Patrick Honohan, governor of the Central Bank of Ireland: “the recovery in economic activity is showing a somewhat stronger trend overall than previously signalled”. Photograph: Dara Mac Dónaill

The language used by central bankers is usually terse, always reserved and, for the most part, cautious. Lucrative financial market career paths lie i(...)

Despite the swooning over French economist Thomas Piketty, little of his analysis and conclusions on income inequality actually apply to Ireland. (Photograph: Ed Alcock/The New York Times)

If you are ever unlucky enough to be spending some leisure time with an economist, a way of livening up the proceedings is to challenge him or her on (...)

It is surely not beyond the wit of Brussels to devise policies that boost regional capital spending while keeping a lid on the more fiscally irresponsible ambitions of local politicians. Photograph: Reuters

Mixed messages from economic data are nothing new. Anyone looking for a steer from the most recent run of numbers will be forgiven for being confused.(...)

IMF managing director Christine Lagarde. The organisation is about to downgrade its economic forecasts for global growth this year

Patience, we are often told, is a virtue. The main reason why sustained global economic growth began only 250 odd years ago was that there was no way (...)

To argue that we need to be “another Canary Wharf”, displays both poverty of imagination and a lack of understanding of the businesses that are based in London’s docklands. Photograph: Jason Alden/Bloomberg

For many businesses, first-mover advantage is everything. Entry barriers come in many shapes and sizes but few work better, or for longer, than simply(...)

 European Commission vice president in charge of the digital agenda, Dutch Neelie Kroes,  has driven the most recent tariff reductions. Photograph: Olivier Hoslet/EPA

It is usually at this time of year that stories appear about some poor soul unwittingly incurring huge mobile phone roaming charges while on holiday. (...)

Economist Thomas Piketty speaking at the recent Tasc conference in Dublin. Photograph: Aidan Crawley

Fans of capitalism are a vanishing breed. In the wake of the great financial crisis, few people are willing to put their heads above the parapet to de(...)

The European politicians gather in Paris for an informal meeting with French president Francois Hoillande (centre).

The hedge fund industry is characterised by many things, not least by change. One well known City of London analyst recently described different gener(...)

Minister for Finance Michael Noonan’s budget package will carry much more political than economic significance. Photograph: David Sleator/The Irish Times

It is sometimes tempting to conclude that policy-making in Ireland is made up as we go along, and that priorities are assigned to those who shout the (...)

The risk is  the ECB will be unable to deliver a German inflation rate sufficient to offset deflation in the periphery such that the overall inflation target is achieved.

Not all recessions are the same, but they often share common features. During the post-second World War period, at least up until the global financial(...)