Articles: Sunday Business Post %


April 21, 2014

The other day, I went for a coffee with one of the local priests here in Dalkey. Father Declan was chatting about all sorts of stuff, and we touched on the first year of Pope Francis and what it has meant. For millions of Catholics all over the world – whether practising or not – the image of a truly humble man, who says the right things and seems honestly interested in the poor, is a relief. More

April 14, 2014

My dad used to tell me about the numerous pawnbrokers in Dun Laoghaire, and how it was common for people to use them at the end of a week, or coming up to some big event, to get cash for clothes, jewellery or anything that could be used as collateral. If the person didn’t pay back the loan, the pawnshop sold the collateral. More

April 7, 2014

The frenzy has started again. Six years after a property boom practically destroyed our economy, we are at the same nonsense again. When are we ever going to learn that buying and selling over-priced houses to each other is not going to make us rich, but will make us poor? More

March 31, 2014

Have you noticed the way Irish property investors are like Man Utd supporters? Last week, the poor Man Utd supporters trending on Twitter swung between optimism and anger. Deep down, both emotions come from the belief that a couple of results back to back must signal a return of the glory years. The hurt this week at being demolished by Man City is more a function of believing in the divine right of United, rather than an honest assessment of a world that has changed. More

March 24, 2014

This week the diminutive Janet Yellen, by far and away the most powerful woman in the world, sent the macho and male-dominated financial markets into a hissy fit when she mused aloud that she may raise US interest rates early next year. More

March 18, 2014

In the summer of 1787, determined to show foreign ambassadors the might of Russian power in the newly subjugated Ukraine and Crimea, Catherine the Great organised a boat trip down the Dnieper past modern-day Kiev. More

March 10, 2014

I am here at Abu Dhabi Airport. My flight was supposed to depart at 2.15am. It’s now 9am and we’ve been told the flight may take off at 11am. So you can imagine the state of the place and the state of me! There’s no point in getting angry at staff, who are trying their best to deal with a mega systems failure. There has been a collapse of the Etihad infrastructure: poor visibility due to fog, lights on the runways have gone out, crews are not able to make their connection and now there is a massive backlog of planes queuing up on the runways with no one to fly them. More

March 3, 2014

I am in Kilkenny this evening, planning some events for this year’s Kilkenomics festival. Kilkenomics is a strange hybrid of economics and comedy. It is not your usual economics conference because the stand-up comedians tease out the logic – warts and all – of what the economists are saying. In addition, the comedians shear away the jargon behind which many economists hide. As a result, there is more clarity delivered in Kilkenny than in many other economic set pieces. More

February 24, 2014

One of the interesting things about emerging market crises, is that when you are in one, it doesn’t feel like a crisis at all. Turkey has been buffeted by a political crisis and mass demonstrations, which could easily have spilled over into the nightmare playing out in Ukraine. Yet the situation has been calmed by both the protestors and the government. It doesn’t mean the problems have gone away, but it means that both sides have pulled back from the brink. More

February 17, 2014

My earliest memories of Castle Street, Dalkey, were Saturday mornings in Dom McClure’s barbershop with my father. Dom cut my Grandad’s hair, my Dad’s hair and now he was shearing mine. More

Articles: Sunday Business Post

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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