The Revenue Commissioners have produced some interesting data relating to incomes over the period of the recession and the beginning of the recovery. What’s noteworthy is the reversal of fortunes…
Just a few quick thoughts on the Summer Economic Statement released Tuesday. 1. €900 million won’t be Spent In the name of preventing ‘over-heating’ the Government is not going to spend…
People are rightly questioning whether the measurement of national output– GDP –actually measures the real worth of economic activity. President Sarkozy even set up a commission – the Commission on…
The Government is planning to introduce a Rainy Day fund – a fund to be used when the economy starts to slow down or enters a slump. This sounds very…
Is the economy over-heating? Are we reaching full capacity? Are we in danger of slipping into heighted inflation and balance of payments deficits? The problem is we may not know…
Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU