Day: March 18, 2010

Archive

Health reformers worst idea

One of the worst ideas President Obama and Democrats have come up with is federal price controls on health insurance, says Michael F. Cannon, director of health policy studies at the Cato Institute.

Both the House and Senate health care legislation would prohibit insurers from discriminating against people with pre-existing medical

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What developing countries need most

A characteristic shared by all countries, whether “developing” or “developed,” is that their economies grow faster the freer they are from government regulation. A “developing” country is generally characterized by a greater level of poverty. This makes the need for economic growth seem much more urgent. Given that, it would

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Crime ‘still driving business emigration’

Business Day’s Sanchia Temkin says that according to a study released by accounting firm Grant Thornton, “The number of businesses affected by crime fell last year, but the high crime rate remained the main reason business people wanted to emigrate.”

According to Leonard Brehm, national chairman of Grant Thornton, crime is

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Economic freedom, democracy and the quality of life

A capitalistic, or economically free, society is one in which institutions are characterized by personal choice, voluntary exchange, freedom to compete, and protection of person and property. It requires public policies that promote open markets, limited government, stable monetary growth, free trade and a strong rule of law, says

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Patel eyes pensions trillions for state fund

Linda Ensor reports in Business Day that “Economic Development Minister Ebrahim Patel is to explore ways of investing some of the R1,5-trillion of public and private retirement funds in development projects”.

This is not a very good idea because it involves private money. If a gang of thieves enters your house

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