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The Budget and VAT

A picture paints a thousand words... Read more →

ideacity: Non-Human Skulls in Peru By Brien Foerster

From ideacity 2014. Truly fascinating. "Archeologist Brien Forester teaches the audience about cranial deformation around the globe and how he is working in what he calls forbidden archeology." Read more →

VAT: An insdious tax

With the business community and taxpayer still trying to adjust to VAT at 7.5% will the government increase it tomorrow? The government's new budget set to be announced tomorrow and speculation is rife that the pernicious Value Added Tax (VAT) will be increased. When introduced VAT was touted as the... Read more →

How the West got rich by following ‘the four Rs’

By Art Carden and Deirdre McCloskey "For as long as there have been people there have been innovators, and for as long as there have been innovators there have been those who have sought to stop them. Until recently, the forces of resistance have won. "Beginning largely in the eighteenth... Read more →

NIB Sustainability In Doubt

The Inter-American Development Bank (IDB) is the latest organisation to call into question the viability of The Bahamas National Insurance Pension Scheme and is suggesting that the tax rates need to increase from the combined employee/employer rate of 9.8 percent to 20.3 percent to sustain it. Read more in Tribune... Read more →

Business Bites: Say “Yes” To Bahamas Oil Drilling

by Richard Coulson First Published in The Tribune May 23, 2018 No sooner had Simon Potter, CEO of Nassau-based Bahamas Petroleum Company (BPC), announced that an international oil company had signed a 90-day renewable option to become a farm-out partner with BPC, than our environmental activists predictably denounced the deal—indeed,... Read more →

The Spy Bill

Dear Mr. Editor, Enough now with this stupidity over the “Spy” Bill. I do hope at least some of our parliamentarians are a bit more truthful than they appear on camera. There is no such thing as a “private” telephone call and there hasn’t been for decades, someone, somewhere is,... Read more →

Confusion Still Reigns Over Flats Fishing Legislation

After the Government finally made the decision that the Flat Fishing Regulations will stand it needs to urgently ensure that the law is transparent and functions as designed. Once one gets past the misplaced anger and xenophobic rhetoric by the leadership of the Bahamas Fly Fishing Industry Association (BFFIA) it... Read more →

The Politics Of Inevitability And The Politics Of Eternity

by Dr. Donald M. McCartney DM Many, of us in The Bahamas, have allowed ourselves to accept the politics of inevitability. The politics of inevitability subscribes to the notion that history moves in only one direction, that is, toward democracy. The politics of inevitability, at first glance, seem, in and... Read more →

Milton Friedman: Works worth reading

There are few people I can think of that writers on the left seem to take a delight in reframing what he says to twist the meaning as much as they possibly can. However, there are few thinkers that express views on politics and economists as clearly and succinctly as... Read more →