What is seen and what is not seen in the case of the Bahamas Telecommunications Company (BTC)

Sun, Dec 19th 2010, 01:22 PM

In 1848 the French Economist Frederic Bastiat published an essay titled

"What Is Seen and What Is Not Seen" and it's very relevant to the sale of BTC by the Government of The Bahamas today.

As Rob Norton tells us in an

article for the Library of Economics and Liberty:

"...Frédéric Bastiat often distinguished in his writing between
the "seen" and the "unseen." The seen were the obvious visible
consequences of an action or policy..."

 Sponsored Ads