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Black Friday: A celebration of economic freedom

 03 Dec 18
Today is the latest iteration of the Black Friday phenomenon, with ordinary people rushing to store to cash in on the best deals, spending their hard-earned money.…

To prosper, ensure a free economy (it worked for Mauritius)

 28 Nov 18
According to the latest, annual Economic Freedom of the World (EFW) report, SA’s economic freedom ranking has declined dramatically from 46th position in 2000 to 110th this year…

Economic growth and freedom the key ingredients for transformation

27 Nov 18   Temba A Nolutshungu
Freedom is the most important human right. Over the years, people of all nationalities, races and cultures have always migrated from oppressive regimes to countries where they enjoy greater freedom.…

SAA – more of the same mistakes promises more of the same hardships

21 Nov 18   James Peron
There is a humorous saying: “The definition of insanity is doing the same thing over and over and expecting different results.”…

Economic freedom most rapidly reduces poverty

22 Oct 18   Eustace Davie
South Africa’s Economic Freedom of the World ranking this year is 110th as compared to 46th in 2000 out of the countries measured.…

Media release: Braking [sic] News: Ex Finance Minister Nene’s shelved medium-term budget leaked to FMF

22 Oct 18   FMF Media Release
A copy of ex Finance Minister Nene’s proposed Medium Term Budget (MTB) has been leaked to various organisations in the interest of the public’s right to know.…

The malign folly of "stakeholder" theory

15 Oct 18   Chris Hattingh
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…

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.…

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.…

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?…