Articles
Why economics only works in theory
When someone says, “economics only works in theory,” I don’t just nod along anymore.
4 September 2026
When someone says, “economics only works in theory,” I don’t just nod along anymore.
The FMF is calling for a freeze on the national minimum wage, warning that further increases could worsen unemployment.
The FMF recommends that no upwards adjustment be made and that solving unemployment take centre stage.
One of the ways this was manifested, was the penalties that the Bill proposes.