Lessons from Angela Merkel for Leo Varadkar

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By Cormac Lucey So Angela Merkel, the German Chancellor, is on the way out. On Monday she announced that she would not contest her party’s leadership at its conference this December. She also stated that she intends remaining chancellor until the next scheduled German Federal elections in September 2021. Time will tell whether she manages to hold on that long. … Read More

EU costs on Irish Language show how we export our illusions and hypocrisy

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By Eamon Delaney  Last week, it was revealed that the European Commission had overspent its €220 million translation budget and had to supplement the cost from other sources. One small but telling reason is the cost of translation into the Irish language, which almost nobody is listening to or even reading in Brussels, which is twice the average rate for … Read More

Our Chairman talks to Eamon Dunphy about Conservatism and international affairs

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In a wide ranging and absorbing discussion, Hibernia Forum Chairman Cormac Lucey discusses the philosophy of modern Conservatism with the veteran broadcaster Eamon Dunphy. What are the big issues in the world today? Why are so many people in the West discontent despite rising prosperity and longevity ? Is the EU a German project, even by accident? Why does the … Read More

Short-term professional politicians are unwise to drop unpopular austerity

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By Cormac Lucey Having been at the top of politicians’ priorities for the past decade, austerity is fast falling out of fashion. Our new Taoiseach, Leo Varadkar, wants to boost infrastructure with his predecessor’s rainy day fund. Donald Trump wants to stimulate American economic activity by cutting taxes. It has even been reported that a split has emerged in the … Read More

EU and ECB Continue To Kick Euro Mess Down the Road

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By Cormac Lucey, in the Sunday Times, 24 July 2016 On 19 October 2010, German Chancellor Angela Merkel and then French President Nicolas Sarkozy(pictured above, with then Italian PM Berlusconi)  announced that, in future, sovereign bailouts from the European Stability Mechanism would require that losses be imposed on private creditors. This agreement was heavily blamed for the sharp increase in … Read More

How the Light Really Gets In: The Liberal and Bourgeois Deal – Deirdre McCloskey

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Last month, on 12 May, the peerless author and classical liberal commentator  – and proud Irish American ! – Deirdre Nansen McCloskey spoke at the Free Market Road Show in Dublin. Her contributions were, as ever, an expert debunking of the myths and fallacies about ‘income inequality’ and State-sponsored wealth distribution. In the same spirit, she gave the following address … Read More

Not everyone is convinced that Irish voice in Brexit debate is loud enough to be heard

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©Bloomberg By Vincent Boland, Dublin, Financial Times, 22 May 2016 The Aviva stadium, home of the Ireland rugby team, is used to hosting on-the-pitch contests between the Irish and their Scottish, Welsh and English cousins. Last week it played host to another kind of Anglo-Irish contest — one the Irish fear they are about to lose. About 200 people gathered … Read More

EU bullies continue to ask the impossible of Greece

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By Cormac Lucey, Sunday Times, 15 May 2016 It’s déjà vu all over again for Greece. Once more, it has missed its financial targets. Once more, Greece must come up with fresh cost-cutting and revenue-raising proposals. And once more, eurozone finance ministers must meet in Brussels to decide whether Greece has come up with sufficient austerity measures for them to … Read More

Have We Reached Peak EU?

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By Cormac Lucey, in The Times, Irish e-edition, 22 Jaunary 2016 The EU migration crisis shows no signs of easing. Some worry that as many as four million refugees could arrive in Europe by the end of next year and there are moves to tear up the Dublin regulation, under which refugees must apply for asylum in the first EU … Read More