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The free market is the only way to rapidly reduce SA’s mass unemployment

31 December 2014
In a free market there would not be legislation, such as the legislation being challenged by the FMF and NEASA, which prevents job seekers from entering into agreements with employers on mutually agreeable terms. The simple free market way to get SA’s 8.4 million unemployed people working is to allow…

The inhumanity of powers granted to Bargaining Councils by unjust laws

31 December 2014
The loss of jobs and hardships imposed on small businesses by the extension of Bargaining Council Agreements to micro and small businesses is inhumane. It is these businesses that have the potential to provide jobs to the majority of the 8.4 million currently unemployed people. Instead of having their jobs protected…

2014.12.17 FMF Media Release: FMF launches PAIA request to expose government funding of anti-nicotine research

17 Dec 14   FMF Media Release
The Free Market Foundation has launched a request under the Promotion of Access to Information Act (PAIA) to expose government funding of anti-nicotine research and advocacy, and also, to determine whether the Minister and the department of health fund non-academic activities, such as the Council Against Smoking. Further requests will…

Seasonal gifts for South Africa’s socialists

17 Dec 14   Leon Louw
HAVE you hugged a socialist lately? ’Tis the season for giving, so this, my last column for this year, gives generously to intellectually needy socialists. Socialists, that is anti-market fundamentalists and interventionists of all ilks, had a ghastly year, starting with rising "inequality" and culminating with a demographically unrepresentative South…

2014.12.17 FMF Media Release: FMF launches PAIA request to expose government funding of anti-nicotine research

16 Dec 14   FMF Media Release
The Free Market Foundation has launched a request under the Promotion of Access to Information Act (PAIA) to expose government funding of anti-nicotine research and advocacy, and also, to determine whether the Minister and the department of health fund non-academic activities, such as the Council Against Smoking. Further requests will…

Inspire the Nation: Create a platform for growth, peace, and prosperity by applying the rule of law

12 Dec 14   Herman Mashaba
It is unfortunate that South African business owners and managers wake up every day wondering what new regulations will descend on them. Business owners and managers live in perpetual uncertainty, which hampers their forward planning. In addition, more and more of their time is taken up in complying with regulations,…

Electricity Blackouts – time to apply business solutions to the problem

12 Dec 14   Eustace Davie
  The intensity of blackouts increased this week. Robbers apparently are finding “load-shedding” schedules most useful in planning their activities. This happened in 2008 so it is rather unpleasant to have to be reminded of this phenomenon of blackouts. When government and Eskom officials previously commented on the country’s electricity calamity they…

Big Government and Big Labour: the unholiest of alliances

10 Dec 14   Temba A Nolutshungu
Labour unions have played an important economic, political and social role in the transition from apartheid to democracy. When black South Africans were barred from political participation during the apartheid years and the apartheid government explicitly and forcefully denied black South Africans a voice, labour unions effectively assumed a decidedly…

Jump-starting the economy with property titling

05 Dec 14   Jasson Urbach
In The Mystery of Capital, Hernando de Soto argues that a lack of formal property rights results in a drag on economic development. He says that informal rights (or no rights at all) represent “dead capital.” People who possess dead capital cannot use it to secure the financing necessary to…

Who is to “blame” for rising healthcare costs?

02 Dec 14   Jasson Urbach
In this tough economic climate many South Africans are feeling the pinch as their household debt rises and disposable incomes fall. An over-taxed middle class are naturally feeling cheated as they are being forced to fork out for Nkandla, e-tolls, SAA and other government-run black holes. This picture is particularly…

Imagined government omniscience is a fatal conceit

26 Nov 14   Jasson Urbach
Government works hard. Most of what it does seems to be to keep up the unceasing struggle to circumvent the bad things caused by other things it already does. This is illustrated yet again by the unfolding decision by government to go the nuclear route. Department of Energy officials categorically stated…

