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The malign folly of "stakeholder" theory

 15 Oct 18
The only social responsibility of business is to use its resources and occupy its energies in the generation of wealth, so long as it stays within the rules of the game, which are to engage in open and free competition, without deception or fraud.…

Media release: Things are worse than they seem: error in World Bank data sees SA slip further in EFW 2018 rankings

 11 Oct 18
South Africa now ranks 110 out of 162 in the Economic Freedom of the World (EFW) 2018 index. It had been reported that SA’s ranking was 94. However, following an error in World Bank data, spotted and investigated by Free Market Foundation’s (FMF) Eus…

Less freedom, lower growth: What we should learn from international indices

10 Oct 18   Dr Richard J. Grant
It is a common temptation, in the months before an election, for politicians to promise the moon to those voters they fear might be attracted to the similarly lofty promises of a rival party.…

Media release: South Africa ranks 94 out of 162 countries measured in the Economic Freedom of the World Report

10 Oct 18  
South Africa ranks 94 out of 162 countries and territories according to their economic system.…

We all benefit from freedom

12 Sep 18   James Peron
One of the oddities of freedom is we all benefit from freedom we are unable to utilise ourselves. There are many things, for instance, that I am free to do but which I am unable to do.…

Freedom and prosperity for all

01 Aug 18   Ayanda Khumalo
Given the current economic situation in the country characterised by low growth, more people are coming to appreciate the sound moral, philosophical, and economic underpinnings of a free market economy.…

Blame political elite for poverty and lack of economic freedom

13 Jun 18   Martin van Staden
There has been much talk recently about the "inadequacy" of SA’s 1994 political transition, which led to the 1996 Constitution.…

HISTORY SERIES: 1975 - introducing the FMF

07 May 18  
FMF founded 1975 to promote free market economics…

Taxing people into poverty

20 Mar 18  
Tax has been a part of human history for millennia. There are records of farmers in ancient Egypt giving up a portion of their crops and peasants having to provide some of their labour freely to the Pharaoh.…

Water for all and water for none

27 Feb 18   Dr Richard J. Grant
Cape Town is not the first city to face a drought, but it is predicted to be the first major city to run out of water.…

Economic growth requires an environment in which prices are freely formed

24 Jan 18   Eustace Davie
Prices, when left alone, “miraculously” direct all resources, including labour and capital, to their most productive uses.…

The minimum wage magic wand

16 Jan 18   Chris Hattingh
Would an accountant worth his salt advocate that the best way to keep a business running is to spend money which you do not have, and when the time comes to balance your books, you simply look the other way?…

Is it freedom or is it dom?

14 Dec 17   Jasson Urbach
How serious is government about wanting South Africans to become healthier and wealthier and for everyone to have access to a high-quality healthcare system?…

Public enterprises, guided by “mean-wellers”, are prone to disaster

15 Nov 17   Eustace Davie
Given the interminable bad news South Africans are receiving about their state-owned enterprises (SOEs), such as the huge SAA losses, frequent cost increases at ESKOM,…

Does government want healthier, wealthier citizens?

09 Nov 17   Jasson Urbach
How serious is government about wanting South Africans to become healthier and wealthier and for everyone to have access to a high-quality healthcare system?…

The higher the growth, the better human wellbeing

08 Nov 17   Temba A Nolutshungu
That better human wellbeing is the outcome of higher economic growth is illustrated by the findings published in The Economic Freedom of the World report.…

SAA: Change the incentives

01 Nov 17   James Peron
The mess that is South African Airlines is widely known today. What many do not realise is that Yale University, in 1944, published a little book, which lays out the reasons for the mess.…

Economic Freedom of the World Annual Report – a powerful source of information for guiding government policies

23 Oct 17   Eustace Davie
The data could not be more clear. Countries that pursue greater levels of economic freedom reap resounding benefits.…