FMF NEWSLETTER 24 January 2018

24 January 2018
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FMF NEWSLETTER 24 January 2018    
EDITORIAL  

Dear friend of the FMF

In this week’s feature article, Eustace Davie explains the impact of socialist economic controls on prices, and by extension the negative knock-on effect on consumers. The author provides a clear definition of capitalism,  and describes how socialist policies undermine the manner in which people voluntarily trade with each other. People have different values and preferences and this determines whether or not they will enter into an exchange. Government interference in its many forms undermines people’s ability to trade with each other, inhibits growth, and prevents people from improving their lives.

FEATURE article  

Economic growth requires an environment in which prices are freely formed – EUSTACE DAVIE

Prices, when left alone, “miraculously” direct all resources, including labour and capital, to their most productive uses.

Examine the South African economy to find any activities that are carried out on a basis of voluntary exchange between individuals, under circumstances where peaceful exchanges are not interfered with by bureaucratic action, where prices are arrived at wholly by agreement and I will acknowledge those activities to be capitalistic. But I then defy anyone to show how these activities are causing harm to the population at large.

UPCOMING FMF events  

Wednesday, 31 January 2018 FMF EVENT – Frans Rautenbach The law, trade unions and economic growth - what role do they play in job creation? @17h45 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=168

LIVE STREAMING IS AVAILABLE FOR ALL EVENTS via the FMF’s Facebook page: https://www.facebook.com/FMFSA/    All events are then uploaded onto ChannellFMF on YouTube and are accessible through our website http://www.freemarketfoundation.com/ click on the + Follow FMF button on top right corner

WORTH reading  

Oxfam is entitled to its own opinions. But not its own facts
Water shortages the result of water socialism
2018's New Minimum Wages Come with a Cost

FMF in the media  

Media releases Oxfam’s latest report is dangerous and intellectually dishonest
SAA’s own new CEO inadvertently tolls airline’s death knell

Historic transfer of 117 title deeds in Stellenbosch thanks to the Municipality, Johann Rupert and the FMF
Media digest DECEMBER 2017 for all media coverage

SOCIAL media  

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Watch our YouTube videos on ChannelFMF

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

Eustace Davie – Imagine living in constant fear of losing your home
Temba A Nolutshungu – Time for South Africans to live and let live
Temba A Nolutshungu – Statist ideologies vs Individual sovereignty
Jasson Urbach & Johann Serfontein – NHI pie in the sky
Martyn Davies and Leon Louw – The secret of China’s success: innovation and entrepreneurship
South Africa: The Solution (1987)

Twin Peaks - how Treasury will cost SA an additional R4,8bn per year
FMF –  A constitution worth fighting for (1996)
Leon Louw – Radical Economic Transformation
Rex van Schalkwyk – Rule of Law 1 of 2 – What it is not
Rex van Schalkwyk – Rule of Law 2 of 2 – What it is

SUPPORT the FMF  

Become an individual member/donor, a corporate member/donor  or donate to Khaya Lam project

Great news! The FMF R1 Million Challenge has been extended to  31 January 2018.
Whatever you donate to the Free Market Foundation will have 50% added by our generous sponsor.

All individuals and companies can donate and deduct a maximum of 10% of their taxable incomes to Section 18A approved Public Benefit Organisations. The minimum annual payment we require is R250. All payments of R250 or more will be treated as a donation for which you will receive a Section 18A certificate for SARS.

CONTACT us  

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