German finance minister Wolfgang Schäuble, Luxembourg’s finance minister Pierre Gramegna and eurogroup president Jeroen Dijsselbloem: forgiveness of debt has been a great boon to Germany. Photograph: Stephanie Lecocq

For most of human history the moral opprobrium associated with credit was attached to the lender, not the borrower. Aristotle and Plato poured scorn o(...)

  The Mark and the Void: “By the end of reading William D Cohan’s House of Cards you feel like you’ve been trapped in a lift with six Monty Burnses,” says Paul Murray. Photograph: Cyril Byrne

Most people loved Paul Murray’s novel Skippy Dies. The energy of its cast of impulsive adolescents, the exuberant detail of its school setting, the fi(...)

 Officials close to Angela Merkel in Berlin were more restrained than usual in their efforts to spin expectations ahead of the looming Brussels meetings. Photograph: Emmanuel Dunand/AFP/Getty Images

Germany has insisted that it sees no future for EU assistance for Greece without the participation of the International Monetary Fund (IMF). Amid repo(...)

Thomas Piketty: “Euro zone finance ministers have been meeting every other week for the past four months to discuss Greece, and nobody knows what they’ve done or what they are talking about. We are just losing time.”

France’s best known economist is more worried about a Grexit than a Brexit. In a wide-ranging discussion with the Anglo-American Press Association in (...)

The late Brian Lenihan, who was Fianna Fáil minister for finance in 2009.    Photograph: Matt Kavanagh

2009 will go down as one of the darkest chapters in Irish economic history. It started with the decision to nationalise Anglo – an admission, if th(...)

A European Union (EU) flag, left, flies alongside a Greek national flag beneath the Parthenon temple on Acropolis Hill in Athens. Photograph: Yorgos Karahalis/Bloomberg

Thomas Piketty, the French economist whose 2013 book on wealth inequality became an international bestseller, said he sees a risk of politicians in th(...)

 Jeremy Clarkson: the former Top Gear television presenter  is another member of the 1 per cent who get to walk away with most of the cash. The producer whom he allegedly assaulted is almost certainly not a member and probably will never be. Photograph: Koen Van Weel/EPA

What links Jeremy Clarkson, the rise of the robots and economic inequality? An unkind observer might say that the connection is all too obvious but th(...)

Concern over the gap between rich and poor isn’t new. But ever since French economist Thomas Piketty became compulsory reading for world leaders, t(...)

Report by economic think-tank Tasc is likely to pose fresh questions over definition of “squeezed middle”. Photograph: Getty

The income share of the top 1 per cent in Ireland – those with incomes of more than €200,000 – has almost doubled since the 1980s, new research sugge(...)

Tasc research indicates State  now the most unequal country in the EU when it comes to how the economy distributes income. Photograph: Getty Images

The gap between rich and poor is on the rise with more than a third of all income concentrated in the hands of the top 10 per cent of earners, new res(...)