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.
Recovery is under way but it's too soon for income tax cuts
Prudence should be the watchword for this budget. Giveaways should not be contemplated.
CESifo Forum 2014
I have a short paper on the Irish experience of austerity in the latest CESifo forum.
GAA's Sky deal exploits the social value that its members built for free
Or: when is kicking a ball around a field while getting chased by guys with sticks a lot like refereeing a scholarly article?
Limerick: A brighter future
My slides from last week's public lecture entitled Limerick: A brighter future are here (.pdf) Thanks again to the organisers for the opportunity to present.
Post-Troika Governance
Here are the slides of a talk on governance post-Troika (.pdf) I gave at the European Commissions Post-Troika event on Friday March 28th. This is based on work with Vincent O'Sullivan.
Eyes of Europe on our banks because the job is still far from done
Ireland's banks problems still aren't fixed. Will Mario Draghi make us fix them?
Mortgage debt doesn't simply disappear, no matter how much is written off by banks
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.
Little hope of recovery if ECB uses us as a poster child for deleveraging
Deleveraging in the middle of a crisis isn't the smartest thing in the world, but there are smarter ways to do it.
Income tax change may win elections but it just doesn't make any sense
Electoral timing, expectation setting, and taxation policy shouldn't be mixed when the economy is this fragile.
Reforming Coalition must ensure its next report card doesn't read 'potential wasted
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.
We're past the point where cover made sense for the average family
Thresholds. Innit.
Ratings agencies don't deserve our trust, so why are we getting excited?
Sod the ratings agencies.
Forget about bonds and prices the best guard against poverty is a job
Bond prices make no sense as an indicator of economic health.