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Category Archives: Economics

Economics Professors Say Copyright and Patent Laws Are Killing Innovation

Monday, March 23, 2009

Yes! Finally, someone agrees with me! More specifically, Michele Boldrin and David K. Levine agree with me that the copyright and patent system should be abolished, as it is stifling innovation; the opposite of what it was intended to do.
Read all about it here. Oh, and you can read their book here too.

Also filed in Information Economics | | Comments (0)

Setcom Beats South African Paypal Restrictions

Thursday, July 10, 2008

Many of you already know that Paypal does not allow South African users to receive payments. Not even from other South Africans!
What many of you may not know is that Setcom does allow you to receive international payments, although they don’t allow you to make international payments. You should expect to lose between 3% and [...]

Also filed in Internet, South Africa | | Comments (2)

Socialists fanning the flames

Thursday, May 22, 2008

While the rest of South Africa denounces the xenophobic attacks, socialist groups are fanning the flames by saying that capitalists are the enemy.
The hate that we are seeing is clearly motivated by a sense of entitlement. Statements like “foreigners are stealing our jobs, houses and women” prove it. Now these socialist organizations are bolstering that [...]

Also filed in News, South Africa, Xenophobia | | Comments (1)

R8 Blues

Tuesday, March 4, 2008

An inauspicious week. Not only is the petrol price rising above R8, but yesterday Standard Bank was selling US Dollars for more than R8.  Add to that the fact that power cuts are starting again.
Gnarly.

Also filed in Life | | Comments (0)