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
- Don’t Stop Til You Get Enough December 5, 2013
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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: September 2013
Ensuring unemployment: UIF as a tax on employment
One typically thinks of unemployment insurance as something people call on on a rainy day: it isn’t going to plug all the holes, but at least it’ll keep the lights on. But there’s something about a rainy day-fund that grew … Continue reading
Posted in Piet le Roux
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All Government Policies Succeed in the Long Run
Robert Higgs flips the austro-libertarian narrative on its head in this post. Choice quote: “People label a policy as a failure because it does not bring about its declared objective. For example, drug policies do not reduce drug use; educational … Continue reading
Posted in Russell Lamberti
Tagged corruption, markets, policy failure, regulation, Robert Higgs
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Stealthflation
In April 2012 Chris Becker highlighted product debasement in a short post titled ‘Stealthflation.’ Stealthflation is hidden price inflation when instead of raising a product’s nominal price, manufacturers cut product sizes or reduce product quality. Stealthflation is rampant in South … Continue reading
Posted in Russell Lamberti
Tagged inflation, monetary debasement, monetary system, stealthflation
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Demographic Delusion
Michael Power, a strategist at Investec Asset Management and long-time inflation dove has penned a piece in the Business Day online titled, Demographics determine bipolar inflationary trends. Power has for years advocated for higher price inflation in South Africa, which … Continue reading
Nationalisation and the National Party
Nationalisation of mines is not an entirely novel idea in South Africa. From the archives: Among the Nationalist papers Die Transvaler has been very much in favour of the nationalisation of the gold mines, but the others in recent years have … Continue reading