Why negative interest rates are mad, bad – and dangerous

The article published in the spectator by Connect Speakers Bureau economist Liam Halligan is very revealing. Central banks’ latest wheeze may not boost growth, but it will have plenty of other consequences Liam Halligan 27 August 2016 What should we think about negative interest rates? What kind of Alice in Wonderland world are we living in when companies and households …

Ireland’s Recovery has Nothing to Do with Austerity

Voters headed to the polls this Friday should take heed: The Celtic Tiger got its groove back despite – not because of – the EU and IMF’s advice. by Philippe Legrain February 24, 2016 After years of crisis, austerity, and wage cuts, Ireland’s economy grew by 7 percent last year, faster than China’s. With a general election on Feb. 26, …

Vortex of Turmoil, Vacuum of Power

By John Sitilides – Washington Post – Sunday, June 5, 2016 ANALYSIS/OPINION: At the core of NATO’s southeastern flank and the nexus of the Middle East, North Africa and Southern Europe, the eastern Mediterranean region a half decade ago was relatively serene. Egypt, Libya and Syria were ruled by enduring dictators. Turkey’s falling out with Israel had been triggered by …

This is Just the Start of the Brexit’s Economic Disaster

By PHILIPPE LEGRAIN – The NY Times – 26th June 2016 Experts are, of course, known to make mistakes. But in this case, the people who voted for Brexit will pay a big price for ignoring economic expertise. The harmful effects of this vote are both immediate and lasting. Britons are already worse off. The pound has — so far …

Trump’s 19th Century Foreign Policy

His views aren’t as confused as they seem. In fact, they’re remarkably consistent and they have a long history. Thomas Wright wrote this article for Politico Magazine in January 20, 2016 – it received 4.5K shares so I thought it was well worth sharing here. One of the most common misconceptions about Donald Trump is that he is opportunistic and …