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Here's a good way to follow economists interested in Ireland: bsky.app/starter-pack/r…

If it's economics that drives voting in general elections, the question for Ireland today is whether it's microeconomics or macro. These graphs quantify the contrast between rocketing aggregate employment growth and below peak average real earnings.

And one sector provides an exception to the lackluster 2019-2024 sectoral real earnings growth in Ireland. It's the IT sector), already with relatively high weekly earnings and still racing ahead as it has for many years. More on bluesky. Raw data from cso.ie.

Online at 6 pm Wednesday (Dublin time)

Yes!

Here is ECB Chief Economist Philip Lane recommending my new Peterson Institute book The Central Bank as Crisis Manager in today’s @ECB Podcast (Minute 15:30). soundcloud.com/europeancentra…

Yes! amazon.co.uk/Central-Bank-C…

I fully agree. Here’s my take on how to make such comparisons. If you start with GDP at PPP you need to make a further adjustment to compare economic sizes. The result is to shrink China and India somewhat, making China approximately the same size as US. piie.com/publications/p…

The supply chains for US pharmaceutical companies looking to supply the US market while not paying US tax (at 21%) do increasingly run through Ireland. US data is clear here.

For centuries, Dublin Bay was a treacherous place for ships. Primitive sea walls left the harbour, and Liffey mouth almost unnavigable for larger vessels. So, no better man than the notorious Captain Bligh, of the Mutiny on the Bounty fame, to come to the rescue! Using his

Hmm. Yes Bligh did propose an extension of the North Wall (i.e. from near the Point Depot), but I read that his idea was not used. Instead the North Bull Wall was built extending from Clontarf. historyireland.com/captain-bligh-…

How much capital do central banks really have? My new Peterson Institute paper provides the calculation for twenty countries. There are some surprises. piie.com/publications/w…

The same behaviour likely for US Pharma MNCs in Ireland, right?

Dusk in Mayo this evening.