Paul Krugman

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Stefan Gerlach: “While there are a lot of very serious politicians in Ireland, I am worried that people will look at the figures and ask why there is a need for any austerity.” Photograph: Eric Luke / The Irish Times

The Central Statistics Office (CSO) found a big pot of gold lying around this week, when it revised the Republic’s GDP growth rate last year up to 26.(...)

David who? David Cameron dropped in on the Farnborough International Airshow for one of his last engagements as prime minister
Planet Business

Image of the week: David who? At the time of writing, Britain has not been subject to a military coup, although frankly who knows what’s going on any(...)

Miniter for Finance Michael Noonan: difficult to interpret GDP figures. Photograph: Brenda Fitzsimons / THE IRISH TIMES

You could call it a €75 billion mystery. Or a €300 billion conundrum. But either way trying to interpret the official economic figures for 2015 is nex(...)

A screengrab from one of the ads created by  lobby group  The RATE Coalition who are calling for the US Congress to reduce its corporate tax rate.

A group of American businesses are literally toasting Ireland’s low corporate tax rate in a series of online ads aimed at putting pressure on the US c(...)

“Obviously the figure of 26 per cent is unprecedented and significantly stronger than the previous estimate of 7.8 per cent, but it is important to note it is due to exceptional factors’’

The revised growth rate by the Central Statistics Office (CSO) of 26 per cent in 2015 did not reflect economic reality, Taoiseach Enda Kenny told the (...)

“We left our shillelaghs at the door beside the umbrellas, still marvelling at the supernatural genius of Michael Noonan’s little mandarins who managed to switch on a rainbow over Merrion Street for us.” File photograph: Gareth Chaney/Collins

And so to the Department of Finance where Baldy O’Gill and the Little People (Paschal “Pixie” Donohoe and Eoghan “Gnome” Murphy) were presenting the (...)

Economist Paul Krugman: In a tweet to his 1.5 million followers, the Nobel laureate  described the CSO  data release as “leprechaun economics”, adding that “it doesn’t make sense”.  Photograph:  Franck Robichon/Pool

When it comes to handing out awards later this year for the best piece of fiction in the Irish market, the Central Statistics Office could be well in (...)

The changes are unlikely to affect Minister for Finance Michael Noonan’s proposed budgetary adjustment of €1 billion

Central Bank governor Philip Lane has raised concerns about the level of economic growth recorded in Ireland for 2015, which has been revised up to 26(...)

Paul Krugman does not go ignored in Japan. Photograph: Reuters/Franck Robichon/Pool
Planet Business

Image of the week: Rock-star economist Paul Krugman is big in Japan. The Nobel Prize-winning economist was in Tokyo this week to have a chat about (...)

Once renewable energy becomes an obvious success anti-environmentalism will start to lose its political grip

So what’s really at stake in this year’s US election? Well, among other things, the fate of the planet. Last year was the hottest on record, by a wid(...)

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