Sunday, January 18, 2004

Economics articles

I know articles on macroeconomics are not everyone's favorite breakfast time fare. When served with Sunday breakfast they seem even less appetizing. Yet, I generally find David McWilliams's articles easy to read and understand and generally intelligently argued. I don't always agree with him, but that's the not the point. He makes it easier to consider your own views.

This morning's article on the differences between the US and EU response to the economic down-turn and its effect on Ireland is a good case in point. Interest rates, budget surpluses/deficits, immigration, property prices — they're all in here.

And, if McWilliams's article weren't gloomy enough, the Homeland Investment Bill will supposedly "cause billions of dollars earned by multinationals in Ireland to flow back to America".