Day: November 18, 2009

Archive

Africa needs healthy trade

Good news abounds for some people in some malarial countries. Delegates to the recent WHO Southern African Malaria Control (SAMC) meeting in Lusaka Zambia heard how indoor residual spraying with DDT and other insecticides is dramatically reducing malaria cases in Zambia, South Africa, Swaziland, Mozambique and several other southern African

Read More »
Archive

Let government go shopping for criminals

Crime will continue to increase in SA until crime does not pay. Government has to take steps to make crime less profitable than other ways of earning a living. Economic incentives and disincentives must be brought to bear on the problem.

The government spends a steady proportion of total taxes on

Read More »
Archive

South Africans must not become a nation of rent seekers

Public choice is a scientific analysis of government behaviour and, in particular, the behaviour of individuals with respect to government, wrote economist Gordon Tullock, one of the founders, with James Buchanan, of public choice. It is an approach to economics and politics built on Adam Smith’s observation that individuals are

Read More »
Archive

“Free Market Fundamentalists” – who are they?

Churchill said that people occasionally stumble upon truth, but pick themselves up and press on. Josh Billings said the trouble with people isn’t their ignorance, it’s the number of things they know that just ain’t so. Ayn Rand stumbled upon something everyone knows that just ain’t so, but picked herself

Read More »
Archive

Abandon apartheid’s counter-productive forex controls

Modern foreign exchange (forex) controls were introduced in Nazi Germany just before the Second World War in a vain attempt to stop fleeing Jews from taking their assets with them. Hitler’s gold and foreign currency reserves then dwindled faster than ever and his decision to go to war was in

Read More »