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People in the third sector are far more productive than people in market economies.Pro-social behavior allows you to get a bigger bang for your buck it is not unusual for the third sector to hire highly talented lawyers and accountants for free and they will work harder.
You start off doing one sort of thing for your clients and then you morph into doing other things.
Mr Simmons delivered a fairly positive outlook, telling the audience: I have just got back from the future and it is looking pretty good so you dont have to worry about change.
He said that Bermuda had spent the past 20 to 30 years in a grazing period.
Ms Foulger was a panelist at the conference along with senior lecturer of economics at the Bermuda College Craig Simmons, writer and economic analyst Larry Burchall, and Kumi Bradshaw of Firm Advisory.
The title of their discussion was Survival of the Fittest but Ms Foulger said the title was only shorthand for a more important message from evolutionist Charles Darwin that those most likely to survive are those most responsive to change.