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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
by Lawrence W. Reed “…No man can rightly lay claim, moral or otherwise, to owning another…” A-Students-Essay-That-Changed-The-World (pdf) From The Nassau Institute... More from Lawrence W. Reed here... Continue reading
Posted 7 days ago at WeblogBahamas.com
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Tom Brady’s Super Bowl success has outlasted many titans of corporate America. by Jonathan Miltimore is the Managing Editor of FEE.org. This article was originally published on FEE.org. Read the original article. Super Bowl 55 is now history. In some ways, it was a familiar scene. After 60 minutes of... Continue reading
Posted Feb 13, 2021 at WeblogBahamas.com
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The Institute of Economic Affairs, an influential British Think Tank, has provided and excellent series of videos on Economics with Dr. Steve Davies. Here's their introduction to the videos: "The first in a two-part series, providing 33 films in total, will cover everything from basic economic theory to important historical... Continue reading
Posted Feb 7, 2021 at WeblogBahamas.com
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by Peter T. Bauer (Lord Bauer) (1915–2002) Thursday, December 1, 1966 This article was originally published on FEE.org. Read the original article. Foreign aid is clearly not a neces­sary condition of economic devel­opment. This fact is obvious from the history of the developed coun­tries, all of which began poor and... Continue reading
Posted Feb 6, 2021 at WeblogBahamas.com
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New Zealand’s experience is one of numerous examples in which socialism caused ruin that capitalism then fixed. by Lawrence W. Reed (Editor's note: A shorter version of this article was recently published in both English and Spanish at ELAMERICAN.COM). This article was originally published on FEE.org. Read the original article.... Continue reading
Posted Feb 1, 2021 at WeblogBahamas.com
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Former Governor of the Central Bank of The Bahamas in discussing the IMF's recent recommendations for austerity by the Government said "that “it’s too narrow a measurement” to focus on debt-to-GDP ratios, which only assess a country’s debt as a percentage of its economic output, Mr Smith added that last... Continue reading
Posted Jan 31, 2021 at WeblogBahamas.com
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CESRA turns up the heat. The boiling frog dilemma anecdote describing a frog slowly being boiled alive is an apt description of what is happening here in The Bahamas over the past couple decades. The political class keeps ratcheting up regulations and taxes without much fuss from the frogs (business... Continue reading
Posted Jan 24, 2021 at WeblogBahamas.com
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Fundamentally there are two forms of criticism – destructive and constructive. The destructive type is not all helpful and only appeases the sender of the message. The latter type should be welcomed and be favourably considered, Currently The Bahamas is facing two pandemics – namely Covid-19 & Corruption. Covid -19... Continue reading
Posted Dec 23, 2020 at WeblogBahamas.com
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There has been much written about this topic both by those in favour and those vehemently against. While the viewpoints are usually well substantiated, I have not seen what I consider a business assessment of the pro’s and con’s. In line with this objective, I list issues below for consideration:... Continue reading
Posted Dec 22, 2020 at WeblogBahamas.com
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What caused the fall of Rome? A friend sent this link... to a Smithsonian article by Jason Daly entitled: Lessons in the Decline of Democracy From the Ruined Roman Republic. Daly informs us that Rome fell, in a nutshell, because of violent rhetoric and the disregard of political norms. In... Continue reading
Posted Dec 19, 2020 at WeblogBahamas.com
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Does the colour of their flag matter? Continue reading
Posted Dec 12, 2020 at WeblogBahamas.com
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by Rick Lowe First posted at The Nassau Institute, here... April 2004 was the first time The Bahamas heard about structural reforms in New Zealand in a meaningful way when Mr. Maurice McTigue presented a speech entitled Lessons in Free Enterprise Reform for The Nassau Institute about governmental reforms that... Continue reading
Posted Nov 29, 2020 at WeblogBahamas.com
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In Students of Liberty, Leonard Read drew out the superiority of a society whose organizing principle is virtue voluntarily acted out in practical terms with those we interact with over one organized around coercion backed by the threat of violence. by Gary M. Galles This article was originally published on... Continue reading
Posted Nov 9, 2020 at WeblogBahamas.com
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Sir, There has been much shouting and screaming by people about the ongoing evening curfews and week-end lockdowns, unfortunately, including those who should know better. Among these are, Senators and Members of Parliament. I am quite certain the Competent Authority, including the Prime Minister and Cabinet Ministers experience no joy... Continue reading
Posted Nov 7, 2020 at WeblogBahamas.com
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by Tradewinds "The coming election in the United States is really all about the future political direction the country will become.. It is a choice between Collective Socialism and Free Market Capitalism.. It will determine the leadership and future direction of the Free World.. It also will have a significant... Continue reading
Posted Nov 2, 2020 at WeblogBahamas.com
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Sowell Insists on Looking at Things as They Really Are by George C. Leaf This article was originally published on FEE.org. Read the original article. Conquests and Cultures is the final book in Thomas Sowell’s trilogy exploring the formation and importance of human culture. The earlier volumes were Race and... Continue reading
Posted Nov 1, 2020 at WeblogBahamas.com
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Forty years later, the libertarian Nobel laureate's PBS series is still winning hearts and minds. Nick Gillespie | 10.26.2020 "Milton Friedman's documentary series Free To Choose first aired on PBS 40 years ago. It was an unapologetic defense of why capitalism was both morally and pragmatically superior to socialism. Over... Continue reading
Posted Oct 26, 2020 at WeblogBahamas.com
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From time to time, either a PLP Government or an FNM Government have actually reduced taxes, usually to comply with some WTO requirement or the other. Of course the opposition party at the time, accuses the Governing Party of Special Interest politics. Special interest politics is nothing new. As Dr.... Continue reading
Posted Oct 24, 2020 at WeblogBahamas.com
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In October 1989 Dr. Cleveland Eneas gave a speech on the subject of the approaching "Discovery Day" holiday. A day now known as Heroes Day in an effort to erase the memory of Christopher Columbus like other "places that think they are being "politically correct". He pointed out that "…anything... Continue reading
Posted Oct 12, 2020 at WeblogBahamas.com
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National Heroes Day (October 12th) is celebrated on the second Monday in October and is now observed as "National Heroes Day," to honor Bahamian national heroes. It phases out the former Discovery/Columbus Day Holiday. That said I would like to highlight three Bahamians that I consider my heroes: First is... Continue reading
Posted Oct 12, 2020 at WeblogBahamas.com
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A new 90-minute documentary showcases the greatness of the economist Ludwig von Mises to the world. by Lawrence W. Reed Read the original post at FEE.org here... Have you ever checked to see which famous people you share a birthday with? My special date is September 29. The list of... Continue reading
Posted Oct 11, 2020 at WeblogBahamas.com
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He saw every opponent as a potential ally, never an incorrigible enemy. This article was originally published on FEE.org. Read the original article. The fullest appreciation of Leonard Read’s “I, Pencil” derives from this understanding: The gentle, persuasive, and irresistible appeal of the essay is a direct reflection of the... Continue reading
Posted Sep 27, 2020 at WeblogBahamas.com
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ONLY the people can get this virus under control . The Government can only keep driving home the five (5) steps using radio and TV . AGREE 100%: THE FIVE (5) DO / RULES / STEPS to life during this virus . 1. Wear a mask , 2) Social Distancing... Continue reading
Posted Aug 30, 2020 at WeblogBahamas.com
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Sir, I write in a personal capacity when I wonder who is the cretin who had decreed that bank branches, in the Bahamas, will go cashless. I will further add that I am a retired banker and started my banking career some 60 years ago in London, you may have... Continue reading
Posted Aug 29, 2020 at WeblogBahamas.com