Why Does The Observer Think Taxpayers Should Build Fibreoptic?

That government has a hand in making sure that infrastructure is built seems sensible enough. They are, after all, the people who control the planning system that allows infrastructure to be built. But that government must build it? Why? Consider,...

Zimbabwe’s Sunk To Armed Robbery For Loaves Of Bread

Bad economics will out you know. Adam Smith was right, there's an awful lot of ruin in a country. But not an unlimited amount. As this shows: So scarce is bread that 500 loaves were stolen in an armed heist...

You Can’t Even Get A Passport To Leave Zimbabwe – No Paper

As we reported some 6 weeks back, we've an interesting sign of the incompetence of Zimbabwean economic policy. It's not actually possible to leave the country as there's no paper to print the passport upon that will allow some...

What An Interesting Banking Situation In Ghana – Yes, It’s Politics

We do have to warn that our information source here is more than only slightly partial. But it does hang together, does make sense. Further, it does so in a manner that an independent number which is publicly known...

Zimbabwe’s Dollar Problem – It’s Still Not A Free Market Exchange Rate

The government of Zimbabwe is complaining about how exporters are not repatriating foreign currency earned from those exports. The government of Zimbabwe manipulates the official exchange rate to keep it higher. The two points are not just connected they...

Zimbabwe’s One Sensible Economic Move – Abolishing The Special Exchange Rate For Fuel Purchases

Something that's just so hard to get across to people is that special exemptions and treatments for certain parts of the economy just don't work. People are interested in money and they'll exploit any system at all to try...

Uganda’s Miss Curvy Contest 2019 Has A Winner – Belinda Nansaasi

A couple of months back there was a little disturbance in the space time continuum as Uganda decided to try to popularise itself as a tourist destination by running a "Miss Curvy" contest. Ample women having, so the local...

Uganda’s Mariam Nabatanzi – One Woman, 38 Surviving Children

This is going to be close to some sort of global record, one Ugandan woman, Mariam Nabatanzi, has 38 surviving children. She's not aided by the fact that her husband recently abandoned her and the children. To give an...

Dear Zimbabwe, Stop Setting The Petrol Price Too Low, Yours Etc, Reality

If we could actually get the universe to write letters to people that's what the current one to the Zimbabwean Government would read : Sirs Please stop setting the petrol price too low Yours etc Reality. Because that's what...

You Can’t Flee Zimbabwe – Government Out Of Money To Buy Passport Paper

There are certain bits of government that are actually necessary, there are certain things which simply must be imported to aid in doing those essential government actions. A good signal, symbol, of government falling into catastrophic disorder is when...

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What’s The Over And Under On Tesla’s 200,000th Car Being Delivered...

The first and most important thing in all economics is that incentives matter. If you can grasp that and also get to grips with...

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