Ian Macleod on Austrian Economics | Solutions With David Ansara Podcast #80
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- Опубліковано 25 лис 2022
- What is the 'Austrian School' of economics and how applicable is it to the South African context? In this episode of the 'Solutions With David Ansara' podcast, I speak with consultant and writer, Ian Macleod, about the benefits of free markets and limited government intervention.
READ: 'The Austrian antidote to South Africa’s decline into serfdom' by Ian Macleod (Daily Friend, 19 November 2022): dailyfriend.co.za/2022/11/19/...
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I am a political analyst based in Johannesburg, South Africa. I'm interested in finding solutions to some of the world's most intractable social and economic problems.
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This will be the penultimate episode of the 'Solutions With David Ansara' podcast for the year. The show will be on hiatus in December while I figure out what to do with the platform...
Thanks David hope you have a safe and relaxing holiday season 👌
READ: 'The Austrian antidote to South Africa’s decline into serfdom' by Ian Macleod (Daily Friend, 19 November 2022): dailyfriend.co.za/2022/11/19/the-austrian-antidote-to-south-africas-decline-into-serfdom/
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The problem is that businesses are not entirely at the mercy of the market. There are levers available to businesses (particularly big businesses) to help bring about their desired outcomes (market share, increased profits). Anything from price collusion, lobbying of the government, artificially blocking competition etc.
Decisions are made back to front in RSA. As tax payers we fund government. We should be telling government what to do and not the other way around.
You dont understand how a Democray work....go back to school
@@truth-Hurts375 . Take a hike. You’re obviously someone who supports a Kakistocracy.
The first decision that governments have to make is to pay off it's debt....as families are obliged to do. All other financial decisions would be made within the constraints of a budget with priorities being established to protect the rights of men and women......as governments are required to do. But these concepts are farcical when the BIS, IMF and World Bank orchestrate the banking systems in all countries to suit the agendas of those who control these institutions. Complicity by corrupt and obsequious governments undermine the mandates given by electorates. Look at how Africa has been raped and pillaged by colonial powers over the centuries. At the end of the day, governments only care about their people at election time. Governmental actions to date confirm their intent rather than their election rhetoric.😠
Is Austrian Economics not the Frankfurt school