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Post Archive by Month

Below you'll find a list of all posts from October, 2018

Lecture by Art Carden: Leave Me Alone and I’ll Make You Rich: How the Bourgeois Deal Made the Modern World.

Date: Thursday, November 15, 2018 Location: The University of The Bahamas. Sir Franklyn Wilson Centre at 6:30pm. The Nassau Institute …

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The Bad Economics of Short-Run Policies

Summary Getting the economics right is crucial to not have bad politics lead to bad economic policies, or bad economic …

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“Victims” of capitalism?

by Dr. Jaana Woiceshyn When the Canadian government recently announced its plan to build a monument to victims of communism, …

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Bahamians become foreign investors while BISX slumbers

By Richard Coulson        [Published in The Tribune September 27, 2018] Suddenly, Bahamians are becoming more aware of the vast universe …

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Recent Posts

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  • Upcoming Lecture: Dr. John Rodgers – The End of Exchange Controls. January 22, 2020

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  • Upcoming Lecture: 5th Annual Joan Thompson Memorial Lecture with Per Bylund on The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives
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Thought to Ponder

So, I would argue that the services have been I think disappointing is putting it mildly. They've been disastrous. They've been appallingly bad. Much worse than would have existed, even if no welfare state had been created. In fact I would argue especially if no welfare state had been created, because the systems that existed before were very substantial and growing and improving dramatically. But they weren't perfect, and that is in a way is the great trouble with the development of welfare states. You have a system that's not perfect but actually doing quite a lot of good stuff and then someone comes along and says, "ah, we can make this perfection. And so we can make this much better. We will have free for everybody, high class whatever it is." And the result is you have lower standards and it doesn't work out at all. And that's, the desire for perfection can be very dangerous.James Bartholomew
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