Thursday, April 25, 2019

A Tale of Two Economies: Formal and Informal

TEMA -- An informal economy should be better known as the every-man-eats economy. It is the structure of economy that permits man to make...

Africa: The Most Important and Strategic Continent in the World

A few basic facts about Africa indicate that this continent is the world’s most important and strategic place on earth—facts that only Africans are...

The Physics of African Production

NTOABOMA -- In Physics, there are two sufficiently mundane concepts – Payload and Torque (in tandem with Horsepower) - that are relevant for describing...

Behind Those Fast Growth Rates, Rising Inequality

DAKAR, Senegal — It was his first post-election news conference, at a luxurious villa high above the Congo River, and the president of the...

The End Of Monetary Dominance And The Last Dollar

In 1992 in the waning days of the Cold War, an American Neocon, Francis Fukuyama, published an essay “The End of History and the Last Man”. The West thought it had finally gained control of the world. The iron laws of Karma work. Less than 23 years later, we can adapt their own words against them and write “The End of Monetary Dominance and the Last Dollar.”

When Capitalism Is Life: Consumerism

KUMA'ASI—There is a new shopping mall in town, and everyone is boiling over with excitement, enthusiastic about the prospect of shopping more. Sure, this...

Modern Economics—A Philosophy of Transferring Wealth to The Rich

Reflections on economic activity—the considerations of matters of production, exchange, distribution, and consumption of commodities—are ancient. Mathematicians and philosophers since Kemet and Timbuktu studied...

May 1, The Struggle for Dignity, by Colonel Cassad

May 1 is a holiday that is celebrated or observed by many countries around the world. We translate below an article written on the...

Lee Kuan Yew, Death Of A Visionary, An African Perspective

Lee Kuan Yew, the former prime minister of Singapore, died on March 23 2015. He was an iconic leader who transformed a small backward...

The Dirt Poor And The Cost Of Broadband Internet

For 30 years, the American Federal government, for example, helped millions of low-income Americans pay their phone bills, saying that telephone service is critical...