Ireland’s economy has a history of outperforming other European economies for a while, and then vastly underperforming them when the economy turns downward like a marble rolling ever-faster off a table
Stephen Kinsella, Opinion /
The negative response to senior civil servant Robert Watt’s criticism of the massive cost of the rural broadband rollout is yet another example of this society’s dislike of straight talkers
The domestic economy’s demand for goods grew by 4.5% last year. The Irish economy is growing. It looks strong. So do the public finances. So far, so boring. But, as Tom Waits once sang, the large print giveth, and the small print taketh away.
The reality is that if international trade and dealings are not governed by some set of rules, then size is all that matters. A world like that is very dangerous for just under five million people living on an island on the western edge of Europe.
People need jobs, certainty and a settlement which allows them to prosper. But despite more than two years spent negotiating with the EU, a deal seems further away than ever
Despite having a younger population than most high-income countries, we spend far more per person on health than the OECD average. And our health system is still a mess. We need to start looking hard at where exactly the money is going, or costs will just keep rising
The second policy response to fast-paced changes in the nature of work and its attendant rise in earnings inequality is to set up a universal basic income programme. This is money everyone gets transferred into their bank account every month, regardless of their age or income level. Think of it as child benefit, but for everyone.