As one of Ireland’s leading economic commentators, David recognises the pivotal role of Economics in all of our daily lives and it is his aim to make the ‘dismal science’ as captivating and accessible as possible.
David writes a weekly column for The Irish Independent, though he also regularly contributes to a variety of other publications, from The Financial Times to Woodford Investment Management. Now, as a Silver Member or a Bronze Plus Member of Economics Without Boundaries, you can stay up to date with all of David’s latest insights with these members only articles, delivered to your inbox every Wednesday.
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...read more
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 this might be the greatest platform for […]
I’m writing to you from 33,000 feet somewhere above the Midwest of the United States on a flight from Havana to Toronto. Below is flyover America. These are the states that voted for Trump, driven by amongst other things a fear of China. On this Air Canada flight...read more
Ireland has flexed its muscles on Brexit, and this is serious. Until this past weekend the British were ambling along saying the border wouldn't be an issue. However, if the UK leaves the custom's union, there has to be an EU border in Ireland. The British were...read more
The other night I was online paying something via Internet banking and it struck me how normal it was now to have a bank account but have absolutely no contact with the people who work in the bank. It also struck me how simple it has been to eliminate so many “good”...read more
All around the country tens of thousands of people are fed up today. The daily commute – already a pain - has been disrupted by the striking train drivers. On the airwaves we hear of the drama playing out between the various sides getting on their high horses and...read more
This is a great week for Ireland. The ESRI has just published a new report on the massive population growth expected in the country over the next few years. Population growth is something to be welcomed – it means things are going in the right direction. The main...read more
I’m in row 11 C of the 15:50 Aer Lingus out of Heathrow. I’ve missed the hurricane, but it’s still a bit too wobbly up here for my liking. The pilot, who sounded disturbingly like Ross O’Carroll Kelly, promised a smooth journey. At least he has a sense of humour! I’m...read more
Do you remember the break up of Yugoslavia? At first people said it could never happen. Yugoslavia had been a federation since the First World War, it had Europe’s biggest standing army, it had been the ballast between East and West and yet it disintegrated in...read more
Last night the “Paris Match President” Emmanuel Macron made a significant speech about the future of Europe. In it he sets out France’s vision for the next generation. This is hugely significant for Ireland. His speechwriters must’ve been up late as the German...read more
This week my thoughts are less on economics, and more on management, ethics, and what happens when management goes bad in both public and private sectors. Two Irish institutions have had a seriously bad week and both crises are instructive. The first is with An Garda...read more
Is the Irish property market a bubble? It is not now but it will definitely become one. By Ireland I mean Dublin. Today we were told that Dublin property prices were up over 12% on the year. This is the second highest annual rise ever recorded. So we are in the bubble...read more