Article Category: Economics

Debt Hurricane

Jubilee Caribbean (JCaribbean) is a newly formed non-governmental organisation, born out of the bigger Jubilee Campaigns from the turn of the millennium – Drop the Debt, Jubilee 2000 and Jubilee Debt Campaign – based in Grenada, but hoping to reach out to the wider English-speaking Caribbean islands. Due to our debt situation here, in the… Read more »

Ageing, Risk and Housing in Ireland

In the early 1990s, Professor Anthony Clare addressed a Dublin conference audience of some 300 people. It was an inspiring address and among the words that resonated were the following: “‘The elderly’ are not ‘them, out there’; ‘the elderly’ are us, writ large writ later.” Pithy and fundamentally true, it is a good starting point… Read more »

Risk and Surveillance Capitalism

People are notoriously bad at assessing risk – we instinctively overestimate the likelihood of very scary events and underestimate the likelihood of familiar hazards. When this is combined with the power of gradual change, we end up collectively accepting situations that we would never rationally choose. The motorcar is the classic example: if we could… Read more »

Economics    

Nudging Ourselves to Death

Speeding Towards a New City There’s an old quip attributed to Henry Ford that no one was looking for the car to be invented; they just wanted faster horses. Even that is not true. What city-dwellers in the late 1800s had a problem with was manure. One early urban planner predicted that the biological waste… Read more »

economic_crime

Why can’t we take economic crime seriously?

David McIlroy INTRODUCTION Economic crime is a defining vice of the neoliberal age. In every direction, the poor, the weak and the vulnerable are being ripped off. The scams take several different forms. Some people are conned when they buy products and services which they want, but which carry conditions exposing them to hidden and… Read more »

Economics    

Writing the Stories of the Celtic Tiger

An interview with literature scholar Marie Mianowski Economic analysis has no monopoly on how to examine economic history. The death of the Celtic Tiger is a phenomenon that can be represented in graphs, in tables, in charts, and also in prose. Irish novelists have taken to the page to account for what life was like on… Read more »

Economics    

Framing the Tiger’s Death: How the Media Shaped the Lost Economic Decade

Henry Silke Dr Henry Silke serves as Lecturer in Journalism at the University of Limerick’s School of English, Irish and Communication and directs the school’s MA and Graduate Diploma in Journalism. Ten years on from the property and banking crash many of the same issues still set the news agenda. Property continues to make the… Read more »

Economics    

Crisis Ruins and their Resolution? Ireland’s Property Bubble Ten Years On

Cian O’Callaghan Cian O’Callaghan is Assistant Professor of Geography at Trinity College Dublin. His recent research, which was funded by the IRC, has concerned the impacts of Ireland’s property bubble and associated crisis, with a particular focus on housing. What your sandwich says about you In a well-known advert for Bank of Ireland, a young… Read more »

Republic of Opportunity or State of Insecurity?

James Doorley Introduction On the day of his election as An Taoiseach (June 14th 2017), Leo Varadkar T.D. spoke about creating a ‘republic of opportunity’.1 Although an admirable vision for the country, the evidence suggests that Irish society has a long way to go to make such noble ambitions a reality, particularly for unemployed young… Read more »

Praying in the church (Horizontal)

Justice in the Global Economy: A Theological Reflection

Introduction Justice in the Global Economy is a concise account of the crisis which humanity is currently facing: ‘We are faced not with two separate crises, one environmental and the other social, but rather with one complex crisis which is both social and environmental’ (Laudato Si’, § 139). Of particular interest is the recommendation that… Read more »

Economics