Automobiles, e-commerce and immigration

This week’s recommended reading and some latest stats and facts… First up, some research: Economists almost always decline to involve themselves with the specifics of particular industries and goods, preferring instead to talk about widgets and other abstractions. However, that’s not very realistic when you look at economic history or think of, for example, the […]

China, the EU (Greece), the US and the economics of paying for news online

To my shame, my Recommended Reading section on the blog has fallen somewhat by the wayside of late. While I can’t promise I’ll fully rectify that overnight, I can do my bit here and now. Without further ado, here are ten articles on the world economy that I’ve found interesting in the last week: From […]

Teacher performance, class size? Does it even matter?

I came across this excellent review and discussion, by Andrew Leigh of economics.com.au (a great site) of a very interesting paper on education performance (by Brian Byrne of the University of New England), during the summer. Essentially, it uses that treasure trove of the social scientist – identical twins – to attempt to measure the […]

Environmental Pillar workshop on NAMA, the Irish property market and economic sustainability

From one EP to another! Following Electric Picnic at the weekend, which featured Leviathan political and economic discussions as well as more food stalls and music acts than you can shake a stick at, today it was back to business and off to another type of EP altogether. That was the Environmental Pillar, part of […]

From property taxes to Ireland in 2020 – a foray into vlogs

This post outlines the content of a video discussion between myself and Karl Deeter. Topics included everything from property tax to how to price services like water and roads. Karl and I nail our colours to the mast by making specific predictions about population, unemployment and output per capita in Ireland in 2020 and we wrap up with a VoxPop in Dublin on Ireland’s economic future.

David Begg on the Devaluation Consensus & responses

This post outlines David Begg’s op-ed in the Irish Times today, challenging the ‘Dublin Consensus’ on the necessity of a real devaluation and public expenditure cuts, and some of the principal reactions online so far, including the Irish Economy and thepropertypin.

Understanding deglobalization – measuring tariffs and enabling trade

With trade falling faster than output, the world is – in a technical sense – deglobalizing to some degree. In truth, though, it represents less a conscious choice made by consumers in one economy to switch to domestic produce and instead reflects the highly integrated nature of product markets. A cause of concern, however, would […]

It’s so cold and it’s so broken, Board Snip Nua!

I’ve always had a soft spot for song parodies, as longer established readers of the blog will probably ruefully attest. My last foray into this territory with my economic hat on was “Brother, Can you bail out my bank?” in the midst of our global financial excitement last Autumn (although I did try my hand […]

Links, including housing, productivity, happiness and innovation

Some reading for today, mostly people being impressed (or not) with other people’s work!

Asking prices down 20% in a year: Daft.ie House Price Report

The latest daft.ie House Price report was released this morning. It shows that asking prices have fallen 5.7% in the last three months and by almost one quarter since their 2007 peak. New figures on time-on-market are showing a growing gap between urban and rural markets, with properties in Dublin in particular falling more and moving faster and in greater numbers.

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