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

08 Mar 17
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.…


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.…

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…

The spectre of a national minimum wage

05 Jun 16   Temba A Nolutshungu
The jury has delivered its verdict. Organised labour, the Deputy President, the Minister of Labour and a host of other narrow vested interests have all been found guilty, on the basis of empirical evidence, of conspiring to exacerbate South Africa’s…

Business Day column: Superficial loss and substantial win on LRA

18 May 16   Leon Louw
FOR more South Africans than ever before, every day is a public holiday.…

Free Market Foundation and trade unions in unexpected agreement

11 May 16   Martin van Staden
The Free Market Foundation (FMF) and the trade unions apparently agree with one another:…

Labour law challenge court case judgement

05 May 16   FMF
Labour law challenge court case judgement…

Labour brokers provide deserved breaks

30 Mar 16   Jasson Urbach
ONE of the spin-offs from the recent #FeesMustFall campaign was the #EndOutsourcing campaign, which is premised on the dubious idea that outsourcing condemns workers to "slave wages" and in effect amounts to "human trafficking".…