by Rick Lowe
A local accountant, Mr. Lynden Nairn, is attempting to organise an Economic Summit in an effort to find ways to "diversify" the economy of The Bahamas.
On the surface, I think it's a great idea to get business people together to brainstorm on what they might do to help get economic growth moving in a positive direction again.
Looking for ways to encourage the government to do something in that regard would be a mistake.
Now, I'm not discounting the possibility that the government might have to adjust some policies to accommodate new entrepreneurial activity, but the last thing we want is the government directing it.
I remain convinced that economic growth is a result of the activity of each of us, and government borrowing money or gouging taxpayers does not economic growth create.
I certainly wish Mr. Nairn well as there are far too few idea brokers around. Let's just hope it doesn't end up with more of the same old get government to do it rhetoric.
To paraphrase an old friends t-shirt I saw the other day, calling for government to do something is for quitters.
By the way, the t-shirt said; Rehab is for quitters.
I just received an update from Mr. Nairn, so there will be more on this tomorrow.
