Ireland needs a new friend in Europe. But who?

Café Bazar in Salzburg may seem an unusual spot to consider Ireland’s future economic choices, but it could be a perfect place to start. After the British leave the EU, Ireland will need a new friend or a series of new friends within the European Union. This will...

Four very expensive words: “This time it’s different”

Much of today’s economic and financial discourse revolves around the impact of new technology on our lives, as if this were something new. It’s not. The repetitive economic cycle is also as old as the hills, as is speculation. If you doubt this think about the Book of...

Four very expensive words: “This time it’s different”

Much of today’s economic and financial discourse revolves around the impact of new technology on our lives, as if this were something new. It’s not. The repetitive economic cycle is also as old as the hills, as is speculation. If you doubt this think about the Book of...

Facebook, the EU and the Irish Tax Base

Facebook recently announced its decision to tax its revenues at source and not all in Ireland. This is a double-edged sword for us. On the positive side it prevents a showdown with the EU Commission, which the State wanted to avoid. But, on the other hand, if all...

Lessons from Brexit

Morning! I delayed this week’s note because the Brexit negotiations were just too important for the Irish economy. Now that they are concluded and the EU and UK can move towards phase two, what have we learned? The first thing is that if they play the cards properly...