To avoid having to pay much more taxes in 2050, Ireland should recruit workers. Our current posture — surprised and inconvenienced by population growth — is the worst of all worlds.
Ahead of the next budget, it's time to check the economic state of the nation again. Economically speaking, things have never been better. Socially, of course, it depends entirely on whether you have access to assets and services.
Whether through direct investment or soft-power influence, America sets the tone for much of what happens in Irish business. Here are Thomas Hubert’s notes from US supermarkets to cannabis dispensaries, garages and tech districts.
As the population increases, the urban/rural mix will become more complex. Policymakers can’t have a static view of rural Ireland in particular. The new strategies show they get the complexity, but as always, the challenge is in implementation.
The financialisation of every single industry has all but closed opportunities to get rich through entrepreneurship. In Ireland, those who squeezed through are now buying houses for their children, but this won't build intergenerational wealth.
The start of the kite-flying season includes a proposed Dublin weighting allowance for public servants, which makes less sense than just increasing people’s pay.
The profits of multinationals have become the second-largest source of Exchequer funding and the latest Government forecast is that the weight of corporation tax will peak this year, but “windfall” receipts remain unpredictable.
The flight of Western capital from Russia since its invasion of Ukraine has so far been replaced with inflows from other partners led by China. The real threat for Moscow lies in the longer-term effects of shrinking investment.
Silicon Valley Bank and Credit Suisse had their own problems. But there is a possibility that the banking sector as a whole simply cannot handle high interest rates.
The wave of layoffs at technology multinationals is not over. We have been there before and we can learn lessons from the past with policies that limit public finances' reliance on foreign investment and support workers and domestic companies to make the most of the predictable cycle ahead.
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