The RTE Prime Time programme last night contained some of the most misleading (to put it mildly) presentation of facts and subsequent analysis to have been aired in a long time. Make no mistake about…
Monthly Archives For February 2009
Revealing Assumptions of Former Civil Servant
As a welcome to the new TASC economic blog progressive-economy@tasc and to acknowledge the first year of Irish Left Review all this week we are publishing one post every from the new blog. Today is…
Pay cuts are neither a panacea nor even a help for Ireland’s economic problems
As a welcome to the new TASC economic blog progressive-economy@tasc and to acknowledge the first year of Irish Left Review all this week we are publishing one post from the new blog. Today is a…
Failed Banks for Dummies
The above is a graphical representation of a failed bank. The liabilities consist of deposits, which are promises the bank has made to pay out cash on demand to depositors. We can treat this as…
Ireland is Bankrupt. Now Let’s Get Over It
Goodbody Stockbrokers is predicting a decline in GDP this year of 6% unsettling public finances. Irish Nationwide has been downgraded by Moody’s to one notch above junk. Ireland is bankrupt. More specifically, its financial institutions…
February 20 Lunchtime: The Recession Diaries
Cathal O’Loghlin has done the readers of my Notes on the Front blog a favour by putting up his Irish Independent article in the comment section yesterday (I’m assuming the poster ‘Honest Cathal‘ is the…
The Other Civil War for Golf
Is Very Beautiful. And Not a Peasant to be Seen Anywhere Everyboth of my readers is knowing by now that the main reason for fighting the Civil War in Spain was being to save Christian…
February 19th Morning: The Recession Diaries
Can you feel it? Brian has dinner with Sean and Co. Was one of the Anglo-Irish 10 there breaking bread with the Taoiseach-elect? And Senator Dan Boyle signals a wobble on the part of the…
Everywhere in Chains
George Orwell once said something along the lines of just because the news about the Gulags appeared in the Daily Telegraph, it didn’t mean it wasn’t true. The blurb on the front of Marcus Rediker’s The…
‘Zombies stalk a dead Republic’: Wallets full of Blood: Houses on the Moon
“An aristocracy in a republic is like a chicken whose head has been cut off; it may run about in a lively way, but in fact it is dead.” Nancy Mitford Amidst the collapse of…
February 17 Evening: The Recession Diaries
There will be a variety of slogans on placards on the National Demonstration this Saturday: There is a Better Way • Bail Out People, Not Banks • Punish the Corrupt, Not the Victims • Workers…
February 16th Afternoon: The Recession Diaries
‘You do not get it. You are stupid. Do not demonstrate. Do not remonstrate. You are interfering in things you do not understand and you are making matters worse. Go back home. Sit down. Shut…
February 13th Afternoon: The Recession Diaries
One in four people you pass by on the street today have stated they would vote for Labour if an election were held today (well, not exactly – 17 percent opted for Labour, the 24…
February 12th Morning: The Recession Diaries
I don’t say this very often but here goes. Fine Gael has put forward a very positive proposal regarding the banking crisis; and once teased out (and implemented) could see us jump free of this particular crisis…
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Dublin Opinion
- Notes for a Book on Money and the Irish State - The Marshall Aid Program April 2, 2016Ireland’s Economy: Radio Eireann talks on Ireland’s part in the Marshall Plan. Dublin: Stationery Office, 1949 [official/government publication] NLI: OPIE X 26.A Forward by the Taoiseach Mr. John A. Costello S.C., T.D. (pp.1-2) Since its inception European Economic Co-operation has done much towards restoring European economic solvency and has challenged the forces which have been […]Conor McCabe
- The Financial Crisis:What Have We Learnt? August 29, 2015I start teaching a level one (introduction level) module in UCD Monday Week on the Financial Crisis. As always, I’ll post what I can here to share it with activists and progressives. This is a short audio I’m putting up for the students to give them a sense of where the module is coming from. […]Conor McCabe
- Money in 35,000 Words or Less August 22, 2015I’ve been asked to write a short book on money. The manuscript is due in the end of April 2016. As with most things I do with political economy and education I’ll be posting stuff here as I go along. I just find it an interesting way of working through ideas, concepts and analysis. Anyway, […]Conor McCabe
- THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER January 30, 2015I’ll be writing more about this at the weekend but I think this is a good standalone clip from evidence to the banking inquiry given by Prof. Ed Kane on Wednesday 28 Jan 2015. He was asked by Deputy Pearse Doherty to elaborate on the statement below which was made in a paper that […]Conor McCabe