News Articles
2012 Archives


Sort Date Author Title

Feature Article: Labour crisis is a failure of the state, not the market

27 December 2012
MARIKANA was inevitable, predictable and a consequence of the persistent failure to enforce the rule of law. It has become the iconic manifestation of our labour crisis, which is characterised by reluctance to enforce the law, wildcat strikes, property damage, violence and killing. To add to this dangerous cauldron, most…

Feature article: Labour crisis is a failure of the state, not the market

27 December 2012
MARIKANA was inevitable, predictable and a consequence of the persistent failure to enforce the rule of law.…

The mystery ingredient in the formation of capitalism

26 Dec 12   FMF Policy Bulletin
The mystery ingredient in the formation of capitalism When you picture a monastery, the last thing that comes to mind is commerce.  However, it’s in this most unlikely of settings where modern capitalism was birthed, incubated and developed to today’s worldwide acknowledgement and acceptance. Belgian scholar Henri Pirenne noted “… that all…

Feature Article: Three ways to stop inflation dead

20 Dec 12   Eustace Davie
The executives of the South African Reserve Bank are freezing their salaries for the whole of 2013. At last, a few key people are openly admitting that South Africa’s economy is in a bad way and are prepared to do something ‘drastic’ to aid its repair. The full announcement posted on…

Basel’s capital curse

19 Dec 12   Steve H Hanke
In the aftermath of the financial crisis, the oracles of money and banking have been beating the drums for “recapitalization” – telling us that, to avoid future crises, banks must be made stronger. To accomplish this, governments across the developed world are compelling banks to raise fresh capital and strengthen…

SA cannot afford "free" healthcare

19 Dec 12   Jasson Urbach
As the ongoing debacle in the Gauteng Department of Health’s financial department continues, we are repeatedly told that the proposed National Health Insurance (NHI) will fix South Africa’s healthcare crisis. But if the mismanagement of funds in the country’s financial hub is anything to go by, what reason is there…

The broken South African family, a threat to the economy

19 Dec 12   Katlego Moatshe
The South African economy is under assault from all sides. The attack comes in a wide variety of shapes and forms, from stubbornly high unemployment to sluggish jobless growth, to strikes and general labour unrest. There is, however, a more insidious threat that we as a nation have been slow…

ChannelFMF Video: A Christmas wish for South Africa

19 Dec 12   Temba A Nolutshungu
A Christmas wish for South Africa in this video by Temba Nolutshungu…