Yesterday I spoke to Dr. Nat O’Connor, Policy Analyst with TASC and a regular contributor to Progressive Economy on the phone about the TASC autumn conference in DCU this Saturday. Nat explains how the perspective of TASC and those of the speakers differs from the more mainstream economists and commentators whose solutions on how to resolve Ireland’s economic crisis have dominated the debate in the media so far. Nat went on to talk about NAMA, and about how much of the detail in the discussion so far has concentrated on the technical questions, around valuations. However, there is a reluctance to talk about the broader social implications of NAMA which due to the considerable burden of debt in the years to come, will inevitably impact on the sort of services the state can provide.
In the second part of our podcast I also spoke to Michael Taft, who’s Recession Diaries are widely read here and on Notes on the Front. Michael also contributes to Progressive Economy and will be speaking as part of a panel discussion in the afternoon session of the conference. Michael talked to me about Fianna Fail’s economic strategy in a Keynesian context, suggesting that the deflationary strategy is effectively introducing ‘negative multipliers’ into the economy which will result in stagnating job growth in the medium term.
Thanks to Nat and Michael for talking to me. I apologise for some sound interference on the recording, mainly in the first interview. I still have a little bit to learn about doing phone interviews.
The full program of the conference is available here.
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