Broad tax bases are desirable

I notice that there is no election thread, which makes sense given that we were probably all fed up with the campaign before it even began. And I’ve nothing original to say on the subject either. But there probably should be an election thread, and if there is to be one, someone has to kick it off by saying something. So, in that spirit: do we all agree that (a) the Irish economy is now recovering, and doesn’t need further stimulus right now; (b) that the Irish economy has proved itself over previous decades to be unusually volatile; (c) that the international outlook right now suggests that there are risks on the horizon; (d) that the Eurozone is a very dangerous place to be anyway, if you are a small country; (e) that broad tax bases are preferable to narrow tax bases; and (f) that given all of the above, arguing for the abolition of the USC or water charges (water charges, as opposed to Irish Water) is grossly irresponsible, and should suffice to disqualify a party from being taken seriously as a “safe pair of hands”?

Global crisis special issue of Economic Policy

A virtual issue of Economic Policy, bringing together a selection of articles dealing with the global financial, and eurozone, crises, is described here and is available here.

Government Finance Statistics Quarterly Results

The 2015 Q3 data are available here. Dan O’Brien comments on the figures here.

How costless was the 1970 Irish bank strike?

Here.

Noel Whelan: election campaign should focus on micro, not macro

Here.