Economy

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    Think [and consider the data]

    A CLEARER PICTURE is emerging of the state of the housing sector. A number of reports and newly-compiled statistics point to a heavily strained system, struggling to provide even modest levels of supply and affordability. Most households cannot afford a new home within reasonable commuting distance of Dublin, without first stumping up a significant deposit. […]

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    Bud Get Real

    The annual ritual surrounding the budget will come to an end on Tuesday 10 October when finance minister, Paschal Donohoe, unveils his first package of tax and spending proposals since his appointment earlier this year. Don’t expect too many surprises though, as most of the expected initiatives have already been well aired through inspired leaks […]

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    I, Dónal Blake?

    Our new Taoiseach Leo Varadkar TD makes sure he gets out once a week, often to see a movie. Last year he went to see the English movie ‘I Daniel Blake’ directed by Mike Leigh. Discussing the movie at a Pobal conference he showed little sympathy for the plight of Daniel who, having suffered a […]

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    Demexit

    While the consequences of the UK’s decision to leave the EU remain unclear, one thing is certain – the power and influence Ireland, North and South, will exercise over the final decision-making is limited. The hype in May of this year over apparent ‘concessions’ gained by Ireland from the EU, about an early resolution to […]

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    Macronomics

    In the acknowledgement section of philosopher Paul Ricoeur’s last major book, he thanked his editorial assistant for a “pertinent critique” of the draft work. As he was then finishing up working for Ricoeur, in 2014, that editorial assistant, fresh-faced Emmanuel Macron, professed himself “like an excited child at the end of a show”. Macron, now […]

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    IMF Oomph

    According to a recent IMF study, there are reasons to worry about a new housing-markets-triggered financial blowout. And although IMF data suggest that we are not at panic level regarding house-price inflation its researchers conclude that “there are several reasons to think that the present conjuncture is a time for vigilance”.

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    Trump/Slump

    By all possible measures the US presidential election of 2016 has set a record low in the quality of political discourse. However, with the outcome handing the Republicans a decisive victory in the White House, Senate and House of Representatives contests, the election will have a lasting and systemic impact on the development of economic […]

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