This is precisely what has been happening in Ireland over the past 15 years. The Irish banking system is not working. The role of banks in the economy is to take in deposits and lend out money. This ...
Crypto is not money. It will never be. If or when it falls fully to earth, expect retribution for the various grifters who ...
Half Julius Caesar, half Mattress Mick, Donald Trump has just declared economic war on the rest of the world, but what exactly did he say? Whisper it quietly, but in Ireland, given how bad things ...
Not that many people know that The Wizard of Oz, one of America’s most-loved films, is based on the arcane economic world of monetary policy. L Frank Baum’s novel is a disguised critique of the folly ...
The dilapidated state of our cities and towns is an embarrassment. The sight of such urban vandalism should make us wince. With a homeless crisis, vacant buildings, no matter how outdated, are a ...
From a macroeconomic perspective, maybe for the first time ever, the major problem in Ireland is a supply side problem: demand is surging, but supply is not responding. It is not a case of deficient ...
When it comes to business, one of the best descriptions of the Irish I have ever heard is that we prefer to be liked rather than feared. Affable, reasonably generous, good fun and chatty, most of the ...
In 1992, I moved into a flat on Parliament Street in Dublin city centre. Back then, the four residents of the refurbished 18th-century building were the only people living on the street. Yes, you read ...
Kamala Harris’s father, Donald Harris, an eminent economics professor at prestigious Stanford University in California, was described by the Stanford Daily in 1976 as “a Marxist scholar . . . too ...
The one thing that successive Irish governments want to avoid is having to make a choice between Europe and the US. As long as the US is guardian of the Grand Bargain, Ireland can be European and ...
In late August 1989 I travelled to Czechoslovakia by train via East Germany to witness the 21st anniversary of the 1968 Prague Spring. People spoke about the beauty of Prague but few Irish people had ...