Odwa Mjo’s report on finance minister Tito Mboweni’s criticism of the views of the so-called “100 economists” refers (“More spending is not the way out of low growth (https://www.businesslive.co.za/bd/economy/2020-07-14-more-spending-is-not-the-way-out-of-low-growth-says-mboweni/)”, says Mboweni, July 14). This group does not comprise 100 economists. Even Neil Coleman, the spokesperson for this group, is careful to describe it as 100 economists and academics.
In reality, stripped of its fancy title the group is nothing but an extreme unelected socialist pressure group seeking to impose their views on the country at large and trying to bolster their importance by pompous claims to superior knowledge of how to run the economy. I am willing to bet that the actual economists in the group who have any insight into how the economy works through experience outside the precincts of a university can be counted on one hand...
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