What a bus stuck in mud says about our economy

By reframing our challenges we can identify innovative solutions to the economy and joblessness SA has the world’s highest youth unemployment, and it is routinely presumed that economic growth is the necessary remedy. Rather, innovative thinking is required. It seems reasonable to expect that if an economy swiftly expanded — say 30% — employment should…Continue reading What a bus stuck in mud says about our economy

SA’s plight should warn Africa not to do the same

SA should develop paths to integrate into the global economy, as the UAE and Israel have done Without a major pivot to pro-growth policies, our economy will wobble until it tumbles. An ANC-EFF coalition looks increasingly likely. The new MK party might then support coalition efforts to cripple constitutional protections necessary for legitimate elections.  If…Continue reading SA’s plight should warn Africa not to do the same

Thank – don’t tax – the rich

We must support policies which tame poverty and unemployment even if they increase inequality. Many people maintain that inequality can always be reduced by making taxes more progressive. But raising taxes for high income earners can result in fewer jobs and more poverty.  Reducing poverty while broadly improving living standards requires increasing productivity. Placing an…Continue reading Thank – don’t tax – the rich