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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
Hayek’s "The Road to Serfdom" - Lawrence H. White
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Ludwig von Mises (1881–1973) and Friedrich A. Hayek (1899–1992) were leading founders of the Austrian School of economics, and are counted among the twentieth century’s foremost champions of free markets and critics of socialism. This second CCA of the 2016-2017 academic year will consider the history and principles of the... Continue reading
Posted Mar 21, 2020 at WeblogBahamas.com
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Crisis and Leviathan
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In Crisis and Leviathan, economist and historian Robert Higgs shows how Big Government emerged from responses to national emergencies that occurred as attitudes about the role of government were changing dramatically. In particular, governmental responses to the Great Depression, two World Wars, the Cold War, and various minor “crises” (real... Continue reading
Posted Mar 16, 2020 at WeblogBahamas.com
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Marginal Revolution University (MRU) | Introduction to Economics
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Economics is much more than just numbers and graphs. In fact, we can use economics to explain much of what we encounter in our daily lives. For instance, why is customer service at your local restaurant usually better than that of the cable company? To find the answer we can... Continue reading
Posted Mar 7, 2020 at WeblogBahamas.com
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The Prehistory of Public Choice
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Public choice looks at political activity from an economic point of view. This month we look at literature to explore how such thinking began. It’s often been asserted that the economic way of thinking is a very recent creation - the product, perhaps, of influential thinkers like Adam Smith and... Continue reading
Posted Mar 3, 2020 at WeblogBahamas.com
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The Anti-Capitalists Are (Still) Wrong about History—and Much More
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The notion of late capitalism has been around since Karl Marx began his assault on free enterprise in the 19th century, although the term was officially coined by German economist Werner Sombart in his 1902 book "Der Moderne Kapitalismus." by Doug McCullough and Brooke Medina Read the original article at... Continue reading
Posted Mar 2, 2020 at WeblogBahamas.com
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Passports Were a “Temporary” War Measure
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We recently had our passports renewed and the over all process was extremely efficient. There was one problem. There was some wear on one my photos so I was told I had damaged Government property and had to file a Police Report before a new passport would be issued. What!... Continue reading
Posted Feb 26, 2020 at WeblogBahamas.com
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No, Fidel Castro Didn't Improve Health Care or Education in Cuba
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Cuba has made less educational and health care progress than most Latin American countries over the last 60 years, data show. by Hans Bader Originally posted at FEE.org. Read it here... On CBS’s 60 Minutes, Senator Bernie Sanders recently praised the achievements of communist Cuba. An interviewer asked him about... Continue reading
Posted Feb 25, 2020 at WeblogBahamas.com
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Is Capitalism Sustainable? with Professor Michael Munger
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Professor Michael Munger draws from the public choice discipline to evaluate capitalism, socialism, and democracy, and attempts to answer the question: is capitalism sustainable? This lecture took place on February 5, 2020 at the University of Colorado, Colorado Springs, and was hosted by the UCCS Center for the Study of... Continue reading
Posted Feb 22, 2020 at WeblogBahamas.com
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Bryan Caplan On Open Borders
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George Mason economist and recreational controversialist Bryan Caplan has teamed up with artist Zach Weinersmith of Saturday Morning Breakfast Cereal fame for one of the most ambitious crossovers in nerd history. The result of their partnership is a surprisingly readable visual case for open borders, in which a cartoon Caplan... Continue reading
Posted Feb 17, 2020 at WeblogBahamas.com
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In memoriam: Mr. Vincent M. Higgs 1936 - 2020
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Uncle Vincent was laid to rest yesterday at Trinity Methodist Church and I was honoured to deliver The Eulogy. He was a fabulous gentleman and I trust my tribute below provides a glimpse of the impact he had on my life and that of so many others. Tribute to Uncle... Continue reading
Posted Feb 16, 2020 at WeblogBahamas.com
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Minimum Wage Folly
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Mr. Editor, I refer to recent talk of increasing the minimum wage. The idea of a mandated minimum wage is for the lowest paid members of society to, at least, ensure that they can keep up with the ever-increasing costs of living. It is not intended to lift a small... Continue reading
Posted Feb 3, 2020 at WeblogBahamas.com
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How Welfare States Make Us Less Civilized
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by Per Bylund Read original article at Mises.org by clicking here... Throughout history, the state has justified itself on the grounds that it is necessary to protect us from others whose habits and beliefs — we are meant to believe — are dangerous. For millennia, this fiction was easy to... Continue reading
Posted Feb 2, 2020 at WeblogBahamas.com
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US and Swedish Taxes Are the Same in Reducing Inequality
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It’s become a sort of conventional wisdom that the United States is a very bad country because of income inequality. Saturday, February 1, 2020 by Zilvinas Silenas Read the original article at FEE.org by clicking here... It’s become a sort of conventional wisdom that the United States is a very... Continue reading
Posted Feb 1, 2020 at WeblogBahamas.com
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The gap between perception and aspiration and reality in green energy
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The hard reality is shown in the image to the left. As the smallest red measurement shows, there's a long way to go before solar and wind or other green energy can replace fossil fuels unless we as individuals want to give up a whole lot. According to Peter Tertzakian... Continue reading
Posted Jan 29, 2020 at WeblogBahamas.com
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Domestic Branch Banking
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Dear Sir, Writing as a retired banker with experience in both domestic branch banking in north London, England and international commercial banking in both the City of London and here in Nassau. I am forced to voice my concerns with the present atrocious state of branch banking, for the simple... Continue reading
Posted Jan 28, 2020 at WeblogBahamas.com
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How many light bulbs does it take to change the world?
