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View from Dublin
The future...? It’s not what it used to be
Traditionally, this was the time of year when commentators gave their
predictions for the year ahead. The braver ones would even look back to see
how well they had done the year before.
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Inside View from Dublin
We risk being squashed by all these elephants
Tuesday, 20 December 2011
There is, we are told, another elephant in the room, with an even bigger pachyderm lumbering up from Brussels.
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Real Republic is nothing like invented one
Tuesday, 1 November 2011
When you walk up one of the Republic of Ireland's deserted main streets, it is difficult to reconcile the talk of the Republic doing well and being the model for other European countries to follow with the reality of living here.
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Oh brother! Don't go from bad to worse
Tuesday, 25 October 2011
Everyone knows - well, everyone should know - that the monk Nicolaus Copernicus demonstrated that the earth goes round the sun, rather than vice versa.
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We're looking at West Wing style eurozone
Tuesday, 18 October 2011
It all seemed very odd, yet vaguely familiar. The German coalition's equivalent of the Tanaiste, Free Democrat leader Phillip Roesler, was going to Paris to present his ideas for dealing with indebted, deficit countries.
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We must not be blinded by light at end of tunnel
Tuesday, 11 October 2011
An old colleague from long ago suffered under the nickname of the man who blew out the light at the end of the tunnel.
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Facing up to the hard facts of life
Tuesday, 4 October 2011
When the facts change, I change my mind, the economist John Maynard Keynes said; before asking the critic who had accused him of inconsistency, "What do you do?"
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Banks must deal with the bad debt to restore trust
Tuesday, 27 September 2011
These are nervous times. There was a yelp from the passenger seat when Yanis Varoufakis, professor of economic theory at Athens University, mused in a radio interview on what would happen if Greece declared its departure from the euro.
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Financial fall offers a chance for redemption
Tuesday, 20 September 2011
It's an ill wind that blows no good. The old proverb suggests there are such winds - events so unpleasant that no compensating factors can be found. But I'm not sure I've ever seen one.
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The depression that might not have been...
Tuesday, 13 September 2011
The world seems to be getting closer to agreeing what has gone wrong, but not what to do about it.
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Who supports the cause of small savers?
Tuesday, 6 September 2011
One of the great mysteries of the crash is the way in which official Ireland and official Europe sat mutely by while confidence in the Irish banks drained away.
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A slump by any other name is still depressing
Tuesday, 30 August 2011
There is no consensus on the name, but an emerging one on what to do about it. As for names, some economists are daring to use the D-word - depression - after the series of downward revisions to growth estimates in recent weeks.
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More benefit in welfare reform than expansion
Tuesday, 23 August 2011
I like to think I am not easily startled.
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Could Eurozone end up in same boat as Ireland?
Tuesday, 16 August 2011
This is where we came in - with trouble in the banks. The eurozone crisis gets bigger as it moves from one country to another, but it also gets more familiar.
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Take interest in the bonds that hold us together
Tuesday, 9 August 2011
One of the apt remarks attributed to the British Prime Minister Harold MacMillan is that there is no time so distant as the day before yesterday. It feels only that long since Bill Clinton was president of the US, but what a distant era it now seems.
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EU must share to help smaller states recover
Tuesday, 2 August 2011
Few now probably remember the stir caused by the then Governor of Central Bank Maurice Doyle, when he said that Ireland did not join the Common Market to become the North Dakota of a United States of Europe (USE).
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Why I'd stake our economy on an Irish casino
Tuesday, 26 July 2011
Cutting through the euphoria that came with the modest cut in our bailout
interest rate, it has become clear that we still need something to
kick-start the economy.
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All at sea, but the euro won’t founder just yet
Tuesday, 19 July 2011
The crew is still squabbling, with the occasional mutineer making attempts to
seize the rudder, but the Great Ship Euro is beginning to turn.
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Holy grail of recovery still evading Ireland
Tuesday, 5 July 2011
Confidence, consumption and credit. The three Cs are the new holy grail of economic recovery, but finding them is a challenge that might intimidate Sir Lancelot himself.
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It's hard to see the light in this fog of statistics
Tuesday, 28 June 2011
As no doubt you know, if an object approaches the speed of light, the normal laws of physics start to break down. I learnt last week that, as economic growth approaches zero, the laws of statistics start to, if not exactly break down, become more difficult.
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Fiscal referees will set the financial rules
Tuesday, 14 June 2011
Wanted: clever, well-qualified folk to tell the government what to put in the Budget and rebuke them if they don't do it. Ex-politicians may be considered.
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