Brexit in name only?: the  pro-EU Brexit Facts Bus at Westminster this week. Photograph:  Tolga Akmen/AFP/Getty

Chris Johns: Detail-hating Brexiteers still don’t see the Border’s Bino potential

Leo Varadkar and Justin Trudeau. “If there are lessons from other countries I would take a glance at Canada. Another country where inequality is relatively low and where immigrants are welcomed with open arms.”

As we watch our neighbours sink ever deeper into nativism we need to be on guard for anything that sucks us into similar madness

President Donald Trump and British prime minister Theresa May.  There is no first family of kleptocrats in Britain so what is  driving policy there?   Photograph: Getty Images

Chris Johns: The forces that drove Trump’s election also prompted a vote for Brexit

Robot trading: when the dust settles the casualties will be revealed – with luck, just a few professional speculators, and owners of robots, who should have known better. Photograph: Michael Nagle/Bloomberg

Chris Johns: Algorithmic trading has played a role in recent market volatility

Tory leader-in-waiting Jacob Rees-Mogg’s attacks on the civil service reveal what Brexit is all about. Photograph: Yui Mok/PA Wire

Time has come for both sides in Brexit debate to admit they have no idea what is going on

US president Donald Trump at the World Economic Forum in Davos. “The Trump administration’s successful devaluation of the dollar is playing with fire.” Photograph: Nicholas Kamm/AFP/Getty Images

Recent boom in stock prices worldwide has taken markets into nosebleed territory

Brexit   basics: Emmanuel Macron not only repeatedly tells Theresa May what the British can’t have but is also equally clear about what is on the table. Photograph: Will Oliver/EPA

Chris Johns: The UK still doesn’t realise it can’t divide and rule the other EU members

Politically and financially it might be a good time for central banks to allow economies to grow, even if that means flirting with inflation. Photograph: Lisi Niesner/Reuters

The focus on inflation is flawed – we would all be better-served by prioritising growth

Chris Johns: the NHS is now the only institution that unites the cultural tribes of Britain. Photograph: Jeff J Mitchell/Getty

Chris Johns: Instead of rescuing the NHS, Downing Street is consumed by a tribal battle

 Confound Michael Gove, arch enemy of experts, and the rest of the Brexit hardliners, by embracing complexity and acknowledging the uncertainties. Photograph:  Facundo Arrizabalaga/EPA

Recognising complexity of housing and Brexit problems is the only way to solve them

The global economic renaissance 'was one reason why forecasts of a Brexit-induced recession in the UK proved wide of the mark'.

This year's international economic renaissance shows how forecasts are more art than science

Paschal Donohoe: Time for dark hints about tax rises and suggestions that next year’s budget will have to be as miserly as the last Photograph: Nick Bradshaw

All this talk of the economy overheating might be just that - talk

Bond yields play a significant role in where stock markets go and in the determination of house prices. Photograph: Getty Images

It is bond markets which determine what central banks can do

Whether or not the English are getting anything worth having from their annual £10bn   sub to the North is a question now being asked

Chris Johns: Ireland needs an insurance policy, and the Apple cash would do for starters

Given the typical age profile of the average Brexiteer, it is ironic that one of the more arcane details of Friday’s agreement is that most of them will be dead by the time the European Court of Justice is no longer involved in British affairs.  Photograph: Getty Images

Chris Johns: Boris Johnson must now be thinking about Dunkirk rather than D-Day

Tara Mines pensioners protesting outside Leinster House about cuts in their pensions in 2011.  Photograph: Bryan O’Brien / THE IRISH TIMES

Young Irish people are not being offered the same deal that was granted to their parents

Michael Collins in London during treaty negotiations in  October 1921. Collins, the first and last Irish politician to sign up to a hard border. Photograph: Hulton Archive

British politicians should know Varadkar has no option other than the line he is taking

The quintessentially superficial Brexiteer Boris Johnson told us that Brexit will bring Britain and Ireland closer. By definition this cannot be true

No minister is saying that in return for something in talks, the UK must give something

“The flow of corporate taxes that we so enjoy spending will one day dry up. We treat them as permanent revenues when they are so obviously anything but.”

