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Archive for the 'Bankrupt ireland' Category


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And then I remembered Carlo Cipolla’s brilliant essay on The Basic Laws of Human Stupidity (Allegro ma non troppo pub. Critica 1992) which identified the third (and golden) basic law, which states: A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain […]

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This is a post I wrote last Friday, but didn’t finish. I had meant to get back to it, but there seemed to be so much that needed to be covered and it was about a topic, despite queeny bitching about the place, that was very much in the news, so events dear boy, blah […]

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When I first saw this image I found myself overcome with anger. The blog post in which it appeared made an argument which went beyond the rather dry academic discourse that usually accompanies economic analysis and the associated policy suggestions. Of course, the opacity of the language that economic arguments are couched in is designed […]

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The Central Bank of Ireland has gained permission to issue a one euro coin with the Queen’s head on it as part of the celebrations surrounding the official visit which begins tomorrow.
The European Central Bank gave the go-ahead last week, adding that such a move would have a positive effect on Ireland’s bond market ratings.
‘We […]

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Let me be absolutely clear on this issue: our 12.5% rate of corporation tax is here to stay.” (Michael Noonan, Minister for Finance, 10 May 2011)

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In Ireland, there has been a “silent bank run” on financial institutions for much of the last year. In February, for instance, Irish private sector deposits dropped at an annual rate of 9.8 percent. That’s largely because some depositors doubt the commitment of the Irish government to the euro. They fear that they will wake […]

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IRISH JUNK


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Yesterday evening I went to our CD rack just after dinner, and in act that is completely out of the normal rhythm of that part of the day (which usually involves ushering our kids to bed after dinner, corralling them up the stairs, marshalling them in to the bathroom to brush their teeth, and so […]

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