Anglo: Please, No More Sub-Debt Buybacks

Anglo Chairman-designate Alan Dukes appeared on This Week on RTE Radio 1 yesterday. One aspect of the interview that worried me was Mr. Dukes’s comments on subordinated debt.

Morgan Kelly on VOX: Whatever Happened to Ireland?

Morgan writes an overview of the Irish crisis at VOX: you can read it here.

Conference on Constitutional Reform

There has been a fair amount of discussion on this blog about issues of constitutional reform. Some readers may be interested in a interdisciplinary conference to be held on Friday afternoon, 21st May, at the Clarion Hotel, IFSC which includes contributions from economists, political scientists and lawyers on the question ‘Does Ireland need Constitutional Reform. Programme below and further details from eoin.carolan@ucd.ie.

The UCD Constitutional Studies Group presents a conference on
Does Ireland need constitutional reform?
with the support of the School of Law, UCD.

Clarion Hotel, IFSC
May 21st, 2010.

Conference schedule

Session 1: Why constitutional reform?
1.00pm: An Iterative Constitution: dynamics of a rule-based legal system – Dr. Stephen Kinsella.
1.20pm: Re-placing the Constitution in the context of reform – Dr. Maria Cahill.
1.40pm: The problems of public understanding and constitutional reform – Dr. Oran Doyle.
2.00pm: Questions and discussion.

Session 2: Electoral and parliamentary reform
2.20pm: Reforming the Seanad – Senator Ivana Bacik.
2. 40pm: Is electoral reform the wrong answer to the right question? – Prof. David Farrell.
3.00pm: “Relaying the playing field – Implications of political reform for the constitutional law ground rules of political competition – Dr. John O’Dowd.
3.20pm: Questions and discussion.

3.45pm: Coffee break.

Session 3: Improving public governance
4.00pm: Sacred spaces and blurred boundaries: Administrative reform and constitutional governance – Muiris MacCarthaigh.
4.20pm: Enhancing government accountability to the Oireachtas – Eoin O’Malley
4.40pm: An accountability branch of government? – Dr. Eoin Carolan
5.00pm: The place of the media in the constitution – Dr. Carol Coulter.
5.20pm: Questions and discussion.

5.45pm: Close of conference.

National Fiscal Rules

The FT carries an article about the increased backing for the introduction of national fiscal rules across Europe: you can read it here.

Kocherlakota on the State of Modern Macroeconomics

Macro Theorist turned Fed president Kocherlakota writes on this topic here.