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

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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

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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

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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

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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

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