A More Definitive guide to the DUP

It is general knowledge that there are two broad groups in Northern Ireland, the Protestant /Unionist /Loyalist (PUL) community and the Catholic /Nationalist /Republican (CNR) community. Historically  the PUL community has been the majority and the CNR community the minority, but they are now getting very close to par. Nationalists tend to see themselves as… Read more

Modern Monetary Theory (MMT)’s flaw for balance of payment deficit nations

Many, if not most, would agree that we have been poorly served by Conservative austerity policies, not just because it engenders economic contraction, but also, even more importantly, because it concentrates on judging the economy using the wrong measure. It is obvious that for sovereign currencies where the government creates its own money government deficits… Read more

Land of the rising sun compared with the land of the setting sun…

How interesting that not only India but now Japan wants easier visa access as a condition of any new trade deal. I am referring to this FT article (intermittent paywall) for the story (as well as a comment for suggesting the headline). So the ‘hostile environment’ seems to be equally counterproductive towards nations whose lower… Read more

Reuniting with our friends in the North?

Seventies Dublin was comparatively peaceful, but my Halcyon days at University College Dublin (UCD) from ’73-’81 were more or less book-ended by  events. Before the start of the period (’72) there was the burning of the British Embassy in response to the Bloody Sunday Massacre and in my first undergrad year I cycled past one… Read more

Is Italy the white hope for European reform?

The radical reformist and largely Eurosceptic coalition parties in the Italian government are declaring radical views. They have asked for 250 billion of Euro debt to be written off. Although it has been subtly since denied, it is entirely in character with their previous pronouncements and they still maintain that a pre-Maastricht system would be… Read more

Paying the political piper

This is from the latest ‘Sunday Times’ and shows the Top 50 political donations from individuals and private companies in 2017. It reveals that the Conservative Party receives the overwhelming majority of donations – both financially and in numbers – with 47 large donors, or 48 if you count when it was shared with UKIP,… Read more

British government to host summit on why other countries should join the EU

I am grateful to the ‘Independent’ for this piece of toe curling news. “London will in July play host to Western Balkans governments including Serbia and Albania, as well as existing EU member states, to discuss reforms to pave the way to future EU enlargement.” Apparently the Foreign Office said “We remain of the view… Read more