Author: Philip Lane

Open thread on the five-year anniversaries of the second half of September 2008 (Lehman; AIG; Iceland; Ireland; …)

This Businessweek profile of Michael Noonan gives some background to the renegotiation of Ireland’s official funding (EU funding; prom note funding) – here.   A more detailed account is available in Pat Leahy’s new book – here.

This editorial represents the shift in the UK austerity debate – here.

Patrick Honohan has an op-ed in today’s Irish Times here.

There is currently an active debate in the US about the use of ’eminent domain’ powers by municipalities to achieve debt writedowns on mortgages – a New York Fed article on this topic is here.