FMF NEWSLETTER 13 February 2019

13 February 2019
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FMF NEWSLETTER 13 February 2019   

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.

ARTICLE of the week  

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.

To read further, please click here.

AD HOC FMF article  

Bad economics is killing rhino  JAMES PERON

Latest FMF event videos (WATCH)  
Mark Oppenheimer  How to stop expropriation without compensation
UPCOMING FMF event  

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

FMF events can be watched LIVE via the FMF’s Facebook page by clicking this link: https://www.facebook.com/FMFSA/

Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: https://www.youtube.com/user/channelfmf 
Latest FREE MARKETEERS podcasts  

The President's empty State of the Nation address
Myths of land reform, Ramaphosa's hot air, and property rights

WORTH reading  

Understanding the difference between hampered markets and socialism 
Why “your” house is yours in a way that “your” country is not  
Taxation is no way to spur innovation

FMF in the media  

Media Digest & Cuttings JANUARY 2019 for all media coverage

WEBSITE & SOCIAL media  

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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  

TEL +27 11 884 0270 | FAX +27 11 884 5672 | EMAIL fmf@mweb.co.za
  PO Box 4056, CRAMERVIEW 2060
  Bryanston Gate, Block 5, Ground Floor, 170 Curzon Road, BRYANSTON

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