In the absence of a credible opposition party to challenge the ANC, perhaps the IMF is best placed to help the party, writes Ayabulela Dlakavu.
If Africa’s tech-savvy youth are given their basic needs it will enable them to change the future, says Microsoft founder and billionaire philanthropist Bill Gates.
French economist Thomas Piketty yesterday said a wealth tax and minimum wage could begin to ameliorate South Africa’s sky-high wealth gap. His book, Capital in the Twenty-First Century, has recalibrated the global discussion on inequality.
Thomas Piketty’s Capital in the Twenty-First Century has attracted attention not because it crusades against inequality, but because of its central thesis that capital ‘mechanically produces arbitrary, unsustainable inequalities’, which inevitably lead the world to misery, violence and war, and will continue to do so in this century. Piketty’s critics have offered only technical objections, which Hernando de Soto says are wrong.
Thomas Piketty has been on the defensive for months.
World famous rock-star economist Thomas Piketty missed his flight to South Africa late last night – due to insufficient pages in his passport.
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