Friday, February 19, 2021

Is South Africa incorrigible?

 incorrigible

The 'nice' word for someone (or government) that never learns from their mistakes is “incorrigible” which is defined as a person (or government) that is not able to be corrected, improved or reformed.

The sales bans may also have had a more limited effect on consumption than was expected. Though the sale of legal, tax-paid tobacco came to a halt, there is evidence that many smokers purchased illicit, tax-evading alternatives on a large scale. A recent study by the University of Cape Town found that more than nine out of 10 smokers continued to purchase cigarettes despite the sales ban.

The tobacco ban appears to have strengthened the illicit trade in cigarettes, possibly permanently. With no tobacco products available via legal means many consumers — even those who would not normally contemplate purchasing illegal goods — bought illicit cigarettes during the ban. The consequence has been increased “normalisation” of tax-evading brands, even to higher-income consumers.

I would add that this is an example of the "hidden cost fallacy," making a decision without considering all the costs and benefits of the decision.  

4 comments:

  1. I wonder what the longer term effects of this on the South African wine industry are going to be.

    ReplyDelete
  2. To know more about Chief Dr Lucky you can visit his website (https://chiefdrluckyherbaltherapy.wordpress.com/)
     
     A friend that suffered from Herpes and was cure with the help of this great herbal doctor Chief Lucky so i decided to contact him for help in getting rid of my families genital herpes virus 1/2 which i did and all i was told to provide was just some useful information and some materials used in preparation of the natural cure and that i did and now i am the happiest person on earth because i am writing this testimony of mine with joy and happiness in my heart to the whole world to know that natural remedy is real because i am a living testimony of Chief Lucky traditional herbal cure and i want you all to contact Chief Lucky via his email: chiefdrlucky@gmail.com or WhatsApp him +2348132777335 am sure he will help you too.

    ReplyDelete
  3. Hello guys I would wish to share my testimony on how I got my edd funds I have been trying to get my edd done fit the two months i was told to first certify for 3 weeks which I had paid for but my edd card wasn’t delivered to me I changed my mail and called for card replacement and I was told I would get it in the next 10 working days but still nothing not until I was introduced to a company and in the next 8 working days I got my card and also few days later I got my funds
    Website: http://Alphasecuritycorporation.com
    Phone number: +12132951376

    ReplyDelete
  4. I know of a group of private investigators who can help you with they are also hackers but prefer to be called private investigators They can help with your bitcoin issues and your clients will be happy doing business with you,they can also help yo with your bad credit score,hacking into phones,binary recovery,wiping criminal records,increase school score, stolen files in your office or school,blank atm etc. Just name it and you will live a better life
    whatsapp +1 (984) 733-3673
    telegram +1 (984) 733-3673
    Premiumhackservices@gmail.com

    ReplyDelete