Way of Thinking and Milton Friedman

When: Thursday, May 10, 2012, 6:30pm

Where: The Humidor Churrascaria Restaurant, West Hill Street
Tickets $75 per person, cash bar.

Event: Cocktails (cash bar opens at 6:00pm) will be served until 7:00pm when we will enjoy a "Brazillian-style gastronomic tour." "Gaucho waiters will serve you a never-ending variety of succulent meats, slow roasted on Humidor Churrascaria's giant rotisserie hearth spit."

Dinner will be followed by Dr. Carden's presentation.

Theme of speech
Why not capitalism? Free markets and liberty are at the root of
prosperity. One of our era's most articulate defenders of freedom
was the late Milton Friedman. In this talk, we will discuss the
tradition of liberty as it is discussed in some of Friedman's work,
and we will explore some of the important themes in this tradition
since the time of Adam Smith.

To register online click here...

You can also call (242) 302-0130 extension 2226 to book your space.

Event kindly sponsored by:

Graycliff Hotel & Restaurant
Arizona Beverages
Taylor Industries Limited
Cable Bahamas
The Luggage Store
The Brass & Leather Shops


April 19, & 20, 2012

Lecture Series 2012 with Dr. Richard Ebeling

 

Thanks to The Templeton Foundations, we are able to present Dr. Richard Ebeling with our Spring Lecture Series 2012 once again.

Dr. Ebeling will be visiting this year for lectures on Thursday, April 19 and Friday April 20, 2012.

Professor Randy Forbes has assisted once again and the lectures will take place in the state of the art lecture room in the Harry C. Moore Library at the College of The Bahamas, Moss Road and JFK Boulevard entrance.

This year either one lucky College of The Bahamas or high school student will win an all-expense paid trip to the Foundation of Economic Education's Freedom Academy or Freedom University in Salt Lake City, Utah or Atlanta, Georgia.

The lectures include
The Moral Foundations of Liberty and Personal Responsibility
Scarcity, Choice, Property Rights and the Gains from Trade, Markets, Competition and the Price System
Why Socialism Failed: False Dreams and Tragic Reality
Government Regulation and the Interventionist State
Public Choice: Economic Logic and the Limits of the Political Process
Understanding Booms and Busts: Money, Inflation and the Business Cycle
Preserving the Environment: Markets or Government?
The Ethics of Economics and the Welfare State
The Morality of Markets and Profit
The Virtues of Freedom: Restoring a Society of Liberty
Wrap up.

Lunch (sandwiches and chips) and break time snacks (cookies, water and juice) are included.

This event is free. Space is limited.

Register online here...


 

Monday, March 19, 2012

Ayn Rand and the Right to Liberty

Join us at Graycliff for fine dining and a presentation by Dr. Tibor Machan, The George L. Argyros School of Business and Economics, CHAPMAN University, California discuss the Virtue of Liberty and Ayn Rand. Dr. Machan, one of the original founders of Reason also knew Ayn Rand quite well.

Sign up online here...


 

Thursday, January 26, 2012

Free or Equal - The Ideas of Milton Friedman

Join us in The Milton Friedman Room at The Nassau Institute office for the showing of Johan Norberg's new documentary, Free or Equal. The one-hour film "examines the contemporary relevance of (Dr. Milton) Friedman’s ideas..."

Admission is free. Donations welcome.

Sign up online here…


 

NOVEMBER 16, 2011

Join us for an interesting perspective from Mr. John Tomlinson on the topic, "Why Only BETTER in The Bahamas? Why Not BEST in The Bahamas?"

Summary of the event:

  • A reminder of how to remove all risk and moral hazard form our banking system and make it the safest in the world.
  • Show us how the changes necessary to the Bahamian banking system will also open the opportunity for Bahamian banks to provide equity investments to businesses  opening the way to reduce debts and build an increased asset base for future generations. And,
  • Third, the subject Mr. Tomlinson promised to return to in his last talk, the responsibilities we must each accept if we wish to ensure that an open and free market is developed and maintained here in The Bahamas.

Admission: $60 per person, including a three-course meal
Cash bar and Valet parking available
6:00pm Cocktail reception


You can register on-line at this secure link…

You can download a flyer (pdf) of the event here...

