Economic Incentives

A previous post showed that total debt in Ireland is probably around 325% of GDP or 390% of GNP.   This is an unsafe level of debt and, at ...

A previous post showed the increase in private sector loans from 2003 until its peak at the end of 2008.  This showed that the level of pri...

The following quote has generated a lot of response in the past week: “What happened in our country was that people simply went mad bor...

We have considered the change in consumption recently. See here .  Consumption in 2010 was down nearly 12% on the level recorded in 2007.  A...

This graph follows from a discussion to an earlier post on whether the Irish recession can be classified as a “demand-side recession”.  The...

The issue of mortgage debt forgiveness has come front and centre again.  The last time we looked at this was when 11 economists proposed a h...

This has been some criticism recently of the revised elements in the Memorandum of Understanding which forms the basis of the EU/IMF deal. ...

The Central Bank have released the Credit, Money and Banking Statistics to the end of October. (Release here , data here ).  A couple of tre...

One of the most commonly used measures of the “bubble economy” in Ireland was the expansion of private sector credit in Ireland.  This is th...