Category Archives: Society

Crisis and Leviathan

Posted on March 16, 2020 by weblogbahamas

In Crisis and Leviathan, economist and historian Robert Higgs shows how Big Government emerged from responses to national emergencies that occurred as attitudes about the role of government were changing dramatically. In particular, governmental responses to the Great Depression, two … Continue reading →

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Marginal Revolution University (MRU) | Introduction to Economics

Posted on March 7, 2020 by weblogbahamas

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 … Continue reading →

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The Prehistory of Public Choice

Posted on March 3, 2020 by weblogbahamas

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 – … Continue reading →

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

Posted on March 2, 2020 by weblogbahamas

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 … Continue reading →

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Passports Were a “Temporary” War Measure

Posted on February 26, 2020 by weblogbahamas

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 … Continue reading →

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

Posted on February 25, 2020 by weblogbahamas

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 … Continue reading →

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Is Capitalism Sustainable? with Professor Michael Munger

Posted on February 22, 2020 by weblogbahamas

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 … Continue reading →

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Bryan Caplan On Open Borders

Posted on February 17, 2020 by weblogbahamas

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 … Continue reading →

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In memoriam: Mr. Vincent M. Higgs 1936 – 2020

Posted on February 16, 2020 by weblogbahamas

Uncle Vincent was laid to rest yesterday at Trinity Methodist Church and I was honoured to deliver The Eulogy. He was a fabulous gentleman and I trust my tribute below provides a glimpse of the impact he had on my … Continue reading →

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Minimum Wage Folly

Posted on February 3, 2020 by weblogbahamas

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 … Continue reading →

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