WeblogBahamas.com

A tall order for Bahamian politics

More thoughts from Tradewinds All the talk and chatter about new faces emerging on the political scene and progressive reforms to transform the PLP and FNM the Bahamian people have heard many times before.. Yet, when all is said and done, no matter which political party wins the spoils of... Read more →

Stagflation and VAT.. PART 2 .. What we can learn form the Japanese experience..

More thoughts from Tradewinds.. The VAT time bomb is ticking down and the Bahamian people had better wake up before it's too late.. We have listened to the New Zealand experts without taking any measure of what has happened to the New Zealand economy.. Now we had better pay closer... Read more →

Character, Judgement & Truth

Some thoughts from Tradewinds on Plagiarism Where are the basic values of honor and integrity gone in our contemporary Bahamas?? When we were young, we were taught in our homes, churches and schools the values of truth and honesty as guiding tenets in our lives.. If we wanted some fruit... Read more →

The Very Awful Truth about a Very Awful Tax (VAT)

More Thoughts from Tradewinds.. The introduction of VAT will force thousands of Bahamians that truly believe they at last have finally "made it" to fall from the ranks of the lower middle classes back into the depths of economic poverty.. VAT's forced "excessive burden" and its dreaded "deadweight loss" on... Read more →

Political Thought and Theory: CAPITALISM, Like it or not, It just Works to Benefit the Greater Whole..

Some thoughts from Tradewinds Capitalism, through free markets and private property rights, creates wealth and savings which limits the growth and expansion of poverty.. Savings create increased investment through wealth creation, the ultimate driving forces of economic growth, increasing employment, expanding productivity and reducing poverty.. No other economic system or... Read more →

Economics in a nutshell

Thoughts from Tradewinds A Different Perspective on The Labour Theory of Value Government can create and fill as many job slots in the public sector as it chooses - 5,000,10,000,15,000 or more so called jobs.. It is as simple as putting pegs into holes.. But one must now question are... Read more →

Stagflation and VAT

Some thoughts from Tradewinds Often in commentary about the pending impact of Value Added Tax (VAT) on the Bahamian economy, the term "Stagflation" is used to describe the resulting consequences from such a policy.. It sounds like a rather frightening term and that very well is true as VAT will... Read more →

The WTO, Free Trade & Comparative Advantage

by Tradewinds It is often difficult to understand the foolish pronouncements and cockamamie statements made by high level representatives of the WTO when they visit The Bahamas.. At times one wonders what they ever learned about about the Theory of Comparative Advantage and international trade.. All their chatter is designed... Read more →

Political Thought and Theory: Does the Bahamas have a National Interest??

Some thoughts from Tradewinds The concept of National Interest often arises in political commentary on weblogbahamas in reaffirming the important of the underlying principle of National Interest in the determination of government policy and political decision making.. Simple as it seems to be, the concept of National Interest has many... Read more →

Economics in a Nutshell. The Theory of Excess Burden Part II

Some thoughts from Tradewinds. In Part I it was stated that the Theory of Excess Burden evokes difference of opinion in analysis and conclusions. One of the underlying assumptions in the theory is that the market is usually perfect even when reflecting monopolistic tendencies. It was evident that when taxes... Read more →