Yet another Commission has been set up, yet another Commission has reported, and yet another Commission has been ignored
The response to the Commission on Taxation highlights yet again that this government, like the one before it, is not that interested in the sometimes difficult opinions of experts. This is a pity.
22nd Sep, 2022 - 8 min read
We have a cost-of-living crisis. Do we have a cost-of-employment crisis?
Simply put: We have never had more jobs, we have never been paid more, and we are all, somehow, the poorer for it. Employers in some sectors are reaping huge profits, but others are struggling.
15th Sep, 2022 - 6 min read
Pay, pensions, and the conflicts of Budget 2023: When Stephen Kinsella met IFAC Chair Sebastian Barnes
Sebastian Barnes, the chairman of the Irish Fiscal Advisory Council, says the upcoming Budget is set against the backdrop of four overlapping crises. He talks to Stephen Kinsella about inequality, climate, healthcare, and his fears over corporation tax.
8th Sep, 2022 - 22 min read
Stephen Kinsella: The polycrisis is a perfect Gordian knot, and fiscal policy is the knife
One can easily see forward to a world fiscally frozen by internecine rows and disagreements at exactly the moment speed, scope and scale are called for. One can easily see a divided America and a divided Europe caving under the weight of the Gordian knot of the polycrisis.
2nd Sep, 2022 - 6 min read
Stephen Kinsella: Are the retail and hospitality sectors prepared for an unsubsidised world?
A key policy question is what happens to retail and hospitality when the subsidies drop to zero. We don’t have a clear plan, and the prospect of subsidising entire sectors of the economy for several more years seems deeply undesirable.
25th Aug, 2022 - 6 min read
Big data and big firms: Why bricks-and-mortar retail is collapsing – and who is next
Online retailers' ability with data is an important reason why they're crushing their bricks-and-mortar retail competition. For this reason and others, it's hard to see offline retail coming back – in fact, healthcare is about to see the same disruption.
4th Aug, 2022 - 5 min read
Stephen Kinsella on climate: Nature cannot be fooled by public relations
Like the NASA officials who learned from the Challenger space shuttle disaster, the leaders who set climate targets must deal in a world of reality. Listening to the current debate in Ireland, it seems they are not.
28th Jul, 2022 - 7 min read
Interest rates: Self interest meets national interest
The politics of government-induced recessions are grim. Essentially the state is forcing a correction through the wage channel of the economy. This correction is never countenanced through the profit channel of the economy. Ever.
21st Jul, 2022 - 6 min read
Brexit After Boris: Great reconfiguration or temporary restructure?
The UK is in a moment of reconfiguration as its economy begins to restructure around the reality of Brexit. Not the lies, but the reality of a diminishing economy which requires more forms and more detail of those who want to sell into it.