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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
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by Dr. Donald M. McCartney, D.M., MPA, MSc.Ed. [Hons], BA, T.C. Indeed, what occurred on Tuesday, 12 February is a travesty. It would have been a travesty had the event that unfolded on the aforementioned date, occurred under the FNM or the PLP administration. In this case this debacle occurred... Continue reading
Posted 16 hours ago at WeblogBahamas.com
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Some lessons for the Deputy Prime Minister and the Ministry of Finance from Amity Shlaes. "With the federal debt spiraling out of control, many Americans sense an urgent need to find a political leader who is able to say “no” to spending. Yet they fear that finding such a leader... Continue reading
Posted yesterday at WeblogBahamas.com
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EDITOR, Key West in the Florida Keys was/is referred to as the Conch Republic because there was at one time an abundance of conch. Despite the fact that there has been a total ban on the removal of conch from the Florida Keys for almost 40 years, there has been... Continue reading
Posted 3 days ago at WeblogBahamas.com
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From the liner notes: "Captain Paul Harding moved with his family to the Bahamas when he was just twelve. He fell in love with his exotic new home immediately and this epic memoir pays tribute to his passion for island life, his ecclectic friends and family, and the extraordinary career... Continue reading
Posted 4 days ago at WeblogBahamas.com
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“Parasites living off the Poor” The Government is trying to attempt to balance its budget by increasing its revenues. One of the measures was to increase VAT by 60%, At the time there was considerable negative comment about the proposal but on July 1, 2018 the increased rate was introduced... Continue reading
Posted 5 days ago at WeblogBahamas.com
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Globalization is routinely decried for its disruptive effects, particularly as it relates to local culture and community enterprises and institutions. Even as it’s proven to drive significant economic growth, questions remain about its steamrolling influence on the culture. This post and accompanying video from the Acton Institute, gives us food... Continue reading
Posted 6 days ago at WeblogBahamas.com
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The Tribune Editorial of Friday, February 8, 2019 warned that "As we see Venezuela sliding into chaos, we should always be alert in our democracy to the danger of politicians seeking unbridled powers to pursue policies that may not be the interests of the people, not least in managing the... Continue reading
Posted 7 days ago at WeblogBahamas.com
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Daniel Schwanen of the C.D. Howe Institute had some suggestions for Canada. How many of them apply here? Here's a snippet: Canada, like other economies, seeks to attract foreign direct investment to help grow its standard of living. In recent years, however, Canada has struggled to attract such investments. Foreign... Continue reading
Posted Feb 8, 2019 at WeblogBahamas.com
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The more things change... As you read this report bear in mind the discussion today still centres on fixing many of the issues that existed in 1976. Download Health Care for the Bahamas 1976 (PDF) report here... Successive governments make policy decisions without releasing the data they claim they are... Continue reading
Posted Feb 7, 2019 at WeblogBahamas.com
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by Jason Riddle So long as there is peace and political stability in Cambodia, the future is looking bright for this growing economy. This article was originally published on FEE.org. Read the original article. Lim Pengkhun was born in 1980 near the Cambodian-Vietnamese border. The possibility he’d one day manage... Continue reading
Posted Feb 6, 2019 at WeblogBahamas.com
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ECONOMIC LIBERALISATION actively promotes the flawed premise that free trade, generally, and membership of the World Trade Organisation (WTO), specifically, constitute the Holy Grail of sustained economic growth for all countries. Of course, for developed countries, with large and diversified economies, mature industries, large and diverse enterprise stocks, mature firms... Continue reading
Posted Feb 5, 2019 at WeblogBahamas.com
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$200 million is the worst case scenario we're told, but projections have risen from $106 million to $200 million (worst case scenario) in just 18 months. A possible $70 million shortfall per annum is not small change, particularly when the country remains in a fiscal mess. Imagine that, an 88.8%... Continue reading
