Pictures versus Words

We regularly emphasise to our research students the importance of expressing ideas in visual terms, rather than just relying on text-based explanations. David McWilliams has produced an excellent example here.

Percent versus Percentage Points

The Irish Times has Fiscal Compact op-eds from John O’Hagan (here) and Gerry Adams (here).

Request – anyone writing on the debt reduction rule please be crystal clear about the difference between a five percent reduction in the gap between the current debt ratio and 60 percentage points of GDP (the ‘one-twentieth’ rule) and a reduction of five percentage points in the debt ratio.

Is Ireland a tax haven?

I think it is, Brian Keegan of Chartered Accountants Ireland thinks not, and I respond to Mr Keegan’s piece here.

Target 2: Liquidity and Capital Flight

Fabian Bornhorst and Ireland-expert Ashoka Mody have a good piece here.

Public Lecture – The Economics of the Fiscal Compact

See announcement here.