WeblogBahamas.com

Savings with the new lower VAT

Dear Mr. Editor, I’m not too sure, but it appears to this simple soul that the Prime Minister, the Minister of Economic Affairs and other government officials are of the opinion that we, the general public, are as thick as two short planks. They appear surprised that there has been... Read more →

One Beautiful Little Country facing 12 Ugly Giant Evils – The Bahamas

On the surface, The Bahamas is a young, progressive and wealthy country, as it approaches its 50th Independence Anniversary from Great Britain. As an early beneficiary of mass tourism, its economy grew steadily from the 1950’s. However, over the past five decades, the rise of regional competition, the pace of... Read more →

What Goes Wrong When the Government Mandates Prices

Featured Scholars: Russ Roberts, Richard Epstein, Milton Friedman, Thomas Sowell, Lee Ohanian, John Cochrane, Daniel Heil "Prices are a fact of life, and so is complaining about them. You probably prefer lower prices on just about everything, but especially when buying a house or paying for college, and you wish... Read more →

The Unsavory Union of Corruption and Hypocrisy - Meet the new Poster Boy

"Woe to you, teachers of the law and Pharisees, you hypocrites! You are like whitewashed tombs, which look beautiful on the outside but on the inside are full of dead men's bones and everything unclean”. Matthews 23, v.27 A union of corruption and hypocrisy came to light in August 2021... Read more →

Government and the Cost of Living

by Ryan Bourne Read the original post at CATO.org here,,, "This paper sets out nine policy areas across all levels of government that, combined, directly raise spending for typical households in the bottom 20 percent of the income distribution by anywhere from $830 to $3,500 per year. This list is... Read more →

Joe and Janet, Robber Barons

Yes, unbelievable as it may be to small children, governments and double standards go together like peanut butter and jelly. by Lawrence W. Reed This article was originally published on FEE.org. Read the original article. Imagine if oil companies got together and agreed to charge consumers no less than $3.50... Read more →

Is California Over?

California’s population is declining for the first time in recorded history. As the Golden State loses a congressional seat, Texas is picking up two. Texas may not have the beaches, the forests, the celebrities, or the glamour. It'll just have the jobs, the companies, the forward momentum, and the people.... Read more →

New Zealand's Path to Prosperity Began With Rejecting Democratic Socialism

New Zealand’s experience is one of numerous examples in which socialism caused ruin that capitalism then fixed. by Lawrence W. Reed (Editor's note: A shorter version of this article was recently published in both English and Spanish at ELAMERICAN.COM). This article was originally published on FEE.org. Read the original article.... Read more →

Bahamas Debt to GDP "...too narrow a measurement"?

Former Governor of the Central Bank of The Bahamas in discussing the IMF's recent recommendations for austerity by the Government said "that “it’s too narrow a measurement” to focus on debt-to-GDP ratios, which only assess a country’s debt as a percentage of its economic output, Mr Smith added that last... Read more →

The Bahamas and The Boiling Frog Dilemma

CESRA turns up the heat. The boiling frog dilemma anecdote describing a frog slowly being boiled alive is an apt description of what is happening here in The Bahamas over the past couple decades. The political class keeps ratcheting up regulations and taxes without much fuss from the frogs (business... Read more →