Farewell to Bob Doyle on Sunday 15th of Feb
Up to 600 people on Sunday afternoon marched behind the ashes of Bob Doyle from the Garden of Remembrance on Parnell Square to a celebration of his life held in Liberty Hall. The indymedia feature includes video and photos of the event, including the procession down O’Connell [...]

Dollars & Sense | The Dull Compulsion of the Economic
Dollars and Sense supports David Harvey in his arguments with economist Brad De Long, saying that the kind of “identities” put forward by neoclassical economics are no longer in place. Also:
“One thing that Marx does point us in the direction of, though, is, of course, [...]

Bank guarantee likely to deal a crippling blow to the economy | Morgan Kelly

A blistering analysis from Morgan Kelly on the consequences of the government’s decision to guarantee all Irish bank debt without making an adequate attempt to find out what level of debt exists.

“In my view, the Government has made insufficient effort to estimate [...]

Mike Whitney |Geithner’s Coming Out Party
Whitney on US Treasury Secretary Timothy Geithner attempt to outline a plan to rescue America’s banks. Except, according to Whitney, it was just blather:
“Geithner knew exactly what he had to say on Tuesday, but hemmed and hawed and avoided the central issues like the plague. He provided no new details [...]

Every Consensus Must End | The Baseline Scenario
Simon Johnson on the new ideas going around about how to fix banking, but makes an important point about the negative impact of banks that are too powerful on the political economy:
“The banking lobby has become too powerful, in large part because big banks have balance sheets that [...]

Sinn Fein and the Politics of Left Republicanism
Sinn Féin Dún Laoghaire activist and Ard Comhairle member Eoin Ó Broin will launch his new book, Sinn Féin and the politics of left republicanism, in Dublin on Monday February 16th in the Pearse Street Public Library, 138-144 Pearse Street, at 6pm. The event will be chaired [...]

David Harvey | Why the U.S. Stimulus Package is Bound To Fail
Thorough article by Harvey on how the current measures will not work because they don’t take account of the geographical/spacial aspect of capital:
“If China uses more of its financial reserves to boost its internal market, as it is almost certainly bound to do for [...]

Lessons From Japan in Stemming a Crisis | NYTimes
Very useful summary of Japan’s ‘lost decade’ (and its zombie banks) and how the US, by avoiding nationalisation to resolve its banking crisis, is making the same mistakes. Lessons for the Irish government here too.