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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
The Anti-Capitalist Ideology of Slavery
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Seems pretty clear the anti market forces were aligned on behalf of slavery. By Phillip W. Magness What is capitalism’s view toward slavery? It seems like a crazy question, but not so much actually, not in these times. So let us begin with the opening line of the first chapter... Continue reading
Posted 2 days ago at WeblogBahamas.com
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Regulation Theory
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Why is the government habit so difficult to break? Is it special interests? Just any special interests”?” His presentation was entitled, Bootleggers, Baptists and the Government Habit and you can watch a snippet of the full length the video below. Watch the full video here... Policy analysts, academics, journalists, and... Continue reading
Posted 3 days ago at WeblogBahamas.com
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The Rise of Capitalism by Ludwig von Mises
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Published at Mises.org. See original post here... The precapitalistic system of production was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word, as they did not depend on the patronage of... Continue reading
Posted 4 days ago at WeblogBahamas.com
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Why do we demonize those with whom we disagree?
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Arnold Kling over at Libertarianism.org has an interesting article about how we (left versus right or even PLP versus FNM) polarize ourselves. Here's a couple excerpts: "Back in the twentieth century, there was room in American politics for bipartisanship, deliberation, negotiation, and compromise. President Lyndon Johnson needed the support of... Continue reading
Posted 5 days ago at WeblogBahamas.com
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Bonds Now Listed On BISX — Overcoming Political Indifference
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by Richard Coulson Another example of the more enlightened policies being followed by our Ministry of Finance and Central Bank is the announcement that government bonds (officially Bahamas Government Registered Stock, or BGRS) are now listed on BISX. Awaited ever since BISX was founded twenty years ago, it took the... Continue reading
Posted 6 days ago at WeblogBahamas.com
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Five Lessons for Politicians from Adam Smith
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by Caroline Breashears This article was originally published on FEE.org July 16, 2019. Read the original article. This is a good time for politicians to reflect on Smith's lessons in "The Theory of Moral Sentiments" and "An Inquiry into the Nature and Causes of the Wealth of Nations." Yesterday I... Continue reading
Posted 7 days ago at WeblogBahamas.com
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Taxing Wealth and Capital Income
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By Chris Edwards August 1, 2019 Taxing the wealthy is a hot issue among Democratic candidates for president. Sen. Elizabeth Warren (D-MA) is proposing an annual wealth tax on the richest households, while other candidates are proposing higher taxes on incomes, estates, capital gains, and corporations. Calls for tax increases... Continue reading
Posted Aug 12, 2019 at WeblogBahamas.com
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A blazing defence of the morality of capitalism with Dr. Yaron Brook
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Dr. Yaron Brook, President and executive director of the Ayn Rand Institute, joined us to speak on his latest book 'Free Market Revolution: How Ayn Rand's Ideas Can End Big Government', which argues that we must embrace a new way of thinking about capitalism and self-interest - one first spearheaded... Continue reading
Posted Aug 11, 2019 at WeblogBahamas.com
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Be Entrepreneurial
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The Nassau Institute & The University of The Bahamas hosted a lecture by T. K. Coleman on ”Entrepreneurship As A Theory of Social Change" in lecture hall at the Harry C. Moore Library conference hall. Mr. Coleman said: "I want everyone to leave there feeling convinced that we have a... Continue reading
Posted Aug 10, 2019 at WeblogBahamas.com
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Govt Right to Rule Out Direct Aid to Sky Bahamas
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by Richard Coulson I have often urged that our domestic airline routes be privatized, with Bahamasair sold off to an investor-owned company. Recent events show that privatization alone is not the answer for a successful airline business. Sky Bahamas is owned by Capt. Randy Butler and other Bahamians and now... Continue reading
Posted Aug 10, 2019 at WeblogBahamas.com
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On Compass Point
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Let me first of all point out that I consider the owner of Compass Point a friend with similar interests and attitudes toward numerous things, so it might not be a surprise for me to say that I agree with the position he has taken in the ad he published.... Continue reading
Posted Aug 8, 2019 at WeblogBahamas.com
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Think, Mr. Davis, think!
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Dear Mr. Editor, Listening to Mr. Davis on last evening’s news broadcast, makes me refer back to my very recent communication concerning his and the PLP’s very lame attempts to score cheap political points at the expense of the FNM. Only problem, Mr. Davis, you really should think carefully about... Continue reading
Posted Aug 7, 2019 at WeblogBahamas.com
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PLP not concerned about fiscal constraint
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In a frivolous response to a legitimate concern that all political parties should commit to fiscal restraint by way of the Freedom of Information Act, the Fiscal Responsibility Act, and the Integrity Commission Bill in the future instead of the tax and spend policies that have put the country on... Continue reading
Posted Aug 6, 2019 at WeblogBahamas.com
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Opposition to new post office is shameful
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Dear Mr. Editor, It is most shameful that Mrs. Hanna Martin and the rest of the previous PLP Government, unfortunately, the senior membership of the DNA and regrettably some uncaring members of the FNM totally ignored we, the people’s, need for a working Post Office. Now, thanks to Dr. Hubert... Continue reading
Posted Aug 5, 2019 at WeblogBahamas.com
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What If Charity Replaced Taxation?
