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Full coverage: Economy

Colm McCarthy: To avoid building more stranded assets, just apply the Public Spending Code

Current energy and transport plans show lessons from the hundreds of millions of euros wasted on peat-fired power stations have not been learned. Existing rules provide for the scrutiny needed to avoid this, but government departments simply ignore them.

Colm McCarthy
20th Dec, 2021 - 6 min read

Climate change, frustration and the illusion of intergenerational solidarity: “The analogy of war is relevant”

In a special podcast following COP26 and the publication of Ireland’s Climate Action Plan, four of The Currency’s writers focused on climate change discuss the vast distance left to cover between official discourse and reality – and its implications for the role of the state.

Thomas Hubert
17th Nov, 2021 - 6 min read

The budget greyhound test: What each group wants from the Exchequer’s €90bn pie

It’s peak season for pre-budget submissions, with 15 examined here. A good way of analysing the demands coming from various sections of society is to relate them to the amount of taxpayers’ money spent on dog racing.

Stephen Kinsella
23rd Sep, 2021 - 7 min read

Housing for All, Hanlon’s razor and the battle between good and evil: Why any policy must hinge on compromise

Under the us-versus-them approach favoured by conspiracy theorists, no policy decision can ever be made. Yet it underpins a lot of the reaction to the Government’s Housing for All plan among those who won’t settle for a step in the right direction – only a full leap into Nirvana.

Ronan Lyons
22nd Sep, 2021 - 9 min read

Climate, China and how Covid shook the world economy: When Stephen Kinsella met Adam Tooze

Adam Tooze’s latest book chronicles the year between January 20, 2020, and January 20, 2021, as the world realised Covid for the threat it was and moved to deal with it. The economist and historian talks about how the crisis has altered the world, the nature of geopolitics and the future.

Stephen Kinsella
16th Sep, 2021 - 4 min read

Trees v climate change: Could markets in everything save the world?

With no momentum to tackle greenhouse gas emissions, removing carbon from the atmosphere is our next best hope of slowing global warming. Yet planting trees is not happening either, which means it is time we put the right price on it.

Stephen Kinsella
26th Aug, 2021 - 7 min read

Hope amid the inaction: Threats and opportunities in the climate whirlwind

Despite abundant knowledge on what needs to be done to stop global warming, it is not happening for the simple reason that nobody wants to do it. Humanity’s next best chance lies in technology.

Stephen Kinsella
5th Aug, 2021 - 7 min read

Improbable, but certainly not impossible: What if the corporation tax take was about to increase?

Some columns are exercises in whataboutery. This column is an exercise in whatifery. Corporation tax receipts here are supposed to fall in the coming years. What if they rise?

Stephen Kinsella
22nd Jul, 2021 - 5 min read

Seamus Hand on corporation tax reform, the future of aviation and steering KPMG through the pandemic

KPMG managing partner Seamus Hand is bullish about the economic outlook. However, he is concerned that the recovery could be hampered by businesses being unable to access the right pool of talent.

Ian Kehoe
21st Jul, 2021 - 5 min read

In defence of supermarket queues: The economics of efficiency and why it is an eternal race to the bottom

Our private equity-backed world has created a modern two-class system: those who interact with the real world, and those who do not, with the latter being seen, strangely, as a privilege.

Sinead O'Sullivan
25th May, 2021 - 6 min read
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