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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Recent blog posts
- Joe Johansen on Don’t forget SARB QE: Part 2
- MarleyMarx on Crisis On The Cape Flats Caused By Decades of Social Engineering
- Daniel on BOE: “Money creation in the modern economy”
- iakovos on New Documentary Explains Global Financial Crisis From the Perspective of the Austrian School of Economics
- Blah on Mandela: The Great Symbol of South Africa’s Unfinished Fight For Liberty
- Say’s Law, Credit Expansion & the Business Cycle March 14, 2014
- Don’t Stop Til You Get Enough December 5, 2013
- Eersteklas ekonomiese satire: Die Petisie van die Kersmakers November 25, 2013
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: September 2012
This is what Reserve Bank economists get up to on the job. The following is the abstract of a Working Paper published by Reserve Bank economists Mr Franz Ruch and Mr Dirk Bester today, titled “Towards a Measure of Core Inflation … Continue reading
Paul Colditz, CEO of the Federation of Governing bodies of South African Public Schools (FEDSAS), said in comments to Times Live that close to 90% of South African public schools are dysfunctional. As I have written before, the reality is that only the profit … Continue reading
Simon: Just to add to your point: The majority of people do not oppose taxation, because they believe this is a means to uplift so-called poor people. But have the former people ever considered that when they are robbed by … Continue reading
This could be big for North Korea. At the moment, farmers in North Korea are allowed to keep enough of their produce to feed their families, while any excess produce is turned over to the state. Now, two farmers are … Continue reading
South Africans who have a desire to learn more about political economy, economics, and philosophy in their own time, from the comfort of their home, on a shoestring budget (compared to university), will be blown away by what the Mises … Continue reading
For all it’s good work, The Free Market Foundation of South Africa is barking up the wrong tree when it comes to intellectual property. Jasson Urbach, a superb economist, has penned an article lauding IP law as one of the backbones … Continue reading
Here are some recent great articles on Mises.org. Why QE3 Will Fail – Murray Rothbard Is the “Fiscal Cliff” a Threat to the Economy? – Frank Shostak The Economic Consequences of Cheap Money – Ludwig von Mises Also don’t miss … Continue reading
One commenter on ChrisLBecker.com writes: “Inflation is always and everywhere a monetary phenomenon” – Milton Friedman. Anyone who has been near a first-year economics course must have heard this famous quip. Many people beyond that as well. Honestly, the continued … Continue reading
A litre of 95 Octane unleaded petrol in Johannesburg costs R11.97. 1/4 is taxes, and government controls about 42% of the final price.
Private sector contributors could hardly have been as counter-productive as were the Rooseveldt administration, destroying crops and slaughtering pigs to correct “unbalanced production.” Continue reading