January 16, 2018

“If the Dutch lived in Ireland, they’d feed the world but if the Irish lived in Holland, they’d drown.” More

January 10, 2018

The Irish crash of 2008 was not a surprise to anyone with their wits about them and a passing knowledge of economic history. The great delusion propagated, which continues to be propagated, was that the housing/property/banking/credit collapse was in some way unexpected. More

January 3, 2018

Much of today’s economic and financial discourse revolves around the impact of new technology on our lives, as if this were something new. It’s not. The repetitive economic cycle is also as old as the hills, as is speculation. More

January 1, 2018

Every Christmas, our family heads to Belfast to see the in-laws and eat gluttonously, drink copiously, argue endlessly, and fill the boot dementedly before we head down South again. The difference in prices between the Republic and Northern Ireland is remarkable, particularly at Christmas when everyone is buying more of everything. More

December 27, 2017

Some 2000 years ago, Joseph and Mary headed from Nazareth to Bethlehem to sign a census. Census night was a big deal in Roman Judea because the Romans were meticulous about economic and demographic affairs, particularly because they were exacting tax-collectors. These taxes were designed to finance Roman expansion in the East. More

December 20, 2017

One of the oddest things happening in the Irish economy is that unemployment is falling quickly but income-tax receipts are not rising in tandem. The Government is confused. When employment rises so should income tax. So why isn’t this happening? More

December 5, 2017

When I was a boy I never went to a restaurant with my parents. On very special occasions we might go to a hotel grill room. Restaurants were for other people, of a different caste. Restaurants signified not just wealth or commercial status; a more adventurous palate indicated a subtle form of worldly sophistication. More