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Bahamas Government Budget 1952 - 1967

A picture paints a thousand words: Click on image to enlarge. Read more →

Dr. Dan Mitchell to address Nassau Institute meeting November 6, 2008

The Nassau Institute is hosting a meeting with Dr. Dan Mitchell of The Cato Institute on Thursday, November 6, 2008 at 6:30pm in the Cagliati Room in Luiciano's of Chicago on East Bay Street, Nassau. Dr. Mitchell's presentation is titled Tax Havens are a Blessing. Click here... to sign up.... Read more →

Bahamas Contractor loses it?

On Thursday of this week, Mr. Gus Outten, an earth moving contractor decided that since he had not received a contract from Albany, a development at the South Western end of New Providence, he would take the law into his hands and block the road way. According to press reports,... Read more →

Capitalism finding its way into Cuba?

Great news! With all the negative press about capitalism lately, it appears Cuba might have finally come to the conclusion that Castro's brand of Marxism is not such a good idea after all. According to this BBC News piece, Cuba is set "to abolish its system of equal pay for... Read more →

Capitalism (Laissez Faire) responsible for financial crisis?

George Reisman lays it out in his usual eloquent voice. The Myth that Laissez Faire Is Responsible for Our Financial Crisis. Read more →

The Political Process

A friend sent the following e-mail and I couldn't resist posting it. Seems quite close to the truth to me. The Political Process While walking down the street one day a US senator is tragically hit by a truck and dies. His soul arrives in heaven and is met by... Read more →

Lessons in Freedom: Bad v. Good Pitch to Voters

We are delighted to present Lessons in Freedom, essays by Dr. Tibor Machan, for your pleasure. Dr. Machan holds the R. C. Hoiles Chair in Business Ethics & Free Enterprise at Chapman University's Argyros School of B&E and is a research fellow at the Hoover Institution (Stanford University, CA). (www.Tibormachan.com)... Read more →

Capitalism under attack?

Originally known as economic individualism, The Routledge Dictionary of Economics (2000) informs us that Capitalism is: 1. A socioeconomic system of production using roundabout methods of production* 2. An economy based on private enterprise. 3. The use of markets and not planning to allocate economic resources. 4. Production motivated by... Read more →

Bahamas Ferries pushing government to improve the ferry terminal

by Rick Lowe When I read the heading in The Tribune Business of Friday, October 17, 2008 I was beside myself. How could Bahamas Ferries have the nerve to ask the government to build a terminal for them? That's like owners of sports teams asking the state to build new... Read more →

Lessons in Freedom: Why Not Socialism?

We are delighted to present Lessons in Freedom, essays by Dr. Tibor Machan, for your pleasure. Dr. Machan holds the R. C. Hoiles Chair in Business Ethics & Free Enterprise at Chapman University's Argyros School of B&E and is a research fellow at the Hoover Institution (Stanford University, CA). (www.Tibormachan.com)... Read more →