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Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
by Rainer Zitelmann Following the collapse of socialist systems around the world at the end of the 1980s, the superiority of the market economy was clear to many. Nevertheless, latent or overt anti-capitalist animosities have persisted, and, since the outbreak of the financial crisis in 2008, have even gained considerable... Continue reading
Posted 14 hours ago at
ID 115221206 © Gunold | Dreamstime. An interesting take on a very "hot" topic. "...The IPCC’s Working Group I reports (the physical sciences) were rightly described by activists as the “gold standard” description of climate research and the most reliable statement of scientists’ consensus. But by 2011 activists were saying... Continue reading
Posted yesterday at
by Dr. Donald M. McCartney, D.M. The tragedy is not that things are broken. The tragedy is that things are not mended again. ~Alan Paton, Cry, The Beloved Country I have witnessed elections, as a boy, from 1956. This is the worst that I have ever seen it. Bahamians, both... Continue reading
Posted 2 days ago at
Keith Crain editor-in-chief of Automotive News recently wrote an editorial with the heading "Electric will be a rude awakening" where he asserts that it will be a long time before electric cars assume market leadership simply because of the hundreds of millions of gasoline and diesel powered vehicles on the... Continue reading
Posted 5 days ago at
by Michael Munger "There is a problem in public affairs. If there is a state, with the capacity to do good, the temptation to do something is irresistible. If someone objects, the response is always “Well, we have to do something. What would you do?” "It’s not obvious we should... Continue reading
Posted 6 days ago at
"There is a gap between the advancements in technology in vehicles and the advancements in the knowledge of the local vehicle repair shops that have to repair these technologically advanced machines, President and Chief Executive Officer of the Bahamas First Holdings Ltd. Patrick Ward said yesterday." Nassau Guardian Where he... Continue reading
Posted 7 days ago at
In this issue of Cato Unbound, Tyler Cowen begins the discussion by drawing on themes from his new book, Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals.Cowen argues for the ethical importance of long-term growth and civilizational stability. Read the debate here... From the liner... Continue reading
Posted Jun 18, 2019 at
Men and women of conscience must be both vigilant and courageous in the face of these destroyers in our midst. Tuesday, June 11, 2019 by Lawrence W. Reed This article was originally published on Read the original article. The French Revolution produced a parade of fascinating characters, many of... Continue reading
Posted Jun 17, 2019 at
Sebas Bastian of Titan Funds by Richard Coulson When I visited the East Bay Street head office of Investar Securities at 10 AM Monday June 3rd, a dozen citizens were already there waiting to subscribe to either of the two Titan Mutual Funds being launched. They had been attracted by... Continue reading
Posted Jun 16, 2019 at
by Dr. Donald M. McCartney, D.M. As a nation and as a people we still do not respect and elevate education and those who have struggled to obtain it. By education, I do not just mean book learning. The truly educated are those who have the wisdom to use the... Continue reading
Posted Jun 15, 2019 at
Bastiat (1801-1850) was masterful: "On coming to Paris for a visit, I said to myself: Here are a million human beings who would all die in a few days if supplies of all sorts did not flow into this great metropolis. It staggers the imagination to try to comprehend the... Continue reading
Posted Jun 11, 2019 at
In this very interesting discussion on 'Why the Left is winning, and why it shouldn’t' at the Oxford Union from Dec 17, Sir Roger lays out a very plausible explanation as to how/why our educational system was weakened by closing the traditional Government High School in this extract. He puts... Continue reading
Posted Jun 10, 2019 at
"Predictably describing the budget as “a failure”, he said: “It is painfully clear that there was heavy lobbying for and on behalf of special interests, and their negotiators won. So, I ask, who negotiated for the people? Because clearly the special interests got tax breaks, and the poor and middle... Continue reading
Posted Jun 9, 2019 at
Paul Krugman’s arguments do not fare well against evidence in a new book written by economists Alberto Alesina, Carlo Favero, and Francesco Giavazzi titled, "Austerity: When It Works and When It Doesn’t." Friday, June 7, 2019 by John Phelan This article was originally published on Read the original article.... Continue reading
Posted Jun 8, 2019 at
Dear Mr. Editor, On seeing and hearing the President of the United States interfering in the internal politics of an independent nation and major ally is one thing, but to then have the temerity to call the Lord Mayor of London, Mr. Sadiq Khan and one of the hosts, “a... Continue reading
Posted Jun 5, 2019 at
Sir, Who on earth, on the hotel employers’ side, agreed to add the “gratuity” into the last national agreement? Does no-body understand what a gratuity is? Let me explain, it is a TOTALLY VOLUNTARY payment made at the discretion of the customer as a “thank you” for good services received.... Continue reading
Posted Jun 3, 2019 at
Idea City featured Author Tim Clark back in 2015. Clarke discussed "how they develop The Old Farmer’s Almanac and explains some of the myths and wisdom which are inserted into the book come from." Order The Old Farmer's Almanac here... About The Old Farmer's Alamanac: "Time-tested and generations approved, the... Continue reading
Posted Jun 2, 2019 at
On page 24 of the Government's 2019/2020 Budget there is a sentence or two of populist rhetoric that surprises me coming from the Deputy Prime Minister and Minister of Finance. "To date, the Bahamas Development Bank, the Bahamas Entrepreneurial Venture Fund, and two commercial banks have joined in as funding... Continue reading
Posted Jun 1, 2019 at
"Professor Niall Ferguson spoke at the Centre for Policy Studies event 'Friedman at 100', held at The Guildhall, London, on Tuesday 3rd July 2012. "July 2012 sees the 100th anniversary of Milton Friedman’s birth. To mark this occasion, the Centre for Policy Studies organised a celebratory event in the City... Continue reading
Posted May 31, 2019 at
"How did the modern dynamic economy, filled with wealth and opportunity, come about? "In his new book, The Wealth Explosion: The Nature and Origins of Modernity, Stephen Davies examines the surprising, fundamental, and continuing processes of innovation and transformation that have produced the world we live in today. "Exploring the... Continue reading
Posted May 29, 2019 at
Professor Ben Powell recently visited the University of The Bahamas on behalf of The Nassau Institute to speak about Free Trade in Labour. Lecture Summary There is a huge disjoint between popular beliefs about the impact of immigration on the economy and what social scientists find when they study immigration.... Continue reading
Posted May 28, 2019 at
With the ribbon cutting at the "new" main post office it seems like a visit to the Nassau Institute archives is appropriate. How relative is the following post from 2004? The Bahamas Post Office by Rick Lowe During the recent Budget Debate in Parliament the Minister of Transport & Aviation,... Continue reading
Posted May 27, 2019 at
I was recently invited to a meeting to discuss the issue of vagrants and how they have made the graveyards along Shirley Street their home away from home. These unfortunate souls strew garbage among other things throughout graveyards when they sleep there. By day we see them roaming the neighbourhood.... Continue reading
Posted May 26, 2019 at
There is a popular opinion that The Bahamas can easily move to solar energy as our source for electricity. After all we're still burning diesel fuel, in some cases Bunker C, to generate power for our daily lives. While we've been carrying our green bags to the supermarket for years,... Continue reading
Posted May 25, 2019 at