WeblogBahamas.com

A Freudian Slip by the Prime Minister?

Editor, With reference to the photograph on the front page of today’s edition of The Nassau Guardian (Tuesday, February 28, 2017). With elections close upon us I note that the Prime Minister, in search of new and innovative motivational tools, has expanded his Trumpian repertoire to include not only alternative... Read more →

Spreading the Work to Create More Jobs

This article was originally published on FEE.org. Read the original article. Last month I emphasized that job creation is not a sensible objective for economic policy. The purpose of economic activity is not to do work for its own sake. What’s the point of creating jobs to produce goods or... Read more →

CATO Handbook For Policymakers 2017

A useful manual for MP's, Permanent Secretary's and Civil Society While the recommendations are for the US Government policymakers there are numerous ideas here that are useful for Bahamian policymakers and civil society. Oh the usual retort that the Westminster System is different than the US Federal System of government... Read more →

Creating Jobs vs. Creating Wealth

This article was originally published on FEE.org. Read the original article. Support Fee here... by Professor Dwight R. Lee Government policies are commonly evaluated in terms of how many jobs they create. Restricting imports is seen as a way to protect and create domestic jobs. Tax preferences and loopholes are... Read more →

The Utter Irrelevance of the "Balance of Trade"

In Chapter 6 of Frédéric Bastiat‘s indispensable collection entitled Economic Sophisms Bastiat (original emphasis): The truth is that we should reverse the principle of the balance of trade and calculate the national profit from foreign trade in terms of the excess of imports over exports. This excess, minus expenses, constitutes... Read more →

What sort of Bahamian Benefactor is Peter Nygard

by Richard Coulson A prominent column in the February 13th Freeport News reminded me of the amazing qualities of Peter Nygard — enough to get him sanctified as our patron saint. “Peter Nygard and his family have been a blessing to The Bahamas.” Writes columnist Nathaniel Lewis. “I KNOW with... Read more →

Why Voters Make Bad Decisions

This article was originally published on FEE.org. Read the original article. Over the past few months, many people have tried to come up with an explanation for the rise of populism and nationalism – the way the rhetoric of Trump and Sanders, Le Pen and Wilders, seems to resonate throughout... Read more →

Dr. Richard Ebeling on “Globalization and the Free Society” at University of The Bahamas, Wednesday, February 22, 2017

If you were not able to sign up for this presentation, join The Nassau Institute in collaboration with the Banking, Economics & Finance Department and The Economics Society of the University of The Bahamas, Wednesday, February 22, 2016 for a lecture by Richard Ebeling, BB & T Professor of Ethics... Read more →

KILL The Interception of Communications Bill (ICB), 2017 (Known locally as The Spy Bill)

"Across the Bahamas, civil society organizations, legal experts and prominent individuals warn that in its current form, the Bahamas proposed Interception of Communications Bill, 2017 may violate every citizen's constitutionally protected right to privacy and strike a mortal blow to civil liberties in general. "While accepting that effective law enforcement... Read more →

Fiscal gyrations and attempted justifications?

Financial Secretary Simon Wilson, while speaking at Bahamas Chamber of Commerce State of the Economy 2017 event last week finally publicly acknowledged they are implementing the Coalition for Responsible Taxation recommendation that they needed to get the tax dodgers before hitting the taxpayers and business community with new taxes. Regretfully... Read more →