Paul Gorecki has a great new paper: A Code of Practice for Grocery Goods Undertakings and An Ombudsman: How to Do a Lot of Harm by Trying to Do a Little Good.
The subtitle is a nice summary.
(It has been suggested by some on this blog that the ESRI has no interest in regulation, turning a blind eye to unsavourary practices in many sectors. This is not true. We just wish we had the resources to do more in this area.)
Joseph Stiglitz appeared on PrimeTime last night and RTE have also made the extended interview available. He made extremely strong statements arguing against the NAMA approach, as well as advocating mortgage mitigation, and better measurement of societal well-being.
Not all foreign commentary on the Irish “Yes” vote was as flattering as that reported in the Irish papers:
see http://www.gocomics.com/jeffdanziger/2009/10/04/
BTW this shows how enduring certain ethnic stereotypes are in the US!
An important contribution to the economic debate by David Duffy of the ESRI. The paper estimates approximately 196,000 households in negative equity consequent on anticipated house price declines next year. Its main policy conclusion is the advocacy of policies that allow delaying of mortgage payments rather than write-downs.
This is an interesting article. Although I have to say that I am also interested in what the ‘ethics’ section of the research proposal on alcoholism referred to therein looked like…