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Category Archives: Economy
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 … Continue reading
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 … Continue reading
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 … Continue reading
Criticism
Fundamentally there are two forms of criticism – destructive and constructive. The destructive type is not all helpful and only appeases the sender of the message. The latter type should be welcomed and be favourably considered, Currently The Bahamas is … Continue reading
Posted in Blogs by Guests, Crime, Current Affairs, Economy, International, Politics/Government, Society, Weblogs
1 Comment
OIL – TO DRILL or NOT TO DRILL
There has been much written about this topic both by those in favour and those vehemently against. While the viewpoints are usually well substantiated, I have not seen what I consider a business assessment of the pro’s and con’s. In … Continue reading
Violent rhetoric and disregard for political norms. The beginning of the end?
What caused the fall of Rome? A friend sent this link… to a Smithsonian article by Jason Daly entitled: Lessons in the Decline of Democracy From the Ruined Roman Republic. Daly informs us that Rome fell, in a nutshell, because … Continue reading
Them and Us
Does the colour of their flag matter?
Reforms for good governance
by Rick Lowe First posted at The Nassau Institute, here… April 2004 was the first time The Bahamas heard about structural reforms in New Zealand in a meaningful way when Mr. Maurice McTigue presented a speech entitled Lessons in Free … Continue reading
Abandon the Principle of Violence. Don’t Rearrange It
In Students of Liberty, Leonard Read drew out the superiority of a society whose organizing principle is virtue voluntarily acted out in practical terms with those we interact with over one organized around coercion backed by the threat of violence. … Continue reading
US Elections. A choice between Collective Socialism and Free Market Capitalism?
by Tradewinds "The coming election in the United States is really all about the future political direction the country will become.. It is a choice between Collective Socialism and Free Market Capitalism.. It will determine the leadership and future direction … Continue reading
