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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
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"Many believe that the postulate that public budget deficits do not matter comes from John Maynard Keynes, the English economist who proposed the policy of deficit spending. Yet Keynes was in favor of a balanced budget in the long run. Deficits were meant to revive the economy in a recession,... Continue reading
Posted 1 hour ago at WeblogBahamas.com
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Mr. Editor, This never-ending saga of the Post Office has gone from the sublime to the seriously ridiculous, we are now hearing that, under some, quirky paragraph in the post office act, the authorities have the right to shred unsorted mail!?!? This normally quite placid Bahamian is not at all... Continue reading
Posted yesterday at WeblogBahamas.com
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The controversy stirred up with the recent passing of the Non-Profit Organisations Bill, 2018 (NPO Bill) in Parliament has been quelled a bit as the Senate pulled the bill from debate today based on feedback from Civil Society. Apparently the Attorney General is taking the week to work on recommendations... Continue reading
Posted 6 days ago at WeblogBahamas.com
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Skirting long held Parliamentary procedure of issuing Green and White Papers before the introduction of a new Bill, the Government has fast tracked a Non-Profit Organisations Bill, 2018 (NPO Bill) to regulate NGO's. The House of Assembly (lower house) has already passed the legislation with the Senate (upper house) expected... Continue reading
Posted 7 days ago at WeblogBahamas.com
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This presentation from 2009 is worth repeating... "There is a mountain of evidence that purposeful — government directed — economic planning programs fail to live up to expectations. Rather than embrace more of the same, perhaps it would be better if Americans, Puerto Ricans, Bahamians and others removed obstacles to... Continue reading
Posted Dec 8, 2018 at WeblogBahamas.com
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Mr. Editor I have to ask if my brothers and sisters, with a darker skin-tone and who originated from the African continent, seriously believe they were the only ones to suffer the indignity and horror of enslavement? Sorry, but I must enlighten you; slavery has been around since a couple... Continue reading
Posted Dec 3, 2018 at WeblogBahamas.com
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Mr. Cooper, Deputy Leader of the Opposition PLP is right to seek answers regarding the higher than projected deficit by the current FNM administration, but it seems patently clear suggested solutions are few and far between. In fact none were offered. The DPM was also less than forthcoming in the... Continue reading
Posted Nov 26, 2018 at WeblogBahamas.com
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11/22/2018 Antony P. Mueller Original article from Mises.org. Read it here... When politicians and bureaucrats fail to deliver what they promise — which happens a lot — we're often told that the problem can be solved if only we get the right people to run the government instead. We're told... Continue reading
Posted Nov 25, 2018 at WeblogBahamas.com
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Dear Mr. Editor, M.P. McAlpine has already been lambasted for his lack of concern for his constituents; I now wish to heap yet more scorn on this sorry example of a member of parliament. I understand McAlpine took part in the “march” recently evidently because he had nothing better to... Continue reading
Posted Nov 23, 2018 at WeblogBahamas.com
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The FNM Government has tabled legislation to take dormant account funds, after 17 years, and place them in a disaster relief fund. While this is a good idea, why not ensure everything possible has been done to track down the owners and/or potential heirs? Here's a synopsis from the Ministry... Continue reading
Posted Nov 22, 2018 at WeblogBahamas.com
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Other than the pot calling the kettle black about "shoddy accounting", what could be the motive for government forcing businesses to provide audited financials with their business license application? Could it be they want to measure what a new corporate tax will bring upon implementation? Maybe it should not be... Continue reading
Posted Nov 18, 2018 at WeblogBahamas.com
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Frank Hill reports on David Gardner's, talk last week at the Wilberforce Conference sponsored by the North Carolina Study Center. (Gardner founded the stock market advisory firm The Motley Fool with his brother). “Despite all of our collective problems and doomsday predictions … there is immense hope for the future... Continue reading
Posted Nov 17, 2018 at WeblogBahamas.com
