FMF NEWSLETTER 18 April 2018

18 April 2018
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FMF NEWSLETTER 18 April 2018    
EDITORIAL  

Dear friend of the FMF

In this week’s feature article, authors Leon Louw and Martin van Staden propose that the South African government should stop its multiplicity of interventions in, and government controls over economic activity, which result in stagnation and oppression. They argue that South Africa should rather seek to emulate policies that have been shown to produce high growth and reduced poverty in highly successful countries. They suggest that policies such as the expropriation of property without compensation led to the poverty and economic decline in countries such as Zimbabwe, Venezuela, and North Korea.

FEATURE article  

South Africa should follow winners, not losers – LEON LOUW AND MARTIN VAN STADEN

Nationalisation of property, inefficient State-owned enterprises, raising the legal drinking age from 18 to 21, and higher taxes in a low-growth environment. These ideas have all been tried elsewhere. And they have failed consistently, with few exceptions. The opposite of these ideas: strong protections for private property, an active and entrepreneurial private sector, personal freedom, and low taxes, have also been tried quite widely, and, essentially, everywhere they have been tried, they have worked. Why, then, does South Africa insist on following the losers and not the winners? 

UPCOMING FMF events  

Wednesday, 18 April 2018 EVENING EVENT – Professor Grietjie Verhoef New research - history of strong African entrepreneurship held back by powerful constraints @17h45 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=176

Tuesday, 24 April 2018 MEDIA BRIEFING – Graham De Vries and Adrian Schofield The ECA Bill* will be a disaster for South Africa @11h00 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=177

FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link: https://www.facebook.com/FMFSA/

Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: https://www.youtube.com/user/channelfmf

DIRECTORS' quotes  

WORTH reading  

How SAA board has kept airline flying at a low and fatal altitude
ZEENAT MOORAD: Bitter truth about sugar tax

FMF in the media  

Media release: New Hate Speech Bill an improvement, but is still unnecessary

Media digest MARCH 2018 for all media coverage

SOCIAL media  

Follow us on TWITTER for quick updates and news

Like us on FACEBOOK to receive advance notifications of live interviews and much, much more

Watch our YouTube videos on ChannelFMF

Robert Vivian and Leon Louw – FAIS: the harbinger of things to come

Dawie Roodt – The final countdown: How to survive this awful budget
Leon Louw – What is Oxfam's real agenda? It's not pro-poor
Frans Rautenbach – The law trade unions and growth - what role do they play in job creation?
Eustace Davie –  Failure to respect constitutional rights causes mass unemployment
Leon Louw – New law guaranteed to raise price of data and limit internet access
Adrian Saville – Paths to prosperity - lessons for a six pack solution
Leon Louw – South African Airways: The facts behind the fiction

Neil Emerick –  Will South Africa crash and burn?
Garreth Bloor –  Want economic growth? Repeal bad law

Jasson Urbach & Johann Serfontein – NHI pie in the sky
Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
FMF –  A constitution worth fighting for (1996)

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