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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Circle Bastiat
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: October 2013
Defending the Praxeological Method
This post from Circle Bastiat is useful: Tom Woodswrites at Liberty Classroom: Today there was a most unfortunate post at Bleeding Heart Libertarians that attacked “extreme apriorism” among Austrian economists. The attack was focused on an unnamed “Austrian Dude,” but … Continue reading
Posted in Russell Lamberti
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MUST WATCH: Modern Monetary System Explained
I cannot recommend this video highly enough. It is extremely powerful as it explains step-by-step the mechanics and machinations of the modern monetary system. Mike Maloney is absolutely spot on about this: the system impoverishes the working class every single day. … Continue reading
Talking BEE on PowerFM with Sandile Zungu
In a recent debate on PowerFM, I joined Sandile Zungu, general secretary of the Black Business Council, to discuss the merits of South Africa’s Black Economic Empowerment (BEE) legislation. It was a thoroughly enjoyable 14 minutes and the second time … Continue reading
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Why BEE fronting is a good thing
The Broad-based Black Economic Empowerment (BBBEE) Act — which replaces consumer-led capital allocation in South Africa with politically led allocation – has now been in force for about a decade. At a New Age breakfast yesterday morning, trade and industry minister … Continue reading
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The Elephant in the MPC Boardroom
…the Fed now runs SA monetary policy. p.s thanks to Jerm for drawing this ace cartoon for ETM Analytics.
Posted in Russell Lamberti
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