Many moons ago when I was a freshman studying economics at St. John's University my professor, Fr. Martin, walked into the classroom and said, "Open your books and write this down. The definition of Economics is the allocation of scarce resources among competing needs and wants."
Over the past sixty years I have seen successive governments run this country contrary to the basic rule of economics, the allocation of scarce resources among competing needs and wants. In 1982 Sir Kendal Isaacs appointed me the Shadow Minister of Health in the House of Assembly. From there for ten years I watched the then Government whittle away scarce money with no rhyme or reason. Since then I