No need to worry about economy overheating but we need to look past corporate taxes

Trumpism: Given US hostility to any kind of welfare state it is unsurprising that nativism, populism and all the other isms are so evident. Photograph: Jim Watson/AFP/Getty

Chris Johns on whether the global economic-political order is at an inflection point

Theresa May:  One of the more astonishing aspects of the Brexit process is the persistence with which the UK government keeps negotiating with itself rather than Brussels. Photograph: Reuters/Francois Lenoir

Chris Johns: The chances of no deal on Brexit keep rising with the passage of time

There is something to the dystopian vision of a world of software doing all the things that we think are immune to automation. Image: iStock

And this is why Ireland is going to need a new business model

'Hard Brexit has many implications – construction companies are going to do quite well concreting over the English countryside around Dover.' Photograph: Luke MacGregor/Bloomberg

Should the hard Brexiteers get their wish, the first casualty will be sterling

Fiscal focus: Minister for Finance Pascal Donohoe presents Budget 2018. Photograph: Alan Betson

Budget 2018: The temptation to spend now and worry later nearly always wins

Delegates carrying pro-Brexit bags at the annual Conservative Party conference. Photograph: Carl Court/Getty Images

Driven by the ideology of Brexit, the British government cannot deliver economic growth

Pundits assume that the only threat to the Tory party  is the loss of more seats at the next general election. Something more existential is seldom contemplated.

Conservative Party faces possibility of annihilation as a result of epic Brexit challenge

Britain’s prime minister, Theresa May:  Florence speech “was essentially a conversation between herself and those cabinet members who want her job”. Photograph: Jeff J Mitchell/PA Wire

European Union can offer only options that Britain has already ruled out

Mostly because of the value of housing, the old are richer than the young.

Intergenerational shift as young people face future where they are less well off than their parents

Long road ahead: we should realise that the economy will be receiving bundles of monetary stimulus for a long while yet and doesn’t need another kicker from fiscal policy. File photograph: The Irish Times

Build more houses and infrastructure, introduce congestion charging and raise motor taxes

British prime minister Theresa May: “does not possess coping skills necessary in a crisis”. Photograph: AFP/Getty Images

Chris Johns: British prime minister lacks qualities required to lead UK safely out of EU

The strength of the euro is not just a problem for anyone trying to sell into the UK. It’s a massive complication for the ECB

If current sterling weakness isn’t a full-blown crisis it is certainly a major headache for many companies

The British position is that nothing will change on the day of Brexit: the Border, from their perspective, will remain exactly as it is today. Photograph: Paul Faith/AFP/Getty Images

Offer of tariff-free access to British economy looks clever but strategy is flawed

Bertie Ahern probably still thinks the financial crisis was all down to Lehman Brothers

The flicker of economic growth has stemmed the populist tide for now but for how long?

Elon Musk,  chief executive of Tesla Motors. Whether or not all cars are electric by 2040, we can be sure of one thing: demand for electricity, particularly of the green variety, will soar. Photographer: Tim Rue/Bloomberg

Chris Johns: electricity storage is a major issue for alternative energy supply

UK home secretary Amber Rudd, who last week said immigration reform would heed the requests of employers. Photograph: Andrew Milligan/PA Wire

Talk has been of ‘transition’ and of ‘implementation’, with nobody sure of the difference

No attempt has been made to pretend that the US as a whole will benefit from these suggested “reforms”

Chris Johns: We have one of the most progressive tax and benefit systems in the world

 Theresa May:  she  and other Brexiteers keep insisting that things are proceeding smoothly when clearly they are not.  Photograph: PA Wire

British government is negotiating with itself, its supporters and the tabloid press on Brexit

Brexit now resembles ‘Father Ted’ and the UK is Craggy Island.

Chris Johns: The clock is ticking and nothing of substance has happened

British prime minister Theresa May: few think she can get the necessary Brexit legislation through parliament. Photograph: AFP/Getty Images

UK stance in discussions with EU reveals damaging ignorance of negotiating skills

Uber  is a good example of a great idea enriching a small number of people, including shareholders, but not employees

Self-interest might lead the elite to toss the odd bone the way of the ordinary worker

Nobody has ever fully explained Europe to the British people, which is one reason why so many do not like it.  Photograph: Victoria Jones/PA Wire

A year ago Britain seemed like a stable, tolerant, reasonably well-run place. Not anymore

Having run an astonishingly inept campaign Theresa May immediately demonstrated her utter lack of negotiating skills by declaring a deal with the DUP before one had been agreed. Photograph: Getty Images

Chris Johns: Just wait until austerity-fatigued voters have to live through a Brexit-driven economic slowdown

