Articles: Celtic Tiger %


November 23, 2008

As the banks move to sort out their bad debts, it’s imperative that the state also tries to alleviate negative equity problem facing young workers. More

November 19, 2008

Act Now Minister
We are now reaching the endgame. Few are in denial any more. The situation is dire and we need real leadership to get us out of this mess. Businesses across the country are going to the wall, unemployment is going through the roof and people who have been trading for years say this is much worse than the 1980s. More

November 16, 2008

Every evening, there is a little ritual in our house. Our young children, having been settled by their mother, demand dad tells them a story ‘‘from your head’’ before bed. This lark involves all classes of adventures, heroes and implausible tales starring themselves as central characters. More

November 5, 2008

Yesterday I spoke to a friend — let’s call him Mike — a hard working, non-greedy, frugal individual. This is not the sort of bloke who went out and splurged in the boom. He has a house, a car and, up until recently, a steady job. He lives for his children, his family and yet he is in serious trouble. More

August 6, 2008

The end of partnership might not be such a bad thing after all. At the moment, it is difficult to turn on the TV or radio without hearing someone lamenting the demise of the national pay talks and warning of dire consequences. More

July 23, 2008

This is the opportunity to push through reforms and market the entire programme as a necessary exercise in ‘tough love’ More

July 13, 2008

The crisis in Ireland is monetary, and the bank has to assess what needs to be done and tell the truth. More

June 30, 2008

The longer the banks go on protecting their developer clients, the bigger their problems are eventually going to be. More

June 25, 2008

Don’t panic! The worst thing we can do when faced with an economic slump is to lose the head. Yes, the economy is moving into recession — but this has been known for a while. Anyone who cared to listen to a taxi-driver, let alone look at the hard numbers, has been concerned for a few months now. We are where we are, and now it’s time to formulate a plan to get the economy moving again, so that a serious situation does not become a crisis. More

June 22, 2008

The Central Bank must move, as the Fed did in the US, to prop up Irish banks before a major catastrophe. More

Articles: Celtic Tiger

I write two economics columns every week. They keep me sane and hopefully, on my toes – but you can be the judge of that! One appears in the Irish Independent on Wednesdays and the other in the Sunday Business Post every Sunday. I’ve been writing the columns for over ten years now, covering economic, financial, demographic, social and geo-political issues – and all sorts of other things that come into my head, sparked by things I’ve read, people I have spoken to or ideas I have heard, over the course of any particular week.

The world - and Ireland - is changing so rapidly that it’s impossible to run out of things to write about. Since I rarely stop writing, the articles are composed and written in the oddest of places, in bars, on trains, in my office, on buses. You name it, I’ve written in, on or under it.

One of the great joys in the week is reading the responses to my articles in the comments on this site. Thanks so much to everyone who responds, challenges, argues and even blatantly insults! This is what freedom of expression and opinion is all about: two contrasting opinions – a buyer and a seller - make a market and makes for good discussion. Imagine a world where we all agreed?

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