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Full coverage: Economy

Inflation, economic segregation and political inertia: Why prices are as political as they are economic

Inflation represents yet another segregation in our economy, between those who can cope with rising prices and those who cannot. The government knows this too but is either unwilling or unable to end this segregation.

Stephen Kinsella
10th Feb, 2022 - 7 min read

Escaping the dead hand of the past: Stephen Kinsella meets Bobby Healy

Bobby Healy has been thinking a great deal about the future: What it looks like, how we get there and how it is made. In an interview with Stephen Kinsella, the Manna founder outlines his views and talks about innovation, funding and the issues facing indigenous business.

Stephen Kinsella
3rd Feb, 2022 - 35 min read

Pent-up demand, unwinding supports and new institutions: How to rebuild an economy after a pandemic

In the past, Irish governments have seriously struggled to manage periods of excess demand. As the floodgates of growth reopen, can the nation steer the flow towards businesses capable of fixing the faults exposed by Covid?

Stephen Kinsella
27th Jan, 2022 - 5 min read

The story of 2022: Inflation, wages, and the public sector

Ireland’s public sector unions are gearing up to renegotiate their pay agreement. In the end, the state will pay more, workers will work about the same, and taxes will have to be found to pay for it all. Then, workers in loads of other sectors will ask for more too.

Stephen Kinsella
20th Jan, 2022 - 6 min read

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
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