Behind the common terminology used in economic analysis lies a sum of telling truths about the state of the nation.
Behind the common terminology used in economic analysis lies a sum of telling truths about the state of the nation.
The National Democratic Revolution (NDR) is the key to understanding developments in the country since 1994 – yet most South Africans know little about it. This is partly because the NDR has so many diverse strands that it is difficult to connect the dots. More telling still is the general media silence about the NDR and the reluctance of most commentators to acknowledge its importance.
A friend of mine used to say that talking about public finances gave him MEGO – “My Eyes Glaze Over”. But in reality many of the basic ideas underlying public finance are quite simple, and even interesting. Understanding these concepts is valuable because they tell you how well your country is doing and what might happen next.
All of a society’s activities mirror that society. This ranges from literature to education to what gets produced in films and theatres. But perhaps one activity that mirrors a society to an even greater extent than others is sport.