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Post Archive by Month

Below you'll find a list of all posts from February, 2002

The Minimum Wage Does Not Protect

Mr. Stephen Saunders in his Letter "Minimum wage protects" in Thursday's Tribune asked The Nassau Institute "Why it is not …

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Recent Posts

  • Video 4th Annual Joan Thompson Memorial Lecture with Dr. Richard Ebeling
  • The New Bahamas: No Time for Nostalgia
  • New Book: Public Governance and the Classical-Liberal Perspective: Political Economy Foundations
  • Why business (and the rest of us) needs limited government
  • The disuniting of the United States?

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  • The Bahamas and offshore banking
  • China's Belt and Road Initiative is becoming a massive debt trap
  • The Haitian Dilemma for Bahamian Society
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Thought to Ponder

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. A fly-by-night securities operator can quickly meet all the S.E.C. requirements, gain the inference of respectability, and proceed to fleece the public. In an unregulated economy, the operator would have had to spend a number of years in reputable dealings before he could earn a position of trust sufficient to induce a number of investors to place fund with him. Protection of the consumer by regulation is thus illusory.Alan Greenspan
… (next quote)

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