Government spending will ease suffering. Just don’t expect it to fix the economy
June 5, 2020 6:00 amIdeas from the US have a way of making their way into the Irish discourse. This is true in economics... View Article
Categories for Voices
The state of our semi-states: Exposed by Covid-19, the government must decide which semi-states it will bail out – as well as those to cast adrift
June 4, 2020 4:05 amHow would you explain the state to a small child? Would you use the police as an example? Perhaps the... View Article
A dangerous opportunity: The state, private hospitals and the vexed issue of nationalisation
June 3, 2020 5:46 amThere is a widespread belief among business gurus, journalists and allied trades that we should learn from the deep meaning... View Article
“I was positive about the pound, but I have changed my mind. Irish exporters face a huge risk now”
June 2, 2020 5:07 amRegular readers of this column will know that I have maintained a broadly constructive tone for GBP exchange rates. This... View Article
“The economy cannot be purely functional and transactional. It cannot be built based on balance sheet economics alone”
May 29, 2020 5:47 amThe German President, Frank-Walter Steinmeier, delivered a speech recently to mark the 75th anniversary of the end of World War... View Article
Wind down the past, accelerate the future: Measurements and the crisis to come – Part Two
May 28, 2020 5:39 amIn the first part of this series, I did not mention start-ups. But I will be mentioning them in a... View Article
Stephen Kinsella: “Tax changes are inevitable, austerity is not”
May 27, 2020 5:55 amIs austerity inevitable? Will drastic cuts to our living standards be required to make sure the bond markets lend to... View Article
Wind down the past, accelerate the future: Predicting, and preparing for, the next White Swan – Part One
May 27, 2020 5:27 am“Every lie we tell incurs a debt to the truth. Sooner or later that debt is paid.” This quote is... View Article
Forget the corporate patter, the four pub cases currently in the High Court could potentially cost FBD €30m alone
May 26, 2020 7:58 pmThe fightback has begun. Having been bruised and battered in recent months by both policymakers and publicans, FBD is now... View Article
“A temporary bounce? No, investor optimism is justified by historically low discount rates”
May 26, 2020 5:04 amStock-markets often surprise, but the rebound of recent weeks has shocked many. From the pandemic panic low on March 23,... View Article
