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
- Eersteklas ekonomiese satire: Die Petisie van die Kersmakers November 25, 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.
Category Archives: Uncategorized
What’s more dangerous to Zimbabwe than deflation?
This ENCA article warns of the alleged dangers of deflation in Zimbabwe. Besides not distinguishing (downward) changes in consumer prices from changes in money supply, it has some gems worth pointing out. And it leads me to wonder if two … Continue reading
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A Guide To South Africa’s Economic Bubble And Coming Crisis
By Jesse Colombo As Africa’s wealthiest major economy, South Africa has played a key symbolic role in the emerging markets boom that has transformed the global economy in the past decade. Unfortunately, like most other emerging economies now, South Africa … Continue reading
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Say’s Law and the Permanent Recession
by Robert Blumen Mainstream media discussion of the macro economic picture goes something like this: “When there is a recession, the Fed should stimulate. We know from history the recovery comes about 12-18 months after stimulus. We stimulated, we printed a … Continue reading
Posted in Russell Lamberti, Uncategorized
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Laat die kindertjies na die staat toe kom
Net betyds vir die jaarlikse matriekuitslae, word ons herinner aan waarvoor staatsonderwys kinders gereed maak: slegs een lojaliteit en een diensbaarheid – aan die staat. [Invoeg: Gelukkig werk dit nie altyd nie, veral waar ouers betrokke bly.] Hier’s die banier … Continue reading
On Empirical Relevance of ABCT
This comes back to the point I made to Grant McDermott a few months ago about “testing” ABCT using the wrong data. Wrote Gene Callahan and Roger Garrison in “DOES AUSTRIAN BUSINESS CYCLE THEORY HELP EXPLAIN THE DOT-COM BOOM AND … 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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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
Pizza Perfect Price Inflation
My colleague Gareth B just handed me two menus for Pizza Perfect, one is likely from sometime in 2012, and the other is the current 2013 menu. He said he noticed right away – after not having eaten a pizza … Continue reading
Video Lecture: The State Is Too Dangerous to Tolerate
This is a brilliant final lecture to the Mises University programme that concluded at Auburn, Alabama a few weeks ago. Robert Higgs explains why the existence of the state is too dangerous to tolerate. If you do not have the … Continue reading