Rock-hard Brexit: Theresa May’s legacy will be the lessons learned when you adopt the ideology of Nigel Farage. Photograph: Daniel Leal-Olivas/AFP/Getty

Chris Johns: The UK needs a cross-party coalition to negotiate a softer, slower Brexit

Theresa May: “Her decision to treat with contempt the 48 per cent of the electorate who voted against Brexit spectacularly backfired.” Photograph: AFP

Brexit and the economy are the dogs that failed to bark in the UK election

Theresa May: “She only really gets animated these days in order to deny that there is actually anything called Mayism.” Photograph: PA Wire

Chris Johns: Need to ensure growth and tackle monopolies absent from Conservative plan

The significance of the election of French president  Emmanuel Macron should not be underestimated. Photograph: Reuters/Eric Feferberg/Pool

For the UK Brexit is an existential issue, for the European Union it is a matter of a few details

Most of the jobs that Le Pen wants to bring back to France have been lost to machines rather than cheap labour elsewhere in the world. Photograph: Getty Images

Conservative election campaign is on a war footing with the message the EU is the enemy

Britain’s prime minister Theresa May: perhaps if we had any idea at all about where she was willing to compromise,  we could begin to sketch the outlines of a deal. Photograph:  Jeff Overs/BBC Handout via Reuters

Chris Johns: In face of cohesive EU stance, UK may seek to exploit national differences

All of a sudden, in the US at least, a large cohort of people – the relatively uneducated, white working class – have started to die younger.

Lack of hope and the opioid addiction epidemic combine to reverse lifespan amongst the white working class

“Britain faces another general election for all sorts of reasons. The ‘Daily Mail’ captured it with a remarkably Leninist headline: ‘Crush the saboteurs’.”

Brexit narrative in UK shows how resistant beliefs can be to factual reality

Theresa May: untainted by exposure to economics or tough financial decisions, the British prime minister can pursue reduced immigration as her prime goal. Photograph: Daniel Leal-Olivas/AFP/Getty

With a general election looming, the British PM’s hard-Brexit obsession has blinded her to reality

 ‘If Brexit-type forces take hold on the Continent then we really are taking risks with peace’ Image: iStock

Europe’s default destination is war, unless sensible people take a a detour

“The Brexiteers are so dim, so wedded to platitudes and simple slogans that they didn’t notice.” Above, UK Brexit secretary David Davis. Photograph: Andy Rain/EPA

Chris Johns: Brexit leaders are so dim, they haven’t noticed their stated negotiating principles have already changed since articl(...)

Tory party ideologues want the hardest Brexit imaginable. Photograph: Victoria Jones/PA Wire

The UK is facing into the most challenging set of decisions since the second World War

If there is a single global problem that almost everyone agrees needs to be tackled, it is income inequality. The simple fact is that a lot of people don’t earn very much.

We accord the ‘dismal profession’ too much respect and listen to too much of its baloney

Donald Trump’s first budget and Paul Ryan’s tax cuts for the rich (masquerading as healthcare reform) are unlikely to get past even a Republican congress. Photograph: Olivier Douliery/Pool via Bloomberg

Chris Johns: What hope for Brexit if Tories can’t even put a coherent budget together?

Theresa May: It is bizarre that her pursuit of a hard Brexit is not seen as the biggest mistake of her premiership to date. Photograph: EPA

Time to explain to Northern Unionists that their economic future looks far rosier in the EU

Stock prices over the next few years will forever remain one of life’s known unknowns

Simple but brutal truth is that nobody has any idea what stock markets will do

Nigel Farage: after he  retired as leader of Ukip, the Conservative Party effectively took up his Brexit policies.

As Ukip fades from the political arena, its policy of immigration reduction prospers

Theresa May and Angela Merkel: whatever happens in public, the real action will be between Merkel and Wolfgang Schäuble on one side and May, Boris Johnson, David Davis and Liam Fox on the other. Photograph: Leon Neal-Pool/Getty

As the phoney war ends, the odds of an early collapse of Brexit negotiations shorten daily

British army engineers dismantle Kilturk checkpoint on the Border in February 1995. Will the return of a hard Border be a price worth paying?

Chris Johns: Is the social, political and economic costs of a hard Border worth paying?

