Tuesday, Mar 16th 2010
Ever get that sinking feeling - like your tied down to the railway tracks and the train is coming around the bend? And your rescuers - they’re actually waving the train on. Yes, in times like these it takes a brave soul who can kick back and party.
In recent days we have been [...]
The late, great monetary economist Hyman Minsky (1986:110), quoting Nobellist James Tobin, once wrote of economics theory that:
“the terms in which a problem is stated and in which the relevant information is organised can have a great influence on the solution”.
Minsky goes on to write:
“But the way the problem is stated and the identification of [...]
The newspaper articles read like war reports - from the economic front-line on which we are all trapped The new CSO figures on unemployment confirm this. Already, leading economists are suggesting the jobless rate could exceed 12 percent by year’s end, making projections made only last week already out of date.
It’s depressing enough [...]
During the unkind years of the neo-liberal consensus, which were dominated by the free-market/small-government/low-tax/eat-what-you-kill/greed-is-good mentality that pretty well everyone now recognises to have been a failure, it was exceptionally difficult for the Labour party in Ireland to promote itself as anything more than ever-so-slightly left-of-centre without fear of electoral annihilation. Though it battled away manfully, [...]
Do the findings of the TASC survey, The Solidarity Factor - Public Perceptions of Unequal Ireland, published this week, represent a paradigm shift to the left among Irish adults, particularly among wealthier people?
According to the survey of 1000 adults interviewed in April this year, 70% believe wealth distribution in Ireland is unfair and 80% are concerned [...]
In a letter to the Irish Times on the 16th of August written in response to Denis O’Brien’s opinion piece in that paper prescribing what the Irish government should do to rectify the downturn in the economy, Macdara Doyle of the Irish Congress of Trade Unions wrote the following:
“Madam, Not even the combined [...]