Constitutional law and disorder

On Friday morning the Germans threw the constitutional cat among the europhile pigeons by announcing that the ECB’s plan to save the bond markets of peripheral Europe, including Ireland, was unconstitutional. Yes, you read it right: any move by the ECB to save...

A la Recherche du Temps Perdu.

Even though the Pantheon in Paris is covered up for refurbishment, it is impossible not to be amazed by the majesty of it. It is where France goes to bury its great men. The roll-call of the dead is impressive, from Napoleon to Victor Hugo. Interestingly, it was right...

Not the Wolf, but the Wuss of Wall Street

Do you remember the Undertones My perfect cousin’ about a perfect, mollycoddled cousin who was the apple of his mother’s eye and got on the nerves of all the other less-than-perfect cousins? Every family has one, although I suspect the Irish weakness for...

Waiting in Vain for a Loan

Imagine the real economy in a pair of tight bottle green flairs, the likes of which you could hide a six back of Harp up. Imagine the perm, the bomber jacket and a luxurious ‘tache’. It is pure 1970s. The soundtrack is somewhere between the Bay City Rollers and Rory...

What we’ve learned from the past year — and where we are heading

Now that we are at the end of the year, here are a few things that 2013 taught us about economics, how our economy is doing and what determines where it goes from here. HOUSES AND PROPERTY PRICES This was the year the property market started showing signs of life. Two...