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Category: Economics

Pay Cuts and Deflation

Paul Sweeney 17/03/2009

Paul Sweeney: Many economists and commentators are still arguing, very strongly and with great certainty, that pay cuts will be the major part of the …

Values, Prices and Economics

12/03/2009

Oscar Wilde once complained that 'economists know the price of everything but the value of nothing'. Well, the same could be said about current day …

Borrow, Tax and Spend?

10/03/2009

“This notion that the economy is self-stabilising is usually right but it is wrong a few times a century. And this is one of those times .

Who’s for some expansionary fiscal contraction?

Peter Connell 10/03/2009

Peter Connell: The mini-budget that we can look forward to in three weeks time will, I’m sure we’ll be told, ‘constitute a necessary first step …

Socio-economic dimensions of the worsening employment picture

Sean Ó Riain 03/03/2009

Sean O Riain: There is a helpful post over at irisheconomy.ie by Brendan Walsh outlining the worsening employment picture as reflected in the latest …

Liberal Policy Choices to Blame for the Crisis

Sean Ó Riain 02/03/2009

Sean O Riain: The dishonesty and incompetence of individuals in charge of running and regulating our financial system has been spectacular. However, …

Trichet's narrow notions of competitiveness

Paul Sweeney 27/02/2009

Paul Sweeney: Yesterday, I got to shake the hand of the 5th most powerful man in the world - reluctantly! Yesterday, JC Trichet, the President of the …

Towards a New Political Economy

Paula Clancy 23/02/2009

Paula Clancy: Welcome to progressive-economy@tasc. Economics has been described as the 'dismal science'. Economists are often stereotyped as …

Pay cuts are neither a panacea nor even a help for Ireland's economic problems

Paul Sweeney 22/02/2009

Paul Sweeney: The remarkable barrage of calls for pay cuts, from both orthodox economists and the "pop economists", as the the solution to (most of) …

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