The Ludwig von Mises Institute South Africa defends the market economy, private property, sound money, and peaceful international relations. We believe government intervention is economically and socially destructive. This is our blog.
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Mises SA Articles- Say’s Law, Credit Expansion & the Business Cycle March 14, 2014
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Fraud. Why the Great Recession?
Watch this crowdfunded documentary produced by Austrian school economist Jesus Huerta de Soto, author of "Money, Bank Credit, and Economic Cycles," on what caused the Great Recession. Click to watch it free online.
Monthly Archives: June 2012
Words worthy of increased circulation
Two translations of the first known mention of Gresham’s Law: bad money – with the aid of forceful intervention – drives out good money. From The Frogs, by Aristophanes (400 BC) comes a passage that rings as true today as … Continue reading
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Big Brother – Alive and well and living in SA!
By Chris Gibbons for Daily Maverick The news release starts off quite promisingly. “A world first,” it says, which usually catches the media’s attention. Then it says “Brand South Africa and the Department of Arts and Culture invites South Africans … Continue reading
Not Always Light at the End of the Tunnel: Zim Edition
Even after the government created a hyperinflation by printing the money it borrowed and spent, that ultimately destroyed the economy of Zimbabwe, citizens of Zimbabwe still don’t understand the solution to their social and economic ills. Cathy Buckle writes the … Continue reading
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SARS is comin’ ta gitcha!
SARS. South African Revenue Service. The State Bureau of Legislated Theft most people refer to as tax. They’re desperate. You see when the government can’t won’t stop spending, and economic growth slows, and you can’t just keep printing and borrowing, … Continue reading
Our Letter to the Editor of the Business Day Today Re: SAA
Below is the Ludwig von Mises Institute SA’s letter to the editor of Business Day published today. It is in response to Russell Loubser’s – a non-executive director of SAA – weak attempt to justify continued state ownership of SAA. … Continue reading
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Minister van handelsbeperkinge en nywerverbooie
Vandag in Die Burger: hoe om ondernemingsgees te breek. “Ons het te veel onwettige aktiwiteite en besighede in Suid-Afrika wat die ruimte beperk vir Suid-Afrikaanse besighede om suksesvol te wees. Ons moet dié onwettige besighede vasvat,” het dr. Rob Davies, … Continue reading
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Signs of the Crack-up Boom in China, in Paris?
Expats living in China are reporting that actual Chinese price inflation is much higher than official reports, according to CNBC. One person says his utility bill has doubled in five months. (h/t EPJ Daily Alert) I was in Galleries Lafayette, … Continue reading
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Re: Today’s Edition of Government Day
Russell: in your earlier post, it is worth noting the bright ray of light shining through thanks to the collapse of state ‘services’, this time in the education space. “Demand for private schools rockets,” reads the heading between the two … Continue reading
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Skyscrapers and Business Cycles
An interview with Mark Thornton. Via The Circle Bastiat
Today’s Edition of Government Day
Stories about government blacked-out. The Home Page: The Economy & Business Page: