These policy conferences generally define the tone of the economic debate in Ireland for weeks afterwards. Those interested in the Irish economy should consider heading along for the third DEW Policy Conference.
The third DEW conference will take place on November 2nd between 2pm and 5.30pm in the Radisson SAS Royal Hotel, Golden Lane in Dublin [...]
The debate on how to deal with newly distressed property assets to save the real economy—that’s you and I—has crystallised around the rollout of the National Asset Management Agency, NAMA. NAMA’s remit is to overpay banks for bad loans, to allow the banks to resume normal operations of credit provision to businesses. NAMA will swop [...]
Also taggedHere’s my piece in today’s Sunday Independent.
Download an economics textbook from the web. Flick to the index under `R’, and look up government policy during a recession. The textbook entry will tell you when a recession hits, the government should implement expansionary policy, whether using monetary policy—giving out cheap money, or fiscal policy—borrowing cash, and [...]
A perceptive comment got me thinking about the current value of Irish banking stocks. I haven’t seen or heard a coherent explanation (other than rumours) for the steady appreciation of the values of AIB and BOI. Can someone please enlighten me? Here’s the value of both AIB (red) and BOI (blue) from July 2008.
Also taggedKarl Deeter asks:
‘If you had one year to turn the economy around or you would be publicly executed, what policies would you enact?’
Well first, what’s the problem?
Oh yeah: soaring unemployment, depression-level falls in aggregate demand, popped construction bubble and poor regulation leading to banks in distress, small and medium enterprises choking for lack of working [...]
[From Extrapolating]
Also taggedI had a very unpleasant day today, for loads of reasons. One email which caught my eye and drew my attention away from the unpleasantness was a question from a commentator who wishes to remain anonymous. He asked me:
Why do Irish people persist in thinking that they are in a country of their own? Surely [...]
Also taggedDave, my mind is going,” HAL says, forlornly. “I can feel it. I can feel it.”(1)
Recently I’ve spent some time reading and thinking about Ireland’s children. Our kids have the curious distinction of being the first generation of digital natives, and many books (like this one and this one) are now being written to help [...]
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Congratulations to my Final Year Project Student, Dina Ibragimova, whose FYP on The Economic Performance of Ireland and Latvia from 1990 until 2007 has been awarded the BA in European Studies FYP Prize for 2009. You can take a look at this outstanding piece of work here (pdf, 712kb).
Also congratulations to Lydia Man, [...]
This could be a game-changer folks, have a look at the computational engine of Mathematica computing answers live over the internet.
Here’s a sample.