Multinationals obscure our strong indigenous performance

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By Cormac Lucey A century ago, the North was the economically advanced part of the island. This helped unionism mobilise against nationalism: opposing a united Ireland didn’t just involve rejection of Rome rule; it was also a renunciation of economic backwardness. In the ensuing hundred years, and particularly over the past 30 years, the relative economic situation has completely reversed. This … Read More

Italian populism could soon cloud our sunny outlook

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By Cormac Lucey Humans adapt quickly to changed reality and soon take it for granted. Spring replaces winter, and we feel that life should always be like this. We almost forget the experience of winterish conditions, or that in a few months they will return. Similarly, when strong economic recovery replaces a brush with economic depression, we take the positive … Read More

Precarious employment: when those who earn least take the greatest risk

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By Cormac Lucey The foundation stone of modern financial theory is the capital asset pricing model. This argues that the greater the volatility of an investment, the higher the return that investors should seek to compensate for risk. Modern employment practices are turning this principle on its head. Today it is often those who are paid least who face the … Read More

Our complex housing crisis is worsened by a sense of entitlement

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By Eamon Delaney     in The Times.ie Our current housing crisis has the potential to consume and divide our political landscape, for years to come. It’ll be just like the water controversy, except even more so, as that impasse was ended suddenly when the establishment basically gave in and surrendered to the public protest. Fine Gael wanted to stay … Read More

Budget 2018 – We Need Tax Relief for Working Families

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Political Debate Must Be Based on Factual Analysis At the 2011 General Election, the main political parties indicated that tax increases would represent 27-42% of budgetary austerity, with spending cuts making up the balance. Official government data indicates that tax increases constituted 42% of budgetary adjustment over that period. Correcting for misclassification (of tax/revenue increases incorrectly classified as spending reductions) … Read More

Gardai need to lose their special victim status and modernise

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By Eamon Delaney One extraordinary aspect about the ongoing crisis in our Gardai force is the fixation on management and the eagerness to exempt the Garda rank and file from being part of the problem. Our politicians rightly praise our Gardai for their service and frontline bravery, but let’s be honest : it wasn’t Noirin O’Sullivan who willingly did all … Read More

How Michael O’Leary could transform Irish politics

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  By Paul Molloy Could Michael O’Leary run for the Dail, win a seat and in a short time build a Dail majority and become the Taoiseach ?. Emmanuel Macron has proved it possible; amazing, because he did so in a country with a population of 67 million. Why do I believe Taoiseach O’Leary is possible? Firstly, because he has … Read More