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

26 Jul 2024
Following a string of busy weeks, it was relatively quiet on the local front. Datawise, the most notable release was the consumer price inflation (CPI) print for June. The biggest global data release of the week also came from the US, with GDP coming out much stronger than expected in Q2. It was a(nother) wild week in US politics, with President Joe...

Read the full issue