Friday, August 25, 2017

South Africa's Poverty Problem Won't Be Cured By Redistribution - Economic Growth Might Do It

The solution, counter intuitive though it is, may well be therefore to lower those current wages so as to price into the formal economy all of the available labour.

from Forbes Real Time //www.forbes.com/sites/timworstall/2017/08/25/south-africas-poverty-problem-wont-be-cured-by-redistribution-economic-growth-might-do-it/
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