Tag Archives: fiscal policy

How to fix SA’s unemployment problem

I was on 567 Cape Talk radio this morning discussing South Africa’s unemployment problem and how to fix it.  I was interviewed by Kieno Kammies and joined in the discussion by Adcorp economist, Loane Sharpe. Here’s the podcast: My strategies for … Continue reading

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In the final analysis, at best, Thatcher failed

Margaret Thatcher died today.  She was 87.  Much has and will still be said about her time as PM and her legacy.  By the decrepit socialist standards of the day, Thatcher was (and mostly still is) considered a rabid free market capitalist. … Continue reading

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Quick Business Cycle Thoughts

So we’re used to talking about the business cycle strictly in its monetary terms.  Often neglected is the effect of fiscal policy. State fiscal intervention is both a co-factor in causing business cycles and a key factor in prolonging cyclical downturns. Co-factor … Continue reading

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