“South Africa is sliding downhill while much of the rest of the continent is clawing its way up,” wrote The Economist recently. For close to two decades, South Africa has basked in the glow of a peaceful transition from apartheid to majority rule, but the country’s endemic corruption, violence, and failing public services can be ignored no longer. Some even wonder if the misrule by the African National Congress could turn South Africa into a Zimbabwe-like failed state. With comments by Ambassador Ebrahim Rasool, John Kane-Berman will discuss the likely future of political and economic developments in South Africa.
Featuring John Allison, President and CEO, Cato Institute; Rep. Kevin Brady (TX-8), Chairman, Joint Economic Committee; and Norbert Michel, Research Fellow in Financial Regulations, Heritage Foundation; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.