Monday, March 24, 2008

South Africa Real-Life Atlas Shrugged

Good story about the South African power crisis, where a combination of artificially suppressed prices and affirmative action policies have caused severe power shortages. South Africa's economy should be thriving considering the high price of gold and other commodities produced in South Africa, but the power crisis and similar problems of similar origin is preventing that. As the reporter notes, this crisis is playing out like a chapter from Atlas Shrugged.


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