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Booming tax revenues and difficult political choices. The madness of King Boris: He's invented anti-business Neanderthal Thatcherism.
Ireland’s tax take is extremely buoyant, at least for the first 9 months of the year. What to spend all the money on? can it last?
Boris Johnson has d…
4 years, 10 months ago
Global economy screeching to a halt? How bad will it get? The first official acknowledgement that Brexit might just have something to do with British chaos. Brexit did, after all, mean Brexit.
The world economy is slowing down. Asia, including China, is weakening. European indicators are flashing Amber. Britain’s bosses are warning about a …
4 years, 10 months ago
Is an energy crisis about to derail the world economy? Brexit as it was foretold. Time to get real - and honest - about the environment
Rising oil and gas prices join the long list of things joining the inflation party. How are central banks going to react? Is this the end of the long…
4 years, 10 months ago
In conversation with journalist, author and broadcaster Duncan Weldon. '200 years of Muddling Through.' Why is the UK in its current state? Look at where it has come from.
We ignore history. Policymakers certainly do. But there is very little new under the sun. Duncan Weldon reminds us that we ignore history at our peri…
4 years, 10 months ago
China crisis? Cost of living crisis? It's a gas. Ireland in 2021 viewed from the 1980s: nobody would believe it.
Is China and it’s indebted property companies reliving the West’s Great Financial Crisis?
Gas prices and inflation and a cost of living crisis? Empty …
4 years, 10 months ago
Time to abolish the budget? Fat chance. Take fiscal policy away from politicians! Why is the system so unreformable?
The annual budget circus has started. Love Island is more entertaining and only marginally less significant. Why do we do this to ourselves?
Years ago…
4 years, 10 months ago
Remembering 9/11
Some personal reflections on the 20th Anniversary of 9/11.
And some stuff on the budget and interest rates
This is a public episode. If you would like…
4 years, 11 months ago
'The rise of the illiberal left'. The uselessness of economic forecasts. Your winter heating bills are going up - a lot.
The Economist has a big piece this week on ‘the rise of the illiberal left’. That newspaper is as worried about the extreme left as it is about the t…
4 years, 11 months ago
The economy rebounds. Housing plans: how flimsy are the foundations? A surprising linkage: inequality causes low interest rates and high house prices. Monetary policy dominance over?
Lots of economic data over past few days, all pointing to very robust growth as the economy reopens. Plenty of questions remain over the sustainabili…
4 years, 11 months ago
Housing: a deep crisis met only by shallow thinking. Restaurants are closing because of labour shortages. The UK is short 100,000 lorry drivers. Higher pay means we have to pay more.
So much shallow thinking is applied to so many of our problems. Not least housing. But also low pay and inequality.
The Fed gets all this, even if man…
4 years, 11 months ago