"This book seeks to answer the question of what happened between 1990 and 1996, years during which the ANC abandoned its earlier advocacy of a social democratic welfare state to embrace instead 'market driven' neo-liberalism. Padayachee and Van Niekerk's achievement in researching this story from the surviving archival materials as well as the recollections of participants is impressive. Combining fine scholarship with vivid narrative, this is an economist's detective story." (Tom Lodge, Dean of the Faculty of Arts, Humanities and Social Sciences and Professor of Peace and Conflict Studies, University of Limerick) "When the prospect of a negotiated settlement came onto the political agenda in the 1980s, one outcome of policy discussions within the ANC was the birth of the Macro Economic Research Group (MERG). This book provides the first comprehensive account of what became of MERG, once considered the ANC's 'trickle up' economic plan, and sheds interesting light on a chapter of our recent history that is often forgotten." (Z. Pallo Jordan, head of ANC's Department of Information and Publicity from 1987, cabinet minister 1994–2009, and a member of National Executive Committee of the African National Congress until 2014.)