Twenty-five years since the election of Nelson Mandela as president of South Africa, the country remains home to some of the most market-invasive, race-based economic policies in the world. At the...
Russell Lamberti
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Russell Lamberti is founder of investment advisory firm ETM Macro Advisors. He is the co-author of When Money Destroys Nations, a book about Zimbabwe’s hyperinflation crisis. He lives in Cape Town, South Africa.
Latest work
To understand the principle that has been called Say’s Law, it is useful to start by thinking about what unhampered exchange is: the mutual offering of goods and services between people. Seeing...
Many central banks around the world aim to achieve some “inflation target” either as a single explicit policy goal — as in the case of the South African Reserve Bank — or part of a set of policy goals...
