Orthofer on SA wealth and income

Posted by Melt van Schoor on 2015-10-02

Given high inequalities in South Africa, there has been much interest in the work of the French economist, Thomas Piketty, suggesting that capitalism naturally leads to a growing wealth-income ratio and unsustainable inequality. Recently, a PhD student at Stellenbosch, Anna Orthofer (supervisor: Stan du Plessis), investigated historical data for South Africa and found that in at least some respects, South Africa does not seem to match the rich countries analysed by Piketty, and that the wealth-income ratio has in fact been relatively low and stable. Read more about this in a recent Financial Mail article.

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1 Nov 2024
The Medium Term Budget Policy Statement (MTBPS), delivered on Wednesday, was the highlight of the week domestically. The MTBPS was a little underwhelming, but to be fair, fiscal policy works better when there are no surprises. While the most interesting domestic data releases are scheduled for later today, the international calendar was jampacked, with...

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BER Weekly

1 Nov 2024
The Medium Term Budget Policy Statement (MTBPS), delivered on Wednesday, was the highlight of the week domestically. The MTBPS was a little underwhelming, but to be fair, fiscal policy works better when there are no surprises. While the most interesting domestic data releases are scheduled for later today, the international calendar was jampacked, with...

Read the full issue