Posted Feb 4, 2019 at WeblogBahamas.com
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Topic: Why the Global Economy Needs More Freedom and Less Government When: Friday, March 1, 2019 Where: Choices Restaurant, University of The Bahamas Donation: $75 (Cash Bar) E-Mail for more information... Or call 302-0130 ext 2226. Summary: Economic globalization has successfully raised billions of people out of poverty by creating... Continue reading
Posted Feb 3, 2019 at WeblogBahamas.com
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…in two informative and entertaining talks on fraud prevention systems, cyber security, hacking and recovery of stolen funds. Juval Aviv, is a former Israeli counter intelligence officer and founder and CEO of Interfor Inc. His company investigates white collar crime, fraud and specializes in asset recovery. Aviv was a lead... Continue reading
Posted Feb 2, 2019 at WeblogBahamas.com
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The French economist's timeless principles on social harmony and government rigidity. by Gary M. Galles This article was originally published on FEE.org. Read the original article. Amid the hyperbole devoted to the partial government shutdown, Americans have heard the soap opera details of behind-the-scenes jockeying and Twitter smack-downs while being... Continue reading
Posted Feb 1, 2019 at WeblogBahamas.com
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Image: John M. Chase/Shutterstock.com I've been noticing the mantra lately that the hats from the Donald Trump campaign are a symbol of racism. Just wearing a hat makes one a racist according to the narrative. I'm no fan of Donald Trump or his hats but John McGinnis has an interesting... Continue reading
Posted Jan 30, 2019 at WeblogBahamas.com
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I stumbled upon Glenn Greenwald's post sharing William Arkin's e-mail when he left NBC today. And man does he (Arkin) hit a home run. Don't know how I missed this but here's a snippet: "For me I realized how out of step I was when I looked at Trump’s various... Continue reading
Posted Jan 29, 2019 at WeblogBahamas.com
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The BBC has posted a good analysis of how the crisis in Venezuela developed. More... I have limited knowledge of Mr. Guaido and his role, other than what I have read this weekend, but it is no surprise how many people in Venezuela have voted with their feet and left... Continue reading
Posted Jan 27, 2019 at WeblogBahamas.com
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Dear Editor, There is a “connectivity” to issues and events that is often overlooked in this age of instant access and soundbites. I will admit it is much easier to deal with an issue that has the public’s attention but there is something to be gained by looking at the... Continue reading
Posted Jan 27, 2019 at WeblogBahamas.com
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The suggestion that $100 million has been lent to Bahamian students in good faith and most are refusing to pay is hard to believe even in this country where political patronage knows no bounds. The Minister of Education suggests some people took out loans and have never paid a penny... Continue reading
Posted Jan 25, 2019 at WeblogBahamas.com
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This article... by Jose Nino, provides some interesting history and information on why Taiwan still outpaces China. "By the 2000s, Taiwan was well on its way to becoming a market economy. "Throughout the 2000s, Taiwan exercised considerable fiscal restraint. Specifically, from 2001 to 2006, Taiwan implemented several spending freezes that... Continue reading
Posted Jan 24, 2019 at WeblogBahamas.com
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The "Bahamas Agriculture and Marine Science Institute (BAMSI) is redefining its business model and will focus solely on the wholesale sector, a move which is expected to translate into increased revenue by tens of thousands of dollars..." Nice words but they do not provide a heightened level of confidence in... Continue reading
Posted Jan 23, 2019 at WeblogBahamas.com
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Some posts are worth repeating... It doesn't have to be that way When we examine the results of Venezuela's public policies over the past couple decades it seems ever so much more obvious that Pinochet put Chile on the correct economic course. As my statists friends that jump to the... Continue reading
Posted Jan 21, 2019 at WeblogBahamas.com
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by Steven Horwitz Over the thousands of years of human history, poverty and early death have been the norm, with comfort and longevity the exceptions. The improvements in the human condition, at least on average, seen over the course of the twentieth century dwarf the improvements of the previous centuries... Continue reading
Posted Jan 20, 2019 at WeblogBahamas.com