Monday, May 21st 2012
Ireland austerity economy: Is Ireland, with its sharp spending cuts, model or cautionary tale? | LA Times.com
Michael Burke provides a more succinct remedy in this LA Times article on the Irish economy.
"Officials in Ireland say the payoffs from their austerity plan are gradual, designed to put the country of 4.5 million people on more [...]
FT.com | Oaktree set to take control of Irish housebuilder
As long as the Irish property market remains structured to allow for speculative building Irish building firms will remain an appealing investment opportunity for roving internation equity firms to plunge capital into. According to yesterdays FT:
"Oaktree Capital, the US private equity group, is in talks [...]
I return again, like a dog to a buried bone, to the subject of the Grey Party (sorry Green Party). I took the opportunity, recently, of republishing their 2007 manifesto lest it be forgotten, and among its declarations was the Grey Party’s determination to:
‘Ensure the delivery of 10,000 social and affordable housing units a year [...]
There have been esciting developments in the world of Spanish aviation which not many of you will have read about unless you subscribe to the Daily Mail, which is never cease to go on about bloody Spanish air traffic controllers. Visitors to Spain, tourists, foreingers, businessmen, decent people, those with private income, holidaymakers, and drug [...]
FT.com | The crisis of middle-class America
FT meets the Freemans….
"The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exacerbated the “personal recession” that ordinary Americans had been suffering for years. Dubbed “median wage stagnation” by economists, the annual incomes of the bottom 90 [...]
Do not be confused. The Government’s recently announced increase in electricity prices through the Public Service Obligation levy (PSO) is a tax, pure and simple. And it’s a very bad tax.
The PSO levy subsidises electricity suppliers who are required to purchase electricity from renewable and peat-generated sources. This is because the costs of electricity from [...]
I have linked two posts:
(1) Rupert Read: The philosophical and political implications of ‘The Spirit Level’
For me as a philosopher, the thing about The Spirit Level that is most exciting is that as a study of the pervasive harms of inequality it strongly suggests that John Rawls’s ‘difference principle‘, which says that inequalities are [...]
1848 » Maybe the Roma need their own Love Parade to get the EU to notice them
Perhaps we could be accused of an excess of cynicism, but us hacks in the Brussels press corps regularly roll our eyes at the European Commission’s opportunistic penchant for putting out nigh-on-identical statements of condolence whenever [...]
