Archives for Economics - Page 2
South Africa comes 2nd in Misery Index
Soweto Township (Source: Wikipedia) South Africa has been projected to be the 2nd most miserable economy in the world in the most recent index, according to Bloomberg. The Misery Index…
Commentary on Land Reform, and the Ensuing Constitutional Crisis
President Zuma recently sent a bill back to parliament which sanctioned the state with the power to expropriate land without the consent of the land’s owner, following compensation in the…
‘Statistically Insignificant’ – The Immoral Minimum Wage Intelligentsia
Prior to the implementation of South Africa’s new national minimum wage, a great deal of investigation and research was done to try and determine what effects the minimum wage might…
The Real Voice Of The People
In its fundamental form populism is the ideology which believes society is made up of two distinct groups, namely the disgruntled-yet-untainted people, and the corrupted elite. These groups are said…
Budget Speech 2017: key points
Yesterday (22 February 2017), Finance Minister Pravin Gordhan delivered the budget speech for the 2017/2018 year. In setting the context of the speech, Minister Gordhan focused on increasing global economic…
So the banks colluded… where were the regulators?
(Image from Pixabay) By now most people would have heard about the Competition Commission’s referral to the Competition Tribunal regarding the alleged currency manipulation by 17 banks. In particular, the…
B-BBEE Un-Sugarcoated
The B-BBEE (Broad-Based Black Economic Empowerment), or BEE (as referred to by most), was introduced by the South African government as a form of social justice in an attempt to grant…
UCT Intellectuals: Let’s Try Central Planning – Again!
In an article first published on GroundUp, Bruce Baigrie and Henrik Ernstson write that new private residential developments outside of urban centers should either voluntarily adhere to their quasi-utilitarian city planning preferences, or…
On handicapping the economy
Rebellion against your handicaps gets you nowhere. Self-pity gets you nowhere. One must have the adventurous daring to accept oneself as a bundle of possibilities and undertake the most interesting…
How Oil Saved SA from a Downgrade
After the Nene-gate scandal in December 2015, there were few people who argued against a rating downgrade in 2016. It seemed imminent and unavoidable: the rand was pushing R17 to…