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Photo: Nassau Guardian The leader of the Opposition PLP, Mr. Brave Davis is up to typical political mischief making with the straw market again attempting to provide political cover for tenants that have allegedly not paid their rent. The straw market has a long sordid history of being used as... Continue reading
Posted Nov 16, 2018 at WeblogBahamas.com
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Dear Mr. Editor, What is “ludicrous,” Mr. Davis, is the abject failure and total and complete inaction of your PLP party, during your last five year term in office, to even attempt to give the Bahamas what has been urgently needed for the passed 15 years, a WORKING Post Office!... Continue reading
Posted Nov 14, 2018 at WeblogBahamas.com
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Date: Thursday, November 15, 2018 Location: The University of The Bahamas. Sir Franklyn Wilson Centre at 6:30pm. The Nassau Institute & Templeton Religion Trust, in Collaboration with the Banking Economics & Finance Department & The Economics Society of The University of The Bahamas Presenter Art Carden Speaking on: Leave Me... Continue reading
Posted Nov 13, 2018 at WeblogBahamas.com
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"In his lead essay, Gerald Gaus argues that today’s political philosophy is a confused jumble of opposing factions with little prospect of consensus. He then proposes a way out of this “crisis of credibility”: We should recognize that there may be a range of institutions, each of which suffices to... Continue reading
Posted Nov 12, 2018 at WeblogBahamas.com
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In 1947, America on the was cusp of conflict with the Soviet Union, as the latter side pushed for control of the Mediterranean and the prior attempted to contain as much as possible. This policy of containment was largely derived from President Harry Truman’s 1947 speech to Congress, commonly known... Continue reading
Posted Nov 10, 2018 at WeblogBahamas.com
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"We're not the Borg from Star Trek. We want to engage in private projects we do by ourselves and not with others," says Jason Brennan, an associate professor of philosophy at Georgetown University. "Brennan's new book, Why Not Capitalism?, casts a critical eye on a notion with wide appeal among... Continue reading
Posted Nov 9, 2018 at WeblogBahamas.com
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Dear Mr. Editor, Please allow me space to take issue with certain comments by the REV. Frederick McAlpine, MP. If McAlpine was my Member of Parliament I would be doing everything possible to have him unseated. It would appear his “word” is of far more importance than the needs of... Continue reading
Posted Nov 7, 2018 at WeblogBahamas.com
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I must admit to a feeling of great frustration when I hear the political class suggest some public policy is in the national interest because it it simply a distortion. Pierre Lemieux sums it up quote well in his article The Tyranny of the National Interest. Here's a quote: "The... Continue reading
Posted Nov 4, 2018 at WeblogBahamas.com
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James Bovard, the author of ten books, including 2012’s Public Policy Hooligan, and 2006’s Attention Deficit Democracy and has written for the New York Times, Wall Street Journal, Playboy, Washington Post, and many other publications has a new op/ed at Mises.org tilted We Need a #MeToo Movement for Political Consent.... Continue reading
Posted Nov 3, 2018 at WeblogBahamas.com
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Out of the box the Government just could not tell the truth. Government services are paid for with taxes but NHI is not a tax. Go figure! Then on top of that some employers are exempt. Out of the starting gate Government plays it's deceit cards. I guess we should... Continue reading
Posted Oct 29, 2018 at WeblogBahamas.com
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Last week I had a meeting in Mexico with GM. It was my third visit so I thought it was time to see a couple of the Mayan ruins. We stayed at Paradisus, a Melia Resort in Playa del Carmen. While the beach is nice, it can't compare to ours... Continue reading
Posted Oct 28, 2018 at WeblogBahamas.com
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In comfortable, middle-class West London I am surrounded by the smug. The local websites recently erupted in prissy anger, for example, at the notion that the site of a local scrap yard (I am surprised we still have one) is to be redeveloped as apartments. "It's not green" or "it... Continue reading
Reblogged Oct 27, 2018 at WeblogBahamas.com
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His prolific contributions to Russian literature earned him a Nobel Prize, while his bravery on behalf of freedom gained him the gratitude of oppressed peoples everywhere. by Lawrence W. Reed Published at FEE.org here... Visit Larence W. Reed's web site here... When Aleksandr Solzhenitsyn died 10 years ago (in 2008)... Continue reading
Posted Oct 20, 2018 at WeblogBahamas.com