WeblogBahamas.com

Pensioners Being Banished

Dear Mr.Editor, I have delayed any comments hoping for some sanity to prevail, unfortunately it would appear sense is a commodity sorely lacking in our governing circles presently. Dr. Minnis, why do you consider we pensioners, “precious pearls” I believe the term was - one of which you are yourself!... Read more →

Hayek’s "The Road to Serfdom" - Lawrence H. White

Ludwig von Mises (1881–1973) and Friedrich A. Hayek (1899–1992) were leading founders of the Austrian School of economics, and are counted among the twentieth century’s foremost champions of free markets and critics of socialism. This second CCA of the 2016-2017 academic year will consider the history and principles of the... Read more →

Marginal Revolution University (MRU) | Introduction to Economics

Economics is much more than just numbers and graphs. In fact, we can use economics to explain much of what we encounter in our daily lives. For instance, why is customer service at your local restaurant usually better than that of the cable company? To find the answer we can... Read more →

The Prehistory of Public Choice

Public choice looks at political activity from an economic point of view. This month we look at literature to explore how such thinking began. It’s often been asserted that the economic way of thinking is a very recent creation - the product, perhaps, of influential thinkers like Adam Smith and... Read more →

The Anti-Capitalists Are (Still) Wrong about History—and Much More

The notion of late capitalism has been around since Karl Marx began his assault on free enterprise in the 19th century, although the term was officially coined by German economist Werner Sombart in his 1902 book "Der Moderne Kapitalismus." by Doug McCullough and Brooke Medina Read the original article at... Read more →

Passports Were a “Temporary” War Measure

We recently had our passports renewed and the over all process was extremely efficient. There was one problem. There was some wear on one my photos so I was told I had damaged Government property and had to file a Police Report before a new passport would be issued. What!... Read more →

No, Fidel Castro Didn't Improve Health Care or Education in Cuba

Cuba has made less educational and health care progress than most Latin American countries over the last 60 years, data show. by Hans Bader Originally posted at FEE.org. Read it here... On CBS’s 60 Minutes, Senator Bernie Sanders recently praised the achievements of communist Cuba. An interviewer asked him about... Read more →

Is Capitalism Sustainable? with Professor Michael Munger

Professor Michael Munger draws from the public choice discipline to evaluate capitalism, socialism, and democracy, and attempts to answer the question: is capitalism sustainable? This lecture took place on February 5, 2020 at the University of Colorado, Colorado Springs, and was hosted by the UCCS Center for the Study of... Read more →

Bryan Caplan On Open Borders

George Mason economist and recreational controversialist Bryan Caplan has teamed up with artist Zach Weinersmith of Saturday Morning Breakfast Cereal fame for one of the most ambitious crossovers in nerd history. The result of their partnership is a surprisingly readable visual case for open borders, in which a cartoon Caplan... Read more →

Minimum Wage Folly

Mr. Editor, I refer to recent talk of increasing the minimum wage. The idea of a mandated minimum wage is for the lowest paid members of society to, at least, ensure that they can keep up with the ever-increasing costs of living. It is not intended to lift a small... Read more →