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

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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

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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.

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