Friday, Jan 27th 2012
The Punishment of Sloth | Electric Vampires
Hugh Green goes to some length to talk about General Electric, the move from earning profits through manufacturing to earning them through finance, even for companies like Ford, GM and GE, the unholy alliance between the professional managers and the shareholders of these corporations, the mega buck salaries for [...]
We’d like to welcome an excellent new blog, Philip Pilkington’s Fixing the Economists, which aims to provide a view of international economics from an Irish perspective to the Irish web-oh-sphere. Just cross-posting this from his blog today to give a flavour.
In 1919, just after WWI, the great British economist John Maynard Keynes published a [...]
On Friday 22 October RTE will announce the winner of Ireland’s Greatest. Each of the five finalists were the subject of hour-long documentaries, broadcast from September onwards.
Michael McDowell made the case for Michael Collins, Dave Fanning for Bono, Joe Duffy for James Connolly, Miriam O’Callaghan for John Hume and David McWilliams for Mary [...]
As we enter a winter of searing discontent, the prognosis is bleak. While the government continues to funnel truckloads of cash into the gaping maw of our banking sector, the rest of us have to prepare for a slash and burn raid on our public services, together with an increase in our taxes and corresponding [...]
This meeting today between Fianna Fail, The Green Party, Fine Gael and Labour is difficult to fathom. Reading reports you get the feeling that the media is reporting from the other side of the looking glass, describing a world filled with Mad Hatter’s Tea Parties and other surreal events:
The framework itself is the most unreal [...]
Michael Meacher MP » Blog Archive » Beware the small print
Will UK Govenment cuts bring on era of Children of Men? ask Meacher
"Cutting public spending by £83bn within 4 years and eliminating the entire £109bn structural deficit within a single 5-year Parliamentary session is the most ambitious Tory attempt yet, Mrs. Thatcher not excluded, [...]
Richard Murphy | Tax Research UK
Richard Murphy quotes Jonathan Freedland in the Guardian:
"A quick look at the figures confirms that, until the crash hit in September 2008, the levels of red ink were manageably low. The budget of 2007 estimated Britain’s structural deficit – that chunk of the debt that won’t be mopped up [...]
Book Review: In and Out of Crisis: The Global Financial Meltdown and Left Alternatives, Leo Panitch, Sam Gindin, and Greg Albo (PM Press, May 2010) & The Enigma of Capital And the Crises of Capitalism, David Harvey (Profile Books, April 2010)
I’ve always found the economic side of Marxism to be a bit of a chore, [...]
The Taoiseach’s comments on the issue of the proposed children’s rights referendum, which may yet not take place at all, will come as no surprise to any person who has followed the issue since his predecessor, Bertie Ahern first agreed that the children of this state needed their rights enshrined [...]
Big Bad Bond Markets « Fixing the Economists
Phil Pilkington makes a point I’d like to draw on at some point.
“What’s remarkably strange is that Irish commentators often seem to accept this logic. They often call for self-imposed austerity measures which increase unemployment and damage the economy in order to please the dark gods of international [...]
