Turkey’s economy got out of control because politicians, desperate to hold onto power, used the levers of power to purchase an electoral victory, and the economy overheated from an excess of credit. We know exactly what that feels like.
The state will end up carrying the can to roll out broadband to the furthest parts of the country. We must remember what the new public management scholars taught us to forget. The state is the only one who can do it, so the state should be the only one to do it
No doubt there are more scandals to come, largely consequence-free for the individuals found culpable. Banks, put simply, are crisis-generating institutions. No bank has been scandal-free. Trackers? They knew what they were doing. They did it anyway.
Brexit is bad for everyone. Even the Brexiteers. They know this. They don’t care. Ireland needs to become an intolerant minority within the EU. We need to start saying to everyone it’s not grand. It’s far from grand. And without a backstop, we are goosed
US president Donald Trump has a new campaign slogan, ‘Promises Made, Promises Kept’, as well as new tariffs on imports from China, and possibly the EU. With the highest debt per capita in the EU, the new US policy could pose a big risk to our economy
The Summer Economic Statement charts a course for Ireland from now until 2022. But will it help increase wages, or make housing more affordable? Is it a plan, or a wishlist?
Making a statement is easy, but taking action on the economy is much harder. What is needed is clarity, focus - and a measure of equanimity
Let’s be straight about corporation tax. We have a policy problem. You can see it. The problem is how to unwind decades of established policy without decimating our industrial base, our high-value employment and our public finances. The first step is admitting our problem. We’ll get there.
The economy isn’t overheating right now. But we do need to put additional resources into capital spending and construction
Stephen Kinsella argues that Ireland can take a boom in construction to avoid a bust everywhere else
Changing the crisis pattern we use, from ad hoc report/inquiry/tribunal to well-resourced agencies with investigative powers, is the only way to go. The lack of accountability undermines public trust in the institutions of the state