On June 30, one of the greatest men in the history of classical liberalism celebrated his 90th birthday.
Thomas Sowell stands as one of the greatest thinkers in the tradition of individual rights and economic freedom, of pushing back against the ever-controlling grasp of a stifling central government. Given South Africa is in the midst of the Covid-19 lockdown, with little hope of where we can turn for growth in the future, there is no better time than now to discover the works of Sowell, and advocate for the ideas he holds.
South Africa’s GDP contracted for the third straight quarter – the latest numbers from Q1 2020 are in. We can be 100% sure that the numbers won’t look any better for Q2, as that was the time the country was deep in hard lockdown. In our desperation, we must not fall into the trap of thinking that government throwing money at a problem is the long-term solution to that problem. Government spending does not lead to adequate wealth creation – not the kind of enterprising wealth creation South Africans need to be free to pursue.