Courtesy of Broadsheet.ie, this looks convincing.
Some readers may be interested in this job opportunity at the IIEA. The deadline for applications is this Friday.
Michael Mussa, chief economist of the IMF during the various crises of 1991-2001, died this week. This WaPo obituary provides a brief but interesting account of his tenure.
The Minister for Transport, Mr Varadkar, in commenting on whether a referendum will be necessary for Ireland to sign up to the fiscal compact is reported to have made the commonplace point that
There’s only one reason why you have a referendum and that’s where there is a requirement to change the constitution.
Em, not quite.
Apart from a political view that a referendum might be desirable in any event, there is a particular mechanism in the Constitution of Ireland for holding a referendum, even when a measure does not require constitutional amendment. This is set out in Articles 27 and 47, whereby one-third of the Dáil and a majority of the Seanad could petition the President to decline to sign and promulgate a Bill “on the ground that the Bill contains a proposal of such national importance that the will of the people thereon ought to be ascertained.”
The detailed provisions of Article 27 envisage that if such a petition were successful, the will of the people could be ascertained either by referendum (in which at least one-third of those on the register would have to vote “no” in order to veto, by virtue of Article 47) or, in effect, by a general election.
I guess the fiscal compact itself may not in fact be a Bill, but presumably the detailed fiscal provisions of the agreement will have at least that legal form. Apart from whether the required numbers of TDs and Senators would line-up for the petition which Article 27 envisages, whether or not this mechanism will be applicable seems to me, as a non-lawyer, to turn on whether the Bill in question is a “Money Bill”. Money Bills appear to me to exempt from Article 27 (reading back to Articles 23 and 22) but I may be mis-reading that, so perhaps we might get some legally informed views in comments.
The ninth ISNE annual conference is being held in UCC on Thursday 23rd and Friday 24th of August. This year’s organisers are David Butler, Robbie Butler and Justin Doran.
Researchers wishing to submit their work for consideration are advised to submit an extended abstract (300-400 words) to isne2012@gmail.com. Applicants are asked to include their name, institute or affiliation, current academic status (PhD, Young Professional, Masters) and JEL code(s) for their research on submitting an abstract.
The deadline for the abstract submission is Friday, 1st of June 2012.
Applicants will receive notification by Friday, 22nd June 2012.
There will be two plenary sessions:
- Professor Geoffrey Hodgson (University of Hertfordshire) Editor-in-Chief of the Journal of Institutional Economics, and
- Professor Bernard Fingleton (University of Cambridge) Editor-in-Chief of the Journal Spatial Economic Analysis and formerly co-editor of the Journal Regional Studies and a Fellow of the Regional Science Association International and the Spatial Econometrics Association.
For more details visit www.isne2012.com