Thursday, May 24th 2012
Anne Enright | Ireland’s Recession
From the most recent London Review of Books, Irish novelist Anne Enright provides a sort of diary of Ireland’s recession.
Telling the truth was, in the circumstances, not just boring, it was also unlucky, hexed, taboo. It might even be unclean. Careless talk costs jobs. If the bubble burst it would be [...]
New Data on Residential Mortgage Arrears and Repossessions | Financial Regulator
The Financial Regulator today published new data on mortgage arrears and repossessions. The data show that as at end September 2009 there were 791,634 private residential mortgage accounts to a value of €118.6 billion. Of these 3.3%, were in arrears for more than 90 days [...]
Professor Terry McDonough made an interesting point at the recent TASC conference when he pointed out, using the US experience during the Great Depression, that a statistical end to economic decline doesn’t mean an end to the recession. Let’s chart this and see what it might mean for the Irish economy. But first, let’s nail [...]
Dear Sarah
I read with interest your recent Irish Times column - ‘Nemesis for decades of cosy consensus on tax‘. I was particularly struck by the following:
‘When asked who should pay tax so that there’s enough money to fund the most generous social welfare payments in the EU, we are back to - you’ve guessed it [...]
I had intended to treat each of the offerings in the Irish Times ‘What is to be Done’ series individually, hoping that they would provide us with new, innovative ideas. Boy, did I call that wrong. Jobs are being lost, enterprises are closing, our GDP is contracting, confidence is being lost - and all we [...]
