A pick-up in consumer spending has been forecast consistently for more than a year but has yet to appear.

Some time ago, economist and columnist John Kay examined the record of 34 British forecasters over a seven-year period. His analysis revealed two thin(...)

Irish Times columnist Noel Whelan and Frank Flannery   at the MacGill Summer School in Glenties.  Flanery warned that Fine Gael Ministers Ministers tend to be  captured by the civil service and become more and more detached from the public the longer they remain in office.  (North West Newspix)

The message emanating from the last Cabinet meeting before the summer break on Wednesday was clear: as far as the Coalition is concerned the era of(...)

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.(...)

Minister for the Environment, Community and Local Government Phil Hogan.

Making laws to give effect to what are, indisputably, policies is not what governments usually do. But the impact of climate change is an excep(...)

“The Department of Finance, the Central Bank and the Fiscal Advisory Council devote an awful lot of precious public sector resources to economic forecasting. Just stop.” Photograph: Frank Miller

Freud described our ability to stage major battles over relatively minor disagreements as the “narcissism of small differences”. He would have (...)

 Minister for Finance Michael Noonan: endorsed demand for €2 billion budget adjustment.  Photograph: Eric Luke

The Department of Finance is pushing back against the clamour for a softer budget next year as the economic recovery picks up. In a fisca(...)

Taoiseach Enda Kenny and Tánaiste Eamon Gilmore present their progress report at a press conference at Government Buildings this afternoon. Photograph: RTE.ie

A little like the Iraqi elections during Saddam Hussein’s reign with an 100 per cent turnout and 100 per cent voter approval, the Coalition has(...)

Ajai Chopra, of the International Monetary Fund, photographed in Dublin. Photograph: Eric Luke

At a recent Dáil committee meeting, Donal O’Donovan of the Irish Fiscal Advisory Council said the end of recessions such as the one Ireland has bee(...)

Minister for the Environment Phil Hogan said some revisions need to be made to the Climate Action and Low Carbon Development Bill.

Long-awaited legislation on climate change will be published by Easter, Minister for the Environment Phil Hogan has said.Mr Hogan has told the Parliam(...)

The report has suggested several changes and additions to the climate action legislation, which is being sponsored by Minister for the Environment Phil Hogan.   Photograph: Eric Luke

The independent body scrutinising Government performance in meeting climate change obligations must be as robust as the Fiscal Advisory Council, a (...)