whythawk ratings: measuring effective development

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1.
(Comments)
...s and how and what happens to the excess. Even sitting in the US I cannot get health insurance at any price, and was $15,000 a year when I could (just for me). Though I live better than 99% of the ...
Wednesday, 25 July 2007

2.
(Comments)
... an evolving theory. I wouldn\'t go to Wikipedia for a current answer. Most of what I\'m discussing is price theory; in which, should politicians choose to do so, they can price things that are impo...
Friday, 08 June 2007

...num producers have been frustrated by their inability to up production to take advantage of the platinum price's stellar $1,900/oz. Private hospital administrators are in a similar fix. There is...
Saturday, 10 May 2008

4. The hazard of market dominance
(Analysis/Analysis)
...nteeism or other unexpected acts, it can cause bankruptcy. The only way to make up that loss is through price rises. Small problems can become large corrections. Prices are set on the margins, rath...
Friday, 02 May 2008

In November 2007, Tiger Brands was fined R 98.8 million for collusion in fixing the price of bread. This was only 5.7% of their revenue; other manufacturers – who didn't fez up in time - fa
Wednesday, 09 April 2008

...995, when Netscape Communications listed on the Nasdaq technology exchange in New York. The shares were priced at a rather optimistic $28 each. Within minutes of the listing the shares shot up to $7...
Wednesday, 09 April 2008

...ased the right to sell electricity to Californians were constrained in a very unusual way. Their retail price was capped at 6.7 US cents per kilowatt hour, but – should any shortfall arise &nda...
Wednesday, 09 April 2008

8. Of Chiefs and Presidents
(Analysis/Analysis)
...e has been urged on by his supporters to continue ruling the country. This, coupled with increasing fuel prices, sparked massive demonstrations in Cameroon, leading to the deaths of over one hundred p...
Wednesday, 09 April 2008

...t well? Secondly, it is quite clear that, while state services may appear free, they are in reality overpriced rubbish. It is time to recognise that the state is quite incapable of running any servi...
Saturday, 15 March 2008

10. Jacob Zuma, Inflation Denialist?
(Analysis/Analysis)
...ir savings as their money becomes worthless in their hands. Another way is to raise interest rates; the price attached to borrowing future money. Our Reserve Bank has raised interest rates by 4% ove...
Thursday, 06 March 2008

Food prices our outrageous. But you didn't need me to tell you that. According to Stats SA the current inflation rate for vegetables is now 25.6%, and that of grain products – a staple for
Tuesday, 19 February 2008

Hands up if you drive your car to queue up and fill your tank on the night before a petrol price increase? Congratulations, you're a hedge-fund trader. Depending on the circumstances, you could
Thursday, 14 February 2008

...;s economy. It was complex. Gold was fixed at $35 / ounce and all other currencies were pegged to that price via the US dollar.  The US became the reserve currency of the world. The problems f...
Thursday, 03 January 2008

...quickly as possible before anyone else did. Modern free markets have a solution to such shortages. The price goes up. Medieval commons had no such mechanism. Everyone owned the right to graze, and...
Monday, 31 December 2007

...sant farmers who are now indefinitely tied to their land. Land does not confer wealth creation. House prices have risen steadily over the past decade but not as a consequence of simply being houses...
Tuesday, 13 November 2007

16. The Miracle of Investment
(Analysis/Analysis)
...No, it isn't being discussed. But it has happened elsewhere. The government declared that medicine prices were too high and fixed them. Marginal pharmacies went out of business, new investment ...
Saturday, 03 November 2007

...vincing her that this isn't necessary. The result is that consumers lose. Without free competition prices are fixed artificially higher than they would otherwise be. One argument against free m...
Thursday, 25 October 2007

... the world's largest toymaker, has recalled more than 20 million of their products, including Fisher Price and Barbie. The cause? Toys with paint containing too high a lead content and poorly at...
Wednesday, 26 September 2007

Imagine that government decides that coastal property prices are sky-high and that the reason is that Jo'burgers are driving up prices. It seems logical. Jo'burgers earn greater salaries tha
Wednesday, 05 September 2007

...ich should have gone into capacity building has gone into empowerment.” He pointed out that rising prices at the till have a lot to do with production shortages.  Companies should have been...
Monday, 27 August 2007

21. Zimbabwe: the Hollow State
(Analysis/Analysis)
...horror to more horror Since then the following has happened: Mugabe unilaterally declared that all prices must be halved; the immediate run on goods emptied stores and transferred all goods to t...
Wednesday, 25 July 2007

...s, vacuum cleaners and industrial processes. Ever increasing efficiency speeds up processes and lowers prices. Certainly, there are executives who are corrupt, just as there are corrupt politicians ...
Tuesday, 24 July 2007

...ts at their word. Over 1 300 business owners have been arrested across Zimbabwe. Their crime? Raising prices. For the past decade Robert Mugabe has accepted every tenet of the anti-globalist anti-...
Thursday, 12 July 2007

...ower. The recent crackdown by Zimbabwean troops to enforce their government's decision to halve all prices (in effect, to revalue the Zimbabwe Dollar) is part of that war. Sadly for Mugabe, thos...
Thursday, 05 July 2007

