Technical difficulties and, frankly, my own stupidity, prevented me making three points I thought were important on Primetime last night.
Image by Getty Images via Daylife
First was the nature of the problem: banks have liabilities in the form of loans that might go belly up, and homeowners have the other side of that balance sheet with their [...]
Also tagged Add new tag, Bank, Business, Financial services, Interest rate, Loan, Mortgage, ShortThis headline from the Irish Times, for some reason, gives me images of grannies in camouflage with AK47s and grenades storming the Dáil. The subject is ageing, and the effect an older population will have on economics, politics, and society. The UN Population Division has issued a report showing just how trends in the average [...]
Also tagged Add new tag, Economic, Health care, Ireland, Pharmaceutical industry, Politics, Population, Research and developmentHere’s a presentation of a paper I’ve now spent 3 years writing, re-writing, editing, and tweaking. It was presented at the LSE on Friday, thanks to Adam Oliver for organising the event. I’ve blogged about this paper a few times, but this is the simplest summary I’ve come up with to date. Any comments/questions/suggestions would [...]
Also tagged Add new tag, Business, Business Services, Communication, Editing and Proofreading, Stephen Kinsella, Writing, Writing and EditingProblem: Cash strapped local authorities, inadequate pension provision within an aging society, and reduced infrastructural development. Solution: Municipal bonds.
(Co-written with Karl Deeter, and also posted on the TASC Blog. Please head there to leave a comment.)
Municipal bonds are debt instruments issued by local authorities to finance investment projects. Yesterday’s announcement by government of a Recovery [...]
Image by Sarah Parrott via Flickr
A recording of lecture 10 is here.
Also, drop Darragh an email if you’d like to take a look at your problem sets, we won’t be handing them back.
A student asked for previous lecture slides (not the in-class handouts) in the 2*2 slide format, which I wasn’t too chuffed about, but [...]
Get the lecture notes here, and a recording of the lecture is here.
From Michael Taft’s blog, which is excellent, here’s an interesting chart describing Ireland’s current situation and our policy choices in 5 weeks’ time.
The multiplier row I referred to in the lecture starts here and here, you can read the rest yourselves. The Ernst [...]
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Here’s a piece I co- wrote with Karl Deeter for the Limerick Leader this week on Muncipal Bonds in Ireland. It’s the first part of a larger project we’re engaged in. Comments are most welcome.
Limerick faces a funding crisis. The recent Comptroller and Auditor General report highlights that, in the long run, Ireland [...]
In this lecture we went over the concepts of game theory, Nash equilibrium, Subgame Perfect Equilibrium, solution of games by underlining and backward induction, normal vs extensive forms, pure and mixed strategies, and talked about the microeconomic part of the module in summary. You can look at the notes from the lecture here, you can [...]
Also tagged Directories, Economic, Environmental Economics, Lecture, Social Sciences, Stephen Kinsella on Vimeo, VimeoJust ahead of next week’s EC4004 jump into inequality and macroeconomics, here’s a great talk on the processes of actually feeding a city (ht: Tim Berry). Important bits from the talk:
We lose about 47 million acres of rainforest every year. And at the same time, we lose about 50 million acres of farm land to [...]
Also tagged Acre, Erosion, Food industry, International trade, Macroeconomics, Obesity, RainforestHere are the worksheets for weeks 5 and 6, respectively.
Also tagged Academic Departments, Arts and Entertainment, Directories, Economics, Environmental Economics, Market for Lemons, Social Sciences