A set of brilliant talks, the best of which by Prof. Ed Nell, on where the NewSchool has come from, and where it should be going.
Prudence should be the watchword for this budget. Giveaways should not be contemplated.
I have a short paper on the Irish experience of austerity in the latest CESifo forum.
Or: when is kicking a ball around a field while getting chased by guys with sticks a lot like refereeing a scholarly article?
Ireland's banks problems still aren't fixed. Will Mario Draghi make us fix them?
Private banks create and destroy money through credit creation. When those banks are bailed out by the taxpayer, and when those banks write off loans, someone will end up paying for them.
Deleveraging in the middle of a crisis isn't the smartest thing in the world, but there are smarter ways to do it.
Electoral timing, expectation setting, and taxation policy shouldn't be mixed when the economy is this fragile.
Time is ticking, coalition politics is hard, and the political business cycle is real, but so is the potential this government has for real change.
Sod the ratings agencies.
Bond prices make no sense as an indicator of economic health.