Michael Jordaan: 'Economics needs new theories that try to incorporate free'
Posted by Johan Fourie on 2014-03-28
Michael Jordaan, former CEO of FNB and now honorary professor in the Department, gave his first public lecture on Thursday night in the Department of Economics. He discussed the costless economy (such as Google and Facebook) and the implications for the measurement of GDP, inflation, etc when services are free. Here is Prof Jordaan (second from left) with prof Stan du Plessis (dean), prof Rachel Jafta, organiser of the public lecture, and department chair prof Andrie Schoombee.
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BER Weekly
4 December 2023Beyond the scheduled data releases, there was a lot to digest on the economic news front last week. Internationally, downward inflation surprises from the US and Eurozone spurred financial markets to expect sooner and deeper rate cuts by the major central banks. Meanwhile, the delayed announcement by OPEC+ members of further production cuts failed to...
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BER Weekly
4 December 2023Beyond the scheduled data releases, there was a lot to digest on the economic news front last week. Internationally, downward inflation surprises from the US and Eurozone spurred financial markets to expect sooner and deeper rate cuts by the major central banks. Meanwhile, the delayed announcement by OPEC+ members of further production cuts failed to...
Read the full issue