Categories

Category: Banking and finance

Euro lacks a government banker, not a lender of last resort

12/12/2011

This article by Thomas Palley, of the New America Foundation's Economic Growth Programme, was published in the FT Economists' Forum on December 9th …

Bleeding Ireland Dry

Tom McDonnell 04/12/2011

Tom McDonnell: Great article by Karl Whelan here on the infamous promissory notes. Remember over 2% of our total GDP is going to be shovelled into …

One more roll of the dice

Tom McDonnell 24/11/2011

Tom McDonnell: There seems to be a growing consensus (finally) that only the ECB has the capacity to end the immediate crisis in the Euro zone. The …

Solving the Euro Crisis without Germany Paying More

Nat O'Connor 18/11/2011

Nat O'Connor: It seems that domestic politics in Germany are focused on dealing with a perception by German taxpayers that they are at risk of …

Embracing "Deadly Sins"

Tom McDonnell 17/11/2011

Tom McDonnell: Eurointelligence is reporting that Wolfgang Franz, chairperson of the group of economic counsellors to the German government, is …

State Investment Bank

Sean Ó Riain 31/10/2011

Sean O Riain: Michael O’Sullivan and I have an article in today’s Irish Times arguing for a state investment bank. Some links to supporting …

Martin Wolf's open letter to Mario Draghi

26/10/2011

"You must choose between two paths: the orthodox one leads towards failure; the unorthodox one should lead towards success. The eurozone confronts a …

Lender of Last Resort

Tom McDonnell 19/10/2011

Tom McDonnell: Bernard Delbecque proposes using the EFSF as a lender of last resort here. The ECB is the other plausible candidate. The lack of a …

Second Republicans versus Banana Republicans

Tom McDonnell 13/10/2011

Tom McDonnell: The latest Dublin Review of Books is out and this time we have a contribution from the always cogent Michael O'Sullivan. It's well …