On Monday, 2 May, the people of SA start to work for themselves. Until then they will have been working to pay for government.
Tax Freedom Day (TFD) is a measure of how much of the gross domestic product (GDP) a government takes. It is the day
The creation of the U.S. Trade Deficit Review Commission in 1999 reflected concern over the fact that for much of the post-war period the United States experienced a “merchandise trade deficit” (a.k.a. “balance of payments deficit” or “current account deficit”) in international trade: The dollar value of goods and services
Nobel Prize winning economist Gary Becker offers his views on what can and shouldnt be done to address rising food prices in developing countries. As the world economy recovers from the Great Recession, food prices have increased to levels higher than prior to the financial crisis. Governments in poor developing
Green is the new black, in both the United States as well as Europe. Virtually everyone on the left has thrown on the green pants, green shirts and green cloak of what, they assure us, is the future of life on Earth as we know it, says Kenneth P. Green,
Andrew Kenny writes in the Business Day (Employment, Apr. 19, 2011), Between our catastrophic levels of unemployment and the prospect of an economy with full employment stands the impenetrable barrier of our labour laws. These wicked laws are not only throwing millions of our people into the dustbin of joblessness,
There is an ongoing debate in economic circles about free trade vs. protectionism. I offer an extreme example. If we were to block ourselves off from the outside world entirely, life in South Africa would surely be miserable. At the micro level think of your own household. If you were
