Finweek - English

The solutions we don’t need

a few weeks ago, a small group of social scientists, most of whom enjoy, like I do, the comforts of academic life, wrote an open letter to finance minister Tito Mboweni, telling him to spend more. They are concerned about the prudent supplementary budget and would like him to increase spending to support the millions of South Africans who are now jobless and destitute thanks to a global pandemic and the subsequent lockdown that sounded the death knell for an already faltering economy.

But despite the signatories’ good intentions to aid poor South Africans and revive our economy,

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