... of a taxi-ride home from work in Harare will have doubled. Zimbabwe, which continues to subsidise fuel prices, has had fuel shortages for the past seven years. A shortage of foreign currency has dra...
Tuesday, 26 June 2007

...This leads to decision-making by farmers rather than by marketers and so they are driven by the ethos of price only. Other countries are better constituted to adopt a price strategy; they have long f...
Wednesday, 20 June 2007

... In conversation with Stewart Cohen, one of the founders of the South African clothing retail chain, Mr Price, he describes where they started in 1985. "We couldn't afford our own stores bac...
Friday, 01 June 2007

... of calls are made to other networks, while (for Cell C and Virgin) 80% of calls are made to others. The prices below include "free" phones for all except Virgin. The phones themselves may v...
Wednesday, 09 May 2007

... When a country promises massive benefits to its citizens, or to its major corporations, that raises the prices of the goods that are produced in that country.  Raise minimum wage and the cost ge...
Monday, 07 May 2007

...are you willing to pay more for appropriately certified products; or do you wish to sacrifice safety for price? Don’t blame China – they just sold you what you wanted.  Caveat emptor....
Friday, 04 May 2007

...oduct, dilute it and repackage it in smaller quantities and then sell it on under your name at twice the price of what consumers should be paying. This regularly happens with everything from sugar, t...
Monday, 16 April 2007

...rket to radically alter your business environment?  What happens when your competitors reduce their prices – not by 5% or 10% - but by 50 times? Unlocking the Fortune at the Bottom of the...
Tuesday, 10 April 2007

...rwise get if you were an unknown.   Ratings act to improve competitiveness since companies usually price in a typical default rate for their industries into the products they sell.  If it i...
Thursday, 05 April 2007

...s to information, they would be able to supply ITC with a better quality of product at a better range of prices. Intermediaries under-paid farmers, mixed the soya beans together in a jumble of low an...
Wednesday, 04 April 2007

...” says Prahalad, “but you have to completely rethink your strategy to get a 50x reduction in price.” It is essential to build new strategic capital and disruptive business models.&n...
Friday, 30 March 2007

... Moola, the MxIt currency, where R 100 buys 200 Moola points.  One point for one message.  The price has triggered an explosion of messaging where MxIt’s 2 million subscribers send 5 m...
Friday, 16 March 2007

...e-based communications are already used in lieu of local telephone exchanges across Africa.  As the price for these services comes down it gets easier and easier to use the new online services. ...
Wednesday, 21 February 2007

38. The redistribution of poverty
(Analysis/Analysis)
... government declares – in an effort to cut the cost of basic foods to urban poor – that food prices are fixed at below their production cost, then farmers will stop farming to take advanta...
Thursday, 15 February 2007

... governments irrespective of their poor governance or state-led control of their economies; iv) and that prices be "stabilised" by price fixing. In other words they are denying developing n...
Monday, 05 February 2007

...e serious wealth destruction. The economy has seen tremendous increases in property values as investors price in potential gains from tourism.  The future value to the economy has already been p...
Thursday, 01 February 2007

Coffee has become a symbolic flashpoint for consumer and civil-society action.  Oxfam believes the price is too low and demands that consumers pay more through their Fair Trade scheme.  All
Wednesday, 31 January 2007

...uppliers, employees or customers.  In formal markets there is a wealth of data on product movement, price changes, legislative challenges and all sorts of other data.  Many developing countr...
Thursday, 25 January 2007

...sewing training selling its students stock against past graduates of its school.  But at much lower prices, since the fabric, sewing machines and infrastructure are sponsored and the profits aren...
Friday, 19 January 2007

...nbsp; CEO Tom Glocer said his company was reluctant to do the same in SA because of Telkom’s high prices and poor bandwidth. This is the real cost of state monopolies.  Not only isn&rsquo...
Thursday, 18 January 2007

...e in inflation owing to food shortages, currency depreciation and/or stronger pass-through of higher oil prices to producers and consumers." There is much that can be done.  Inefficient sta...
Sunday, 14 January 2007

...ndation to use or support any development organisation. Ratings do not comment on the adequacy of market price, the suitability of any organisation for a particular client, or the tax exempt nature or...
Wednesday, 10 January 2007

...llular technology has allowed sophisticated banking services to be offered in developing countries at a price that the poor can afford.  MTN Banking, in South Africa, replaces a physical bank w...
Wednesday, 10 January 2007

...ip gave it an astonishing advantage.  The ((Common Agricultural Policy)) dramatically increased the prices of its agricultural products and gave them free access to mainland Europe.  It also...
Monday, 08 January 2007

...f developing countries who lack the navies to protect them.  Carbon credits are an attempt to put a price on pollution. Yet any attempt to place a value on fresh water, clean air or available se...
Friday, 05 January 2007

...t carriers managed this miracle?  The simple expedient of having a wide range of competition lowers prices.  More importantly, though, budget airlines simply keep their planes in the air for...
Friday, 05 January 2007

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