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Economy
142 posts
Can the US and China end their trade war?
Trump’s “easy to win” trade war drags on despite intensive efforts to make a deal The US-China trade…
“Leprechaun economics” creates fictitious growth
Suspend your sense of disbelief – Ireland's economy “grew” by a staggering 26.3% in GDP in 2015.
Statistical veneer of recovery covers reality of stagnation
The article was originally written in the middle of February 2015 as part of the pre-conference discussion of…
Damning report on inequality
By Diana O’Dwyer A new report by TASC shows that Ireland has the worst ‘market income’ inequality in…
Obscene wealth: Richest 1% owns 48% of world’s wealth
The Oxfam report on global wealth distribution which has been published this month exposes the massive wealth inequality which exists today, and the poverty which the vast majority of the world’s population lives in.
Global capitalism’s troubles will impact on recovery
In its recent World Economic Outlook report the International Monetary Fund (IMF) more than doubled its growth estimate for the Irish economy in 2014 – from 1.7% to 3.6%
The Double Scam
"Double Irish" means Google pays 0.14% in tax.
Housing crisis: Establishment parties to blame
A series of articles that have been carried in the mainstream media recently have exposed the human face of the growing housing crisis in Dublin and other urban centres across the state.
Review: Capital in the Twenty-First Century – Thomas Picketty
The serious strategists of capitalism vaguely recognise that the future of capitalism is threatened by growing inequality. When the head of the IMF and the governor of the Bank of England join in the chorus demanding 'something should be done' or 'stability' will be threatened, it is clear that fear of strikes, revolt and revolution is growing among society's elite.
Department of Finance ‘cooking the books’ on corporation tax
Technical Paper Author, Seamus Coffey has previously estimated ‘implicit corporate tax rate’ as 8%. Paper itself admits ‘implicit tax rate’ of 5.9% in 2012