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by Matt Ridley and Stephen Davies Institute of Economic Affairs > Publications > Policies > Energy and Environment Innovation is a very important source of economic growth. In pre-modern societies, institutions and practices worked against innovation. Innovation is the natural and inevitable result of trade and exchange. Technological innovation is... Continue reading
Posted Jan 27, 2020 at WeblogBahamas.com
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5th Annual Joan Thompson Memorial Lecture with Per Bylund on The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives
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The Nassau Institute & Templeton Religion Trust In Collaboration with the Banking Economics & Finance Department & The Economics Society of The University of The Bahamas presents: Professor Per Bylund on The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives On February 6, 2020 at 6:30pm... Continue reading
Posted Jan 26, 2020 at WeblogBahamas.com
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Ludwig von Mises and the Real Meaning of Liberalism
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by Richard Ebeling Read the original article at FEE by clicking here... 'Liberalism' has become one of the most widely misused words in the American political lexicon. iberalism has become one of the most widely misused and abused words in the American political lexicon. It represents, some say, politically “progressive... Continue reading
Posted Jan 25, 2020 at WeblogBahamas.com
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Upcoming Lecture: Dr. John Rodgers – The End of Exchange Controls. January 22, 2020
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The Nassau Institute and Templeton Religion Trust In Collaboration with the Banking Economics & Finance Department & The Economics Society of The University of The Bahamas presents: Dr. John Rodgers, on The End of Exchange Controls Wednesday, January 22, 2020, 6:30pm in the Harry C. Moore Library Conference Hall at... Continue reading
Posted Jan 20, 2020 at WeblogBahamas.com
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The Rise and Fall of Nicolae Ceausescu, “the Romanian Fuehrer”
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...we should remember that eternal vigilance truly is the price of liberty. by Doug Bandow Article orignally posted at FEE. Read it here... Traditionally, Christmas is a time of peaceful reflection and restful appreciation of the fast disappearing year. In 1989, there was much to contemplate. The most dramatic symbol... Continue reading
Posted Jan 19, 2020 at WeblogBahamas.com
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Out Of Frame
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Enjoy "video essays that explore the intersection of art, culture, and big ideas written & produced by FEE's Director of Media, Sean W. Malone." There are over 30 video programmes to choose from. See them all here... One of my favourites is: Chef: What's the Secret Ingredient to Success? "Jon... Continue reading
Posted Jan 15, 2020 at WeblogBahamas.com
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I hope this stu...ff is not contagious
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Dear Mr. Editor, It certainly would appear that moronic statements are not limited to the simple man or woman in the street witness comments very recently made by Leslie Miller and Rupert Roberts. I say again if these two gentlemen, in association, with the leader of the Opposition, had any... Continue reading
Posted Jan 14, 2020 at WeblogBahamas.com
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More on plastic bags
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Dear Mr. Editor, Apropos of my recent communication to you I would hate to call our leader of the Official Opposition a moron, but …. ! After his less than stellar pronouncements concerning the plastic bag ban on the television news one does have to wonder! He was trotting out... Continue reading
Posted Jan 14, 2020 at WeblogBahamas.com
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Plastic Bag Ban
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Dear Mr. Editor, I’m very sorry but we, the Bahamas, would appear to be a nation of morons, who seem unable to read and have a television to watch only advertisements. How else can the ludicrous statements carried on the news concerning the withdrawal of plastic bags be explained? Surprise... Continue reading
Posted Jan 7, 2020 at WeblogBahamas.com
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No such economic theory as "Trickle Down"
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Every time I hear the words Trickle Down Economics I wonder who the economist was that proposed this grand theory. Well I've never been successful in finding out who advanced this Trickle Down economic theory and those that talk about how bad it is don't seem to know the name... Continue reading
Posted Jan 6, 2020 at WeblogBahamas.com
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