Blog Archive

Prudence in the Face of the Unknown is Key

Stephen Kinsella 23/10/2009

Stephen Kinsella: It is almost never correct to sacrifice a present benefit for a doubtful advantage in the future. Ireland's political classes …

Shock News: The entire €4bn fiscal adjustment goes to just one Zombie Bank

Slí Eile 21/10/2009

Slí Eile: The next time you hear a politician or economist saying that our current public borrowing deficit ‘has nothing to do with NAMA’ show …

Will there be a NAMA for personal debt?

Stephen Kinsella 21/10/2009

Stephen Kinsella: No. The National Asset Management Agency, NAMA, is designed to remove the ‘impaired loans’ generated by excessive lending to …

The view from abroad: NAMA

21/10/2009

"Two of the world's leading economists today fundamentally differed in their views on the Irish government's NAMA plans. Nouriel Roubini, Professor …

Dental practices

20/10/2009

Sara Burke - known to readers of Progressive Economy - has a two-part story in today's Irish Times Health Supplement in which she reveals that …

How much does the State spend as a percentage of GDP?

Slí Eile 20/10/2009

Slí Eile: Earlier this month, at a conference of the National Economic and Social Council, Joseph Stiglitz warned against a single-minded focus on …

Guest post by Stephen Kinsella: NAMA will not get banks lending again

Stephen Kinsella 19/10/2009

Stephen Kinsella: The primary objective of the National Asset Management Agency is to increase the flow of credit to the ‘real’ economy — …

Wages, cuts and effects

19/10/2009

Under the headline 'Wage cuts: road to recovery or path to prolonged slump?', the Irish Times today features a debate between IBEC's David Croughan …

Tax outturn: you read it first here

An tSaoi 19/10/2009

An Saoi: The Sunday Business Post’s front page tells us that the Government are expecting tax to be nearly €3,000M short in the current year. …

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