Monthly Archives: July 2013

How to fix SA’s unemployment problem

I was on 567 Cape Talk radio this morning discussing South Africa’s unemployment problem and how to fix it.  I was interviewed by Kieno Kammies and joined in the discussion by Adcorp economist, Loane Sharpe. Here’s the podcast: My strategies for … Continue reading

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What on earth is social crime?

We’ve all heard of the concept “social justice”, but what about “social crime”? Well, just off the Eeufeesweg off-ramp near Pretoria, the Tshwane Metro Police is doing all it can to curb the “social crime” epidemic. Hayek famously regarded the … Continue reading

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Stats SA’s CPI Inflation Weights Methodology

Paul Berkowitz penned a good article on how Stats SA’s consumer price index understates the price inflation rate being experienced by lower income groups in South Africa. As Paul points out, overall weights in the CPI are determined by the … Continue reading

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Onderhoud van Gripens groter fout as hul aankoop

Net omdat ‘n struktuur baie geld kos, is dit nog nie ‘n bate nie. Vra maar vir Kolmanskop in Namibië, of vir Sharemax. Net omdat die regering baie geld op iets bestee het, is dit nog nie infrastruktuur nie – … Continue reading

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Wages, Productivity & Subjective Value

Loane Sharpe, Adcorp Analytics economist and labour market specialist, penned a piece on South African labour productivity earlier this month, which was re-posted here at www.mises.co.za. Sharpe’s main argument is that wage bargaining should be conducted on the basis of ‘properly’ worked out … Continue reading

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Radio Interview on Consumer Price Index

I spoke to Moneyweb’s Hilton Tarrant on the SAfm Market Update yesterday where we discussed the latest consumer price index data for June that was released by Stats SA yesterday. Listen to the interview or read the transcript here. For … Continue reading

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Manufacturing in Africa

In the Daily Bell interview I did a few weeks ago, in response to the question of whether Africa is being prepped by the West as a China or Japan style manufacturing hub, I said I disagree because investment flowing … Continue reading

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Steers UK vs Steers SA Prices

I published the following on my blog earlier today: “Steers recently opened a restaurant in the UK, and a friend took this picture of the price list. A King Steer combo meal costs £7.29 in the UK, which at today’s … Continue reading

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The problem when fractional banks still work

Since the financial crisis in 2008/09 the Federal Reserve has printed trillions of dollars and purchased assets with them, mostly US government bonds and mortgage-backed securities.  This has caused the assets on the Fed’s balance sheet to swell by around … Continue reading

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