Media Release - DTI’s IP draft policy is incoherent and contains unsubstantiated and incorrect statements on the law

26 Nov 14   FMF Media Release
“The DTI’s draft policy for Intellectual Property (IP) is unclear,” according to David Cochrane, patent attorney and partner at Spoor Fisher. Speaking at a media briefing at the Free Market Foundation (FMF) on Wednesday November 26, Cochrane said that the main problem was that the policy had not been drafted…

2014.11.26 Media Release - DTI’s IP draft policy is incoherent and contains unsubstantiated and incorrect statements on the law

26 Nov 14   FMF Media Release
“The DTI’s draft policy for Intellectual Property (IP) is unclear,” according to David Cochrane, patent attorney and partner at Spoor Fisher. Speaking at a media briefing at the Free market Foundation (FMF) on Wednesday November 26, Cochrane said that the main problem was that the policy had not been drafted…

Unions are going out of business, presenting the ANC with a political and economic dilemma.

25 Nov 14   Loane Sharp
Looking at the reasons for the split of the National Union of Metalworkers of South Africa (Numsa) from Cosatu, it is important to distinguish between the apparent cause and the real cause of the division. For some years now, Numsa members have refused to wear National Union of Mineworkers (NUM) T-shirts,…

Video Short: Why half a loaf is better than no bread

25 Nov 14   Phumlani M UMajozi
During South Africa’s platinum miners’ strike that ended in June this year, I was puzzled by union members who suggested they’d rather be unemployed than earn what they described as a “low wage”. I was really startled by their remarks. It made no sense to me, not only because I…

SAA and Eskom: throwing taxpayers' money into the abyss

21 Nov 14   Temba A Nolutshungu
South Africans in general and taxpayers in particular have become accustomed/hardened/seasoned to the perennial, colossal financial blunders otherwise known as South African Airways, our proud national airline, and Eskom, the state electricity generator. We have fallen victim to the well-known psychological syndrome of apathy. We succumb to an overwhelming sense of…

Time for government to throw in towel on SAA

19 Nov 14   Leon Louw
AFTER decades of mismanagement and waste, SA’s comical airline, South African Airways (SAA), will be liquidated and its remnants sold to the highest bidder, according to our wise new Finance Minister Nhlanhla Nene. That might be what he had in mind when he said in his medium-term budget speech that there…

Feature article: Half-a-loaf is better than no bread

14 Nov 14   Phumlani M UMajozi
During South Africa’s platinum miners’ strike that ended in June this year, I was puzzled by union members who suggested they’d rather be unemployed than earn what they described as a “low wage”.…

Half-a-loaf is better than no bread

14 Nov 14   Phumlani M UMajozi
During South Africa’s platinum miners’ strike that ended in June this year, I was puzzled by union members who suggested they’d rather be unemployed than earn what they described as a “low wage”. I was really startled by their remarks. It made no sense to me, not only because I…

Welcome to the World of Volatility – Globe Asia – November 2014

14 Nov 14   Steve H Hanke
“My last column “Regime Uncertainty Weighs on Growth” (October 2014) stressed that market participants do not know what the Big Players (Read: governments and central banks) will do next. This regime uncertainty is creating an economic undertow. No wonder there have been so many recovery false dawns. In the past month,…

Not much difference in who rules US Congress

12 Nov 14   Leon Louw
THE Economist wrote: "In the end it was a massacre." Other media were equally effusive about the US’s midterm elections, which saw the Republican Party gain majorities in both houses of Congress. Analysts either rejoice over or lament the supposed end of the road for Democrats. A Google search on…

The Significance of the Fall of the Berlin Wall – an African Perspective

10 Nov 14   Temba A Nolutshungu
First published by the FMF on 06 March 2010 Having lived in Apartheid South Africa, I feel I have the benefit of hindsight to comment on walls of tyranny, be they in South Africa, Korea, Germany or wherever throughout Africa. "The history of the Wall symbolises the truth that a free…