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Minimum wage a danger

 02 Jun 17
John Spiropoulos (The minimum wage and the moral economy) expresses concerns about the plight of the poor and high levels of dependency, which I share.…

How to ensure more South Africans celebrate Workers’ Day as workers

 16 May 17
During apartheid, labour was heavily regulated, with workers and employers having to defer to the whim of government in how they conducted their relationships.…

The National Minimum Wage will deepen South Africa’s unemployment crisis

19 Apr 17   David Ansara
The proposed National Minimum Wage (NMW), due to come into force on 1 May 2018, is a quick fix to a systemic problem that will artificially increase salaries for those who already have a job, rather than create more jobs.…

Anguish over low wages but no pity for the 9 million who earn zero

08 Mar 17   Eustace Davie
The proponents of the compulsory National Minimum Wage (NMW) admit that some people at the lowest level of the income scale will lose their jobs.…

Business Day column: A hugely important victory for South African labour

06 Dec 16   Leon Louw
IT MIGHT have been the most expensive day in South African high court history.…

Want to increase unemployment? Here’s how

24 Nov 16   Gail Day
I have a confession to make. I am not an economist and I have not read any of the studies that either promote or oppose a national minimum wage.…

Media release: How best to increase unemployment? Introduce a National Minimum Wage

21 Nov 16   FMF Media Release
The expert advisory committee has proposed a national minimum wage of R3,500 to combat South Africa’s high levels of poverty and inequality.…

Media release: NMW will be economically insane and morally reprehensible and based on three widely contradictory studies

07 Oct 16  
Using his phrase TANSTAAFL, ‘there ain’t no such thing as a free lunch’, Louw said that the fundamental economic principle against a minimum wage is that higher prices reduce demand. The price of labour – a wage – is no exception.…

Business Day column: Minimum wage is an idea of megalomaniacal and uninformed politicians

28 Sep 16   Leon Louw
BE AFRAID, be very afraid. SA has tumbled down the Economic Freedom of the World (EFW) index to its lowest level to date. During apartheid, black people were denied economic freedom. Now, everyone is.…

German evidence shows SA is making a mistake on minimum wage

07 Sep 16   Jasson Urbach
THE proposed national minimum wage appears to be a fait accompli, with the actual amount being the only cause of disagreement between the parties at the National Economic Development and Labour Council (Nedlac).…

Unemployment is a national emergency – Just Let Them Work!

27 Jul 16  
Exempt unemployed people from restrictive labour laws and allow them to enter into employment contracts with anyone they choose, on any conditions they choose, and at any wage they find acceptable.…

Business Day column: State must face reality of job losses in mining

20 Jul 16   Leon Louw
UNEMPLOYMENT is desirable. That is what I told the Minerals Petroleum Board when I gave evidence on "the surge in job losses in the mining industry".…

Business Day column: Why do we allow power freaks to exploit us?

13 Jul 16   Leon Louw
THE evidence that almost everything for almost everyone almost everywhere is better when governments are smaller and individuals freer is so overwhelming that there is no room for informed doubt.…

Business Day column: Why do we allow power freaks to exploit us?

13 Jul 16   Leon Louw
THE evidence that almost everything for almost everyone almost everywhere is better when governments are smaller and individuals freer is so overwhelming that there is no room for informed doubt.…

Media release: Make investment in mining more attractive to avoid job losses – not beneficiation

12 Jul 16   FMF Media Release
“There are two reasons for job losses in any sector: firstly, a decline in the sector and secondly, rising productivity,” said Free Market Foundation (FMF) executive director Leon Louw at a hearing convened on 08 July in Pretoria by the Minerals Boar…