For those of us whose bedtime reading is the latest thriller from the Central Statistics Office, it has been clear for some time that the Irish econom(...)

In the 1820s Ireland had an impressive system of primary education in spite of its relative poverty. This system had developed independently of the (...)

Classical economics was built around the notion that people’s behaviour responds to prices in a way that makes markets work. While price does influenc(...)

After seven years of tough cuts in public expenditure and increases in taxation we are, hopefully, at the end of the process of adjustment. This do(...)

John FitzGerald  gave the Banking Inquiry an insight into the mindset of the top brass at AIB in 2006, which  it seems had its own concerns about the Irish economy at that time. File photograph: Bryan O’Brien/The Irish Times

John FitzGerald’s four-hour appearance at the Oireachtas Banking Inquiry shone a light on how the ESRI, the country’s main economic think-tank, goes a(...)

John  FitzGerald was of the view that  concern over stress tests emanated from the board of AIB. “This would not have happened unless there was very senior buy-in [at AIB].” File photograph: Alan Betson/The Irish Times 2:06

AIB approached the ESRI in early 2006 to see if the thinktank would carry out a stress test of the bank’s balance sheet as it felt that a similar exer(...)

John Fitzgerald, research affiliate at the ESRI, said that the ESRI did not draw the connection between the growth of a property market bubble and the risks to the Irish financial system. (Photograph: Alan Betson / The Irish Times) 2:06

The ESRI failed to forecast the financial collapse in 2008, economist John FitzGerald told the Oireachtas Banking Inquiry today.He said the ESRI did n(...)

North Sea oil rig: The recent oil price collapse is primarily due to an increase in supply. Photograph: Kristian Helgesen/Bloomberg

One of the more favourable economic “surprises” over the past six months has been the fall in oil prices. Already the gain is clear to anyone who has (...)

For half a century the attraction of foreign investment to Ireland has been a key feature of the Irish development strategy. It has proved successful,(...)

Writer Martina Devlin, facilitator Ciaran Carty and author Xiaolu Guo judging the 44th Hennessy literary awards. Photograph: Alan Betson
The latest Hennessy nominees

The new year heralds a new home for New Irish Writing, the renowned literary page that has discovered many of Ireland’s leading writers. Launched b(...)