Ronan Lyons | Personal Website
Ronan Lyons | Personal Website

August 2010

100 ways to spend the Anglo €25,000,000,000

This joint post with Brian Lucey examines one hundred different ways of spending the €25bn that the European Commission approved last week for the Irish government to spend on recapitalising Anglo-Irish Bank. They range from the very practical (fight malaria) to the very amibitious (space elevators) to the very ridiculous (detach Cork). All of them give a good idea of just what a huge number €25,000,000,000 is! Read more

Pay bill figures show the need for public service transformation

This post reviews how the wage bill changed across different sectors during 2009, using the latest CSO figures on hours worked and wages paid. Construction and finance have their own issues, but the most interesting comparison is between the public service, where the pay bill still has not fallen, and the rest of the private sector, where it has fallen by 13%. The only sustainable solution involves connecting what public service organisations do back up with how they finance what they do. Read more