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The National Minimum Wage – a toxic, destructive instrument

 12 Dec 18
The National Minimum Wage (NMW), signed into law by President Cyril Ramaphosa on 23 November, is set to harm a great many unfortunate people who currently earn incomes well below the NMW, and the many more who earn zero.…

To contain prices competition is essential in electricity markets

 31 Oct 18
A market for electricity has a salutary effect on the behaviour of all the participants in the generation and supply of electricity.…

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.…

Who will protect us from our protectors?

27 Sep 18   Eustace Davie
“Quis custodiet ipsos custodes?” is a Latin phrase used by the Roman poet Juvenal, which can be translated to mean “who will protect us from our protectors?”…

Achieving the elusive 6 per cent growth rate

19 Sep 18   Eustace Davie
In 2005, former President Mbeki committed his government to an economic growth target of 6 per cent, but only after 2010.…

Grinding the jobless into the ground with job deprivation rules

08 Aug 18   Eustace Davie
Much is written about inequality, decrying high salaries paid by companies to their executives as being one of its main causes, while no consideration is given, or attention paid to the plight of the unemployed.…

Did parliament intend to introduce a fake minimum wage “exemption”?

18 Jul 18   Eustace Davie
Is the exemption from the National Minimum Wage (NMW) provided for in the legislation deliberately and seditiously being torpedoed by bureaucrats, or did government all along intend to be harsh in its approach to low-income individual and small-firm…

SA history of disrespect for property rights

20 Jun 18   Eustace Davie
Tragedies, such as legislated racism and disrespect for individual and property rights are generally manufactured by individuals with malign political intentions.…

Politicians approve economically disastrous and unconstitutional NMW

06 Jun 18   Eustace Davie
The politicians who approved the National Minimum Wage (NMW) Bill appear to believe that they live in an Alice in Wonderland world in which they have been issued with “magic wands” that enable them to adopt legislation and regulations that do good wi…

Job Seekers Exemption Certificates: Just Let Me Work!

02 May 18   Eustace Davie
Government should help the jobless to help themselves by removing the obstacles that prevent them from selling their labour at the best price and under the best conditions they can find.…

NMW to cause economic havoc in rural areas and destroy SA job opportunities

29 Mar 18   Eustace Davie
Researchers exhorting the SA government to implement the NMW reported that they could find no studies showing high job losses from the institution of minimum wages.…