WeblogBahamas.com

The Bahamas: A portrait in economic decline that can be reversed

Flashback to September 28, 2015 and the great myth according to Bradley Roberts, chairman of the governing PLP, was The Bahamas was in “full economic recovery mode”. Since then Mr. Roberts only issues ad hominem attacks when the track record of his government’s economic performance is analysed. Visit Trading Economics... Read more →

Too Many Questions And Not Enough Answers Over Baha Mar

by Adrian Gibson THE Chinese Government, the China Export-Import Bank (CEXIM) and their co-conspirators, the Bahamian Government, all appear to have “gooseyed” Baha Mar developer Sarkis Izmirlian, ripping his brainchild from his hands and ignoring him like the rude child in the room. Mr Izmirlian was walked down the investment... Read more →

BPL and BEC: Siamese Twins of Electric Power

by Richard Coulson Hurricane Matthew played no favorites, and neither has Bahamas Power & Light (BPL). From the flats of South Beach, yea unto the peak of Mount Fitzwilliam, darkness has reigned; no Almighty said “let there be light.” On Friday October 21st, Government House ballroom was unlit. The handsome... Read more →

Doing Business Index Confirms The Burden of VAT

The Bahamas has dropped from a rank of 22 to 95 in the Doing Business index, primarily as a result of introducing Value Added Tax, but other tax increases like Business License are also taking a toll. See the data on Paying Taxes here... The report estimates that 233 hours... Read more →

The Bahamas. A country overwhelmed

A friend said yesterday that The Bahamas is a country that is “overwhelmed”. I suggested stronger language and he quickly pointed out we are not there yet. He’s right. There may be a chance to start to right the ship of state and a good place to start would be... Read more →

Hovercraft to the rescue?

Dear Editor: I do believe I saw something on this almost exactly one year ago following that “other” dangerous storm Joachim’s journey through the southern Bahamas. I hope we don’t have to wait for a “third time lucky” syndrome for some serious consideration be given to examining the virtues of... Read more →

Video: Isaac Morehouse on What Is Entrepreneurship?

The Foundation for Economic Education (fee.org), and an all-star faculty held a one-day event in the Performing Arts Centre at the College of the Bahamas in Nassau on Friday, September 16, 2016, 9:30am to 3:00pm, discussing "The Power of Entrepreneurship." Entrepreneurship demonstrates a unique insight into new and better ways... Read more →

When it comes to climate change, let’s get our priorities straight

by Bjorn Lomborg "The next administration must recognize not only that climate change is a real problem but also that we are not on course to solve it. The next president needs the courage to discard our current feel-good but ineffective solutions. Ending our reliance on the fossil fuels that... Read more →

Allergic to “Capitalism”? Call It “Trade-Tested Permissionless Innovation”

by Steven Horwitz _______________________________________________________________________ Reposted with the kind permission of the Foundation for Economic Education (FEE.org). _______________________________________________________________________ A recent survey of millennials reveals some results that should be of interest to those of us who care about free enterprise and the market economy. Slightly more 18-29 year olds (58% vs.... Read more →

Let Me Suggest How You Pay For Hurricane Recovery, Mr Christie

by Adrian Gibson “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Former British Prime Minister Winston Churchill The goalpost shifting, public relations gaffes, wobbling ways and revisionist spin... Read more →