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Perhaps if the government demanded less (coercively), people would give more voluntarily. by Jean Vilbert This article was originally published on FEE.org. Read the original article. Health care. Education. Among others, these goods have been considered so important that most current governments make a huge effort to provide them to... Continue reading
Posted Jul 16, 2019 at WeblogBahamas.com
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41 Inconvenient Truths on the "New Energy Economy"
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Bill Gates has said that when it comes to understanding energy realities “we need to bring math to the problem.” He's right. by Mark P. Mills This article was originally published on FEE.org. Read the original article. A week doesn’t pass without a mayor, governor, policymaker or pundit joining the... Continue reading
Posted Jul 14, 2019 at WeblogBahamas.com
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Bastian can Afford to Wait on Gradual Growth for Titan Funds
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by Richard Coulson The distinguished long-time head of our Securities Commission, Hillary Deveaux, was clearly struggling for the right words in his new role as Chairman of Investar Securities, manager of the current offering of the two Titan Funds, promoted by protean entrepreneur Sebas Bastian. While calling the demand “fairly... Continue reading
Posted Jul 13, 2019 at WeblogBahamas.com
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Is there Anybody out there with A Big Idea?
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by Richard Coulson Business and politics are never far apart, so I hope my readers will excuse my bloviating about the political world, both in the US and here. Two weeks ago 20 Democratic candidates for the Presidency debated over two days in Miami. It was beyond endurance to sit... Continue reading
Posted Jul 12, 2019 at WeblogBahamas.com
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Importing a miracle. My Bahamas Independence Wish
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When one reads in 2019 that The Bahamas GDP Per Person is now lower than 2007, a rethink is vital. There are indicators like a market economy, lower taxes and regulation, Government debt to GDP of say 40% and the rule of law that help nations do well. Oh one... Continue reading
Posted Jul 10, 2019 at WeblogBahamas.com
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Milton Friedman: Which Way for Capitalism from 1978
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The Nobel Prize-winning economist charts two possible futures for American capitalism. Milton Friedman | From the May 1978 issue of Reason Magazine "What is the future of capitalism?—by which I mean the future of competitive capitalism—free enterprise capitalism. In a certain sense, every major society is capitalist. Russia has a... Continue reading
Posted Jul 9, 2019 at WeblogBahamas.com
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Why the Amorality of Markets Is Preferable to the Immorality of Coercion
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The market is a mechanism and is neither wise nor moral. by Gary M. Galles This article was originally published on FEE.org. Read the original article. Liberty and voluntary relationships evoke the best in individuals and, therefore, society. That makes it painful to see willing arrangements blamed for virtually everything... Continue reading
Posted Jul 8, 2019 at WeblogBahamas.com
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Libertarianism
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Justice, prosperity, responsibility, tolerance, cooperation, and peace. Many people believe that liberty is the core political value of modern civilization itself, the one that gives substance and form to all the other values of social life. They're called libertarians. Find out more here... Continue reading
Posted Jul 7, 2019 at WeblogBahamas.com
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The Library of Economics and Liberty
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The Library of Economics and Liberty (Econlib) is dedicated to advancing the study of economics, markets, and liberty. It offers a unique combination of resources for students, teachers, researchers, and aficionados of economic thought. The website is provided by Liberty Fund, Inc., a private, educational foundation established to encourage the... Continue reading
Posted Jul 5, 2019 at WeblogBahamas.com
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Envy and Hatred of the Good at full speed ahead
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Chester Cooper, Deputy Leader of the Opposition PLP says his party's interest in contracts awarded to companies held by Brent Symonette's children in a blind trust is not about race, "... it... is about privilege and class and special interest." I find it curious that they are not questioning the... Continue reading
Posted Jul 3, 2019 at WeblogBahamas.com
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The Need To Rise Above National Divisiveness And Acrimony...
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by Dr. Donald M. McCartney, D.M. "It is never too late to move with purpose to a higher loftier plane. We need to rise above the divisiveness and acrimony and come together on common ground to build this nation." ~ Dame Marguerite Pindling, Governor-General These are fitting words by the... Continue reading
Posted Jul 2, 2019 at WeblogBahamas.com
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