Politicians, not the just the government, need guidance from economic experts
24 September 2024 - 20:11
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
I make it my business to consult widely in respect of any role that I hold in public office. It doesn’t matter that I have been active for 35 years; one is never too old or too experienced to learn from others.
Recently, the DA appointed me shadow MEC for economic development in Gauteng. So, in keeping with my normal approach I reached out to various economists and consulting groups that provide services in economic matters.
Some of these experts I have known for years and their response was immediate and engagements were duly set up. I also sought out new contacts, particularly those who comment on the state of our economy. On two occasions I was told no, they do not engage with politicians and they hoped I would understand. In reply, I thanked them for responding.
However, I have to be honest: I don’t understand. Generally, politicians are not great at economics, with exceptions of course. One need only look at the shape our cities, province and indeed our country, are in to find evidence supporting my point. Surely, economists and their consulting groups should fall over themselves to impart their guidance to those elected to public office, who have a de facto impact on the economy? I would have thought this would be part of their professional ethics.
I get it that they have to earn a living and can’t go about giving away costly research. But wouldn’t it make sense for them to give general advice to public representatives and indicate the existence of research and best practices and where these are to be found, albeit at a price?
However, these consultants did indicate they routinely deal with governments. But they miss the point. By the time politicians get into office they are already elected on a mandate determined by their respective manifestoes and are duty-bound to deliver on those. Unfortunately, many of these mandates are poorly informed economically, to say the least.
Mike Moriarty Via email
JOIN THE DISCUSSION: Send us an email with your says to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Give us some advice, please
Politicians, not the just the government, need guidance from economic experts
I make it my business to consult widely in respect of any role that I hold in public office. It doesn’t matter that I have been active for 35 years; one is never too old or too experienced to learn from others.
Recently, the DA appointed me shadow MEC for economic development in Gauteng. So, in keeping with my normal approach I reached out to various economists and consulting groups that provide services in economic matters.
Some of these experts I have known for years and their response was immediate and engagements were duly set up. I also sought out new contacts, particularly those who comment on the state of our economy. On two occasions I was told no, they do not engage with politicians and they hoped I would understand. In reply, I thanked them for responding.
However, I have to be honest: I don’t understand. Generally, politicians are not great at economics, with exceptions of course. One need only look at the shape our cities, province and indeed our country, are in to find evidence supporting my point. Surely, economists and their consulting groups should fall over themselves to impart their guidance to those elected to public office, who have a de facto impact on the economy? I would have thought this would be part of their professional ethics.
I get it that they have to earn a living and can’t go about giving away costly research. But wouldn’t it make sense for them to give general advice to public representatives and indicate the existence of research and best practices and where these are to be found, albeit at a price?
However, these consultants did indicate they routinely deal with governments. But they miss the point. By the time politicians get into office they are already elected on a mandate determined by their respective manifestoes and are duty-bound to deliver on those. Unfortunately, many of these mandates are poorly informed economically, to say the least.
Mike Moriarty
Via email
JOIN THE DISCUSSION: Send us an email with your says to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
NEWS ANALYSIS: Gauteng’s water security is at risk
Municipalities seek debt relief for water arrears
Half-a-billion in unspent funds returned to Treasury by Gauteng department
Salga spells out its municipal fixes for MPs
Gauteng is now the pollution hotspot of SA
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Related Articles
ANC in Gauteng battles to sell Tshwane coalition plan to national leadership
Velenkosini Hlabisa to crack whip on defaulting departments
Salga spells out its municipal fixes for MPs
Imatu to oppose councils’ frivolous pay deal bids
Business says SA needs to rethink economic growth strategy
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.