Economics

July 10, 2017

Learn About Economic Growth in Africa

“The rich are getting richer and the poor are getting poorer,” this phrase is very common and many people accept it as fact without checking out its validity. This logic imagines that the wealth of a nation is like a pie and that if someone has a larger slice, it is at the detriment of another. Fortunately, wealth and wealth creation don’t actually follow this flawed logic. SFL has teamed up with Temba Nolutshungu, a director at the Free Market Foundation, to combat this misconception in the  Liberty in Africa course on SFLAcademy. The course looks at the difference between creating jobs and creating wealth, what causes economic booms, how the state can ensure economic freedom and wealth creation, and how inequality can be reduced […]