Thank you to our donors and sponsors!
We are delighted to announce the success of the 2018/19 FMF R1 Million Challenge. We reached our target of R1 Million with the support of our wonderful donors and sponsors. The FMF is working on several projects that are expected to have a considerable positive influence on events in South Africa. The incredible generosity and steadfast moral support of our friends make the FMF’s vital work possible. We are truly grateful to all of you.
Ignore Oxfam’s incessant red herring – DIONÉ HARLEY
Reduce poverty through jobs & reduce inequality through education
Oxfam is at it again. With their latest report we are back to the same old mantra: wealth inequality is on the rise and the only solution is to tax the hell out of the rich. Further reflection reveals that the solution isn’t that simple. But first, some relevant distinctions.
Wealth and income
Wealth and income inequality are not synonymous. Wealth refers to a stock of valuable possessions – cash, shares and bonds, a house, a car. It’s also notoriously difficult to measure: property shares could be held in trusts, making it tricky to link them to individuals, and the prices of assests can fluctuate, or only be determinable once the item is sold. Income refers to a flow of money indivduals receive, such as wages from employment.
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Wednesday, 27 February 2019 EVENING EVENT – So that was the budget: what now for South Africa? – Speaker: Dawie Roodt – 17:45 for 18:15 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=204
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Publish date: 13 February 2019
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.