Background:

John Tomlinson, author of Honest Money (http://www.honest-money.com/) spoke at a Nassau Institute Discussion Group meeting on Wednesday, May 18, 2011 and offered an interesting perspective on how to turn the Bahamian Dollar into one of the worlds strongest currencies. The subject of his presentation was how to protect the Bahamian currency from the next world banking collapse and to make it safe for future generations.

Mr. Tomlinson is a former stock broker with thomson and McKinnon and a merchant banker with Ord-BT in Sydney, Australia, used to run Union Dock here in Nassau and he and his family have been resident in The Bahamas since 1963.


 

OCTOBER 28, 2010

Join The Nassau Institute for an evening lecture on Thursday, October 28, 2010 at 7:00pm at the British Colonial Hilton in Downtown Nassau. 

Professor Bruce Yandle will discuss "Deficits, regulation, welfare reform.  Why is the government habit so difficult to break?  Is it special interests? Just any special interests"?" in a presentation entitled, Bootleggers, Baptists and the Government Habit.

Your $75 donation will cover a three course meal (Roast Tomato & Crab Bisque - Pan Fried Mahi-Mahi with Leek & Pepper Ragout, Parsley Mashed Potatoes with a Fresh Island Vegetable Medley - Bourbon Street Pecan Pie with coffee or tea. There will be a cash bar for your convenience.

Please click here... to register.

Sponsors include: Butterfiled Bank (Bahamas) Ltd, CBS Bahamas, Custom Computers Ltd, NMC Leasing, Majestic Tours Ltd, and John's, Shoes and Accessories.

Dr. Bruce Yandle  is Dean Emeritus of Clemson University’s College of Business & Behavioral Science where he was a faculty member for 33 years.  A past member and chairman of South Carolina’s State Board of Economic Advisors, he is a Senior Fellow with Clemson’s Strom Thurmond Institute and Adjunct Distinguished Professor of Economics at George Mason University’s Mercatus Center in Arlington, VA.  Recipient of South Carolina’s Order of the Palmetto, Dr. Yandle is author/editor of 16 books and has taught economics in graduate programs in France, Germany, Italy, and Czech Republic. 

 

He was a senior economist on White House staff during the Ford and Carter Administrations and Executive Director of the Federal Trade Commission in the Reagan Administration.  A frequent contributor to The Freeman and Regulation magazine, Dr. Yandle served as president of the Association of Private Enterprise Education, trustee of the Foundation for Economic Education, and as a trustee and board chairman with Spartanburg Methodist College. He writes a quarterly newsletter on the economy distributed by Clemson’s Thurmond Institute.  Prior to entering a career in university teaching, Dr. Yandle was in the industrial machinery business for 15 years.


FEBRUARY 1, 2010

Speaker: Dr. Mark Skousen - Monday, February 1, 2010

Topic: "My Reflections on The Bahamian Economy: 25 Years Later"

Location: Luciano's of Chicago Restaurant, East Bay Street


MARCH, 2010

Speaker: Dr. Lawrence White 

Topic & Location: TBD

Biography: 

Prof. White is an Economics Professor at George Mason University. He currently teaches a graduate level course on Monetary Theory and Policy. He earned his AB at Harvard University (1977) and PhD at the University of California at Los Angeles (1982).
 
He has analyzed the theory and history of free banking, a system under which commercial
banks and market forces control the provision of banking services.



APRIL, 2010
 

Speaker: Laura Huggins

Location: Bahamas National Trust

Topic: Earth Day

Biography:

Laura E. Huggins is a research fellow at the Hoover Institution and director of development at PERC - the Property and Environment Research Center—a think tank in Bozeman, Montana.

Huggins specializes in free market environmentalism, property rights, and population policy.


SEPTEMBER 1, 2010

Speaker: Doug Kay

Topic: "Where is the US Headed?  The Current Political and Economic State of the US"

Location:  The Nassau Institute's Meeting Room, Bay Street Business Centre, Deveaux & Bay Streets 

Date:  Wednesday, September 1, 2010 at 6:30pm