February 23, 2017
THE more things change, the more they stay the same. This applies not only to the latest South African Budget, but to almost all such economic policy statements as finance ministers continually repeat variations on the same failed remedies, apparently in the hope of different outcomes.
May 31, 2015
The parochial mindset of nationally-based companies and trade unions reveals asn ignorance of economic history, including the fact that shareholder companies — a cornerstone of our system — were banned in Britain for 105 years because of their inherent tendency to be corrupt.
August 31, 2014
The opening salvoes have again been fired in another round in South Africa's war about a national minimum wage. Yet without more work with decent pay and a radical change in overall policy direction, the country's social fabric will continue to fray and tear
July 13, 2014
Even the outrageous proposal by satirist Jonathan Swift that the problem of poverty could be dealt with by eating the children of the poor has failed, after 300 years, to bury to mistaken notion that procreation and "over population" is the cause of poverty.