Donald Trump has been consistent about his promise to start a trade war. Photograph: Reuters

Trump’s policies mean more Irish growth must come from Irish businesses

US president Donald Trump,  stands with Theresa May, UK prime minister, while arriving at the West Wing of the White House in Washington, DC. Photograph: Andrew Harrer/Bloomberg

As the US and UK pursue unrealistic trade goals, Ireland needs to take a different path

The more “conventional” threat to the euro comes from a number of sources: forthcoming elections in France, the Netherlands and Germany. In particular, a Marine Le Pen victory in France is widely thought likely to be a euro-ending event

Some wonder how German banker misdeeds sit with government insistence on fiscal rules

Theresa May outside 10 Downing Street. ‘Her 12-point Brexit strategy will not survive its first contact with the enemy.’ Photograph: Reuters/Neil Hall

British leader’s real priority is curbing immigration whatever the economic cost

The near future? A Lexus RX 450h  modified by Google to be a self-driving car. Photograph: JasonDoiy/Getty

No car in the drive, no car parks, no insurance: it’s all about to happen

It is difficult to see anything stopping the Brexiteers getting what they want: the clean and complete exit.

Departure of UK’s ambassador to the EU and strong economy emboldens Brexiteers

Once the importance of beliefs is acknowledged, forecasting the future becomes well nigh impossible. The only thing that we can say about what happens next is that “it all depends”

Perhaps with our new-found awareness of the fragility of forecasts, we can use them in more productive ways

Arsenal manager Arsène Wenger has publicly tried to persuade stars Alexis Sanchez and Mesut Ozïl that money isn’t everything. Photograph: Carl Recine/Livepic via Reuters

Global market for most professional salaries is rigged, unlike steel and coal workers’ pay

The Jarrow Crusade in Britain which in 1936 marched for the right to work

Most economists still obsessed by competitiveness when the reality is wage stagnation

Trump supporters after the election. Half of all Americans have seen no real income increases since the 1970s. Photograph: Doug Mills/The New York Times

In the US and UK, the rich will get richer and the poor will get nothing

“Berlin or Boston?” used to be the question, but maybe Ireland has more in common with Toronto. Photograph: Wolfgang Kaehler/LightRocket via Getty Images

MGI finds migrants added $6.7 trillion to world economy, and local jobs don’t suffer

Brexit leader Nigel Farage: campaign falsely claimed  NHS would get an extra  £350 million a week post-Brexit. Photograph:  Patrick Seeger/EPA

Trump and Brexit have nothing to say about real problems in a rapidly changing world

If Trump merely cuts taxes and boosts spending he risks enraging his base and clearing a path for an even worse goon

UK and US are engaged in a kind of cold civil war: that’s a recipe for economic stagnation

The Daily Mail published photographs of the three judges involved in the high court hearing, accompanied by the banner headline “Enemies of the people”. One leading commentator likened the tabloids to sterling: just as you think they can’t sink any lower, they do.

Is Theresa May playing a complex game with the ultimate goal of delivering a soft Brexit?

Technicians prepare Qashqai car doors  at the Nissan plant in Sunderland. Photograph: Nigel Roddis/Reuters

Secret Nissan-style deals are postdated cheques offered by the UK government

‘The arguments of the Brexiteers are anti-intellectual, lazy, populist, xenophobic (if not racist) and utterly inward looking.’  Photograph: AFP

Ireland and Britain have stronger links than many realise, and it’s not all economics

British Prime Minister Theresa May. What if she realises how mad Brexit is?

What if the prime minister realises just how bonkers Brexit and the Brexiteers are?

France’s socialist leaders Jacques Delors and Francois Hollande. Europe needs more growth: “Delors 2” proposes ways in which public and private investment can be boosted. Photograph: Reuters/Charles Platiau

Existing code resembles nothing a sentient human being would design from scratch

The Irish budget announcement doesn’t matter much in the overall scheme of things now – and the €1.3 billion adjustment is not that big a deal – because of rules set by the European Union in Brussels. All of the furore is really the narcissism of small differences. Photograph: Getty Images.

