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A Student’s Essay That Changed The World

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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10 Companies That Advertised During Brady’s First Super Bowl in 2002 (and the Story They Tell)

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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Economics 101 from the IEA with Dr. Steve Davies

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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Foreign Aid: An Instrument for Progress?

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 Path to Prosperity Began With Rejecting Democratic Socialism

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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Bahamas Debt to GDP "...too narrow a measurement"?

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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The Bahamas and The Boiling Frog Dilemma

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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Merry Christmas & Happy New Year

Posted Jan 2, 2021 at WeblogBahamas.com

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Criticism

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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OIL - TO DRILL or NOT TO DRILL

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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Violent rhetoric and disregard for political norms. The beginning of the end?

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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Them and Us

Does the colour of their flag matter? Continue reading

Posted Dec 12, 2020 at WeblogBahamas.com

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Reforms for good governance

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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Abandon the Principle of Violence. Don't Rearrange It

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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Curfews and Lockdowns

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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US Elections. A choice between Collective Socialism and Free Market Capitalism?

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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Conquests and Cultures

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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Milton Friedman's Free to Choose Proved Capitalism Is Superior to Socialism

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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Is politics a contest for government favours?

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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Columbus Day & Conquests and Cultures

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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Remembering my Bahamian Heroes on National Heroes Day

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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Human Action: The Movie Is Here!

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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Leonard Read, the Man

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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In my opinion: How will we get this virus under control?

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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Cashless bank branches?

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

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