With Government bodies, policy makers, and institutions being entrusted with directing increasingly large shares of the collective public effort (as measured by GDP) there is an enormous public interest in ensuring that the right policies are implemented at the right time, and for an appropriate duration. This has led to...
Having recently pissed off the members of the Institute of Economic Affairs (IEA) and their peers in the Adam Smith Institute and of course those at the Freedom Organisation for the Right to Enjoy Smoking Tobacco (FOREST) who are an tobacco industry funded sock puppet (all of whom seem to be...
Andrew Haldane has argued that: rapid credit expansion, often through the development of poorly understood financial instruments has been a scam on investors. Investors were hoodwinked by by the faux certainties of the mathematical chimera which backed up the financial products which they were sold. But the scam goes deeper than...
Manufacturing in Ireland has been characterized by three threads of development. There are: The State/Semi-State Sector. The Indigenous Manufacturers The Foreign Direct Investment Manufacturers From the formation of the state Ireland has suffered from an industrial deficit. This situation has often been exacerbated by transformations in the global economy and...
The bond markets are irrelevant now that the IMF are in the game. When the IMF offer funds it is as a funder of last resort. Realistically, no other lender will touch a country so long as an IMF funding programme is in place as the presence of the IMF...