On 25 June 2024, a youth-led protest primarily composed of Gen Zs, as they are popularly referred to, stormed Kenya’s parliament. Legislators voted to pass the Finance Bill 2024 in its third and last reading [more…]
“There can be no socialism without a state, and as long as there is a state there is socialism. The state, then, is the very institution that puts socialism into action; and as socialism rests [more…]
Western civilization – with all its scientific and technological progress, artistic prowess, philosophical and sociopolitical evolution, moral values, ethical principles and rich culture – took millennia to reach its famed “Enlightenment” point. It has been [more…]
Columnists write glibly about the “cost-of-living crisis” as if it were an affliction visited upon our unsuspecting community and that, as usual, it is the duty of government to cure it. The fact that the [more…]
Over the years, my essays have charted the government’s descent from an ignorance of economic principles, all the way to sheer insanity. And there can be no reprieve while the public mind festers in the [more…]
As usual, the meaningless minutiae of tax-fiddling in last week’s budget stole the headlines and obscured what’s really going on. It would help if the linguistics were clearer: a tax “cut” should simply refer to [more…]
Kenya faces predicted economic challenges due to high debt. The IMF proposed fiscal consolidation which includes increased taxes and privatization has been criticised for causing job losses and exacerbating corruption. January 31, 2024 I worked [more…]
In a totalitarian regime with a single ruling party, people know that all the churned-out propaganda is a pack of manufactured lies – and, what’s more, the leaders know that the people know! Everyone knows [more…]
Many economic pundits predict that the US and much of the world either is in a recession or about to enter one, depending upon one’s definition of the term “recession”. This brief essay is not [more…]
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