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Full coverage: Economy

The green jersey – Part 3: Why has the US stood by while big tech and big pharma Irish-shored so much of its tax base?

No one really thinks that Ireland’s €250 billion domestic economy is generating €200 billion in profits for American multinational firms. To recover its tax base, the US should reform its own rules.

Brad Setser
14th Sep, 2023 - 6 min read

“We need a bigger state. We need to pay more taxes to have the society we require”

Danny McCoy, the chief executive of Ibec, argues that the state has a bounty of resources, but a lack of capacity to deploy them. He outlines solutions on how we can bridge the capacity gap and gives his views on housing, education, and what constitutes wealth.

Ian Kehoe
7th Sep, 2023 - 8 min read

“The 2020s is one of these big decades”: Philip Lane on pandemics, wars and inflation

What is new in the spike in prices that followed Covid-19 and the war in Ukraine? How are corporate profits feeding into it? And how does Europe escape an inflation spiral? Stephen Kinsella meets the ECB’s chief economist.

Stephen Kinsella
5th Sep, 2023 - 20 min read

The Eurozone is well fit for the challenges ahead and is in far better shape than many analysts believe

Despite headwinds from slowing growth, the Eurozone has arguably never been in better condition from a structural perspective. This is an unconventional view, but it is one that deserves more attention than it gets.

Peter Kinsella
25th Aug, 2023 - 6 min read

Where are we now? Where are we going? Part 4: Prisoners of the wrong dilemma on climate change

The climate policy narrative is often framed as a prisoners' dilemma, but another way of thinking about it is a fight for the sectoral and ideological balance of power, with green and brown sectors squaring off to determine winners and losers. The solution? Stuff the losers' mouths with gold.

Stephen Kinsella
4th Aug, 2023 - 7 min read

America has lost the Middle East. Now it’s the turn of Russia and China to move in

The US policy of "my way or the highway" has dramatically failed in the Gulf States as Russia and China become firmly embedded across the Middle East. The long-term consequences for the West are significant.

Constantin Gurdgiev
3rd Aug, 2023 - 7 min read

Where are we now, where are we going, part 3: The race between education and technology

Coding is to the 21st century as reading was to the 18th century – a relative advantage that is coming to an end. To win the next race, we need a revolution in teaching.

Stephen Kinsella
27th Jul, 2023 - 6 min read

Stephen Kinsella meets Gerard Brady: The case for a national infrastructure fund

Now that there’s plenty of money available, the clamour for the state to splash out on infrastructure immediately is louder than ever. This is the worst time to do it, says Ibec’s chief economist.

Thomas Hubert
22nd Jul, 2023 - 3 min read

Where are we now, Part 2: How to spend it? On the public service

The number of public servants has not kept pace with growth in the private sector, creating capacity bottlenecks. To catch up, pick one or two technical areas to get very, very good at and expand from there to add 100,000 state workers.

Stephen Kinsella
21st Jul, 2023 - 6 min read

Sean Keyes on investing: Ireland should hoard workers, not assets

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.

Sean Keyes
19th Jul, 2023 - 5 min read
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