Furore over €1.3bn package is really the narcissism of small differences

British prime minister Theresa May’s announcement of a Brexit date “will keep the crocodiles away for a while”. Photograph: Bloomberg

Brexit negotiations currently amount to a discussion held by the Tory party with itself

British prime minister Theresa May: she just seems to want to kick things into the long grass. Photograph: Hannah McKay/PA Wire

As Britain moves towards exit talks, the UK currency is in the firing line

British foreign secretary Boris Johnson and British secretary of state for exiting the European Union  David Davis. Photograph: Ben Stansall/AFP/Getty Images

Tories are wrong to think EU decisions have primarily been driven by economics

If Brexit goes badly, we can be confident that sterling will fall further. Photograph: AFP

Massive moves in currency not a crisis for Bank of England

Big spender: Republican US presidential nominee Donald Trump  speaking at an event in Miami, Florida. Photograph: Eric Thayer/Reuters

Europe’s banks are still far from being restored to health

Newt Gingrich: “American people feel that crime is on the up. I’ll go with that rather than your liberal statistics.” Photograph: AP Photo/Ann Heisenfelt

Never mind the ‘liberal statistics’, Gingrich and Trump know how people feel

It is nearly eight years since the night of the infamous bank guarantee; eight years since the failure of Lehman Brothers. And still our banks are not in great shape. NICHOLAS ROBERTS/AFP/Getty Images.

It is not as if there is not a straightforward example of how to mend broken banks: the US did it very successfully

Irish policymakers will need to be both nimble and flexible. And very cautious when it comes to taxes and spending.

UK cut to corporation tax hardly a positive development but benefits of low Irish rate already being eroded

Boris Johnson: ‘His only real job experience comes from writing newspaper columns’. Photograph: Getty Images

Not impossible that country’s next prime minister will be its last

Could this, as some have suggested, be another Lehman-style crash? Photograph: Bloomberg

‘It is absolutely impossible to guess how deep or how long UK downturn may last’

British justice secretary Michael Gove declared; “We have had enough of experts.” Photograph: Jack Taylor/Getty Images

UK recession is probable in event of exit, with unintended consequences for Ireland

An internet rumour once suggested that a Google search for “swivel-eyed loon” took the user straight to the UK Independence party (Ukip) website. The origins of this rather British political label are hard to pin down.  File photograph: Stefan Rousseau/PA Wire

My cohort of Brits know the EU is about peace and not economic growth

Olivier Blanchard, former chief economist at the IMF, is among the economists who disagree with a lot of recent commentary, and say that “we share a conviction that public discussion of the global economic outlook has run off the rails”. Photograph: Ibrahim Usta/AP Photo

Low inflation has been around for so long most analysts now assume it is permanent

A trader on the NYSE. The main worry is another recession. All we know is that a slowdown is certain but what is utterly unknown is how many months or years that calamity lies in the future. It has become a cliché to repeat Nobel Laureate Paul Samuelson’s joke that markets predict nine out of five recessions.

All we know is that a slowdown is certain but what is utterly unknown is how many months or years that calamity lies in the future

Minister Leo Varadkar TD with Fine Gael Dublin Bay South candidate Kate O’Connell. while preparations are made for Dublin Chinese New Year Festival, at CHQ, while the party announced their plans to abolish the USC by 2020. Photograph: Dara Mac Donaill / The Irish Times

A good idea in principle it has been tortured into submission by exemptions, bands, multiple changes to rates and promises of abol(...)

“In any event, if you argue for something, no matter how flawed you might privately believe it to be, you are saddled with the blame when things go wrong. It’s called cabinet responsibility.” Photographer: Dara Mac Donaill/The Irish Times

If IMF was so vehemently opposed to what was going on it should have said so at the time, perhaps even threatening to withdraw fro(...)

Sections of the Irish commentariat resemble the supporters of Jeremy Corbyn in the way they congratulate themselves for the hundreds of people that listen to them but fail to recognise the millions that are turned off by their never-ending complaints. Photograph: Owen Humphreys/PA Wire

Confidence is vital and there are lots of reasons to feel better about the future

 Michael Noonan, Minister for Finance:  the intensely political budget won’t actually amount to much, economically speaking, because of  EU constraints. Photograph: Julien Warnand/EPA

The budget and euro are political creations with almost incidental economic outcomes

The Volkswagen logo outside the group’s headquarters in Wolfsburg, Germany. Clever software from VW defeated the environmental monitors; there is lots of fiendishly complex computer code out there, not all of it benign. Photograph: AFP Photo /John MacDougall

Aspects of corporate behaviour have been a source of concern for centuries

Kevin Gardiner:  in his new book, Making Sense of Markets, he tells the story of how he coined the term “Celtic Tiger”, and how he has tried to live it down ever since. Photograph: Frank Miller.

Predictions of low growth are likely to be as wrong as any other economic forecasting

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