Competition killing machines: Could the tech titans go the same way as the railroad barons?
The process of clawing back monopolistic powers gained by the FAANG tech leaders will be uncomfortable for investors, but necessary for the technology sector to return being a major driver of global innovation. Otherwise, they will go the way of the railroad barons.
15th Oct, 2021 - 7 min read
Wall Street and Merrion Street beware – Elizabeth Warren is back with a corporation tax vengeance
The US Senator who lost out to Joe Biden in the Democratic presidential race has dropped a bombshell into the fraught federal budget debate: A proposed additional tax on the profits recorded by American multinationals globally, including in Ireland.
20th Aug, 2021 - 6 min read
Covid-19 scrambled the old global trade system. Now there’s a fight over what will replace it
The old trading regime was under pressure due to rising tensions between China and the US. Covid-19 made things worse. Now the question is, how is it going to adapt?
30th Jun, 2021 - 7 min read
Three reasons to be sceptical about central bank-issued digital currencies
Central banks, spooked by the rise of cryptocurrencies, are scrambling to release digital currencies of their own. But central bank-issued digital money will have few of the benefits of cryptocurrencies, and some important drawbacks.
26th May, 2021 - 10 min read
China is doubling down on R&D, technology, and industry – how should Europe and the US respond?
In the Chinese Communist Party's latest five year plan, the services sector is out and industry is in. The country is doubling down on R&D and technology. That poses serious problems for the US and Europe.
19th Apr, 2021 - 7 min read
The US is experiencing an entrepreneurship boom. So, what is going wrong in Ireland?
Driven largely by necessity, there has been a surge in the number of new companies in the US and a spike in investment over the last year. There is a distinct lack of comparable data in Ireland but based on what little is available, the story is nowhere near as positive.
23rd Mar, 2021 - 7 min read
Make no mistake, financial repression is coming in the US
President Joe Biden's latest economic stimulus proposals will likely aid economic recovery momentum in the US, but their cumulative $1.9 trillion price tag will create long-lasting and far-reaching trade-offs.