Patrick Honohan @PHonohan
Joined August 2019-
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Nice review from @OMFIF of my @PIIE book on crisis management. omfif.org/2025/08/centra…
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The same behaviour likely for US Pharma MNCs in Ireland, right?
The same behaviour likely for US Pharma MNCs in Ireland, right?
How much capital do central banks really have? My new @PIIE paper provides the calculation for twenty countries. There are some surprises. piie.com/publications/w…
Hmm. Yes Bligh did propose an extension of the North Wall (i.e. from near the Point Depot), but I read that his idea was not used. Instead the North Bull Wall was built extending from Clontarf. historyireland.com/captain-bligh-…
Hmm. Yes Bligh did propose an extension of the North Wall (i.e. from near the Point Depot), but I read that his idea was not used. Instead the North Bull Wall was built extending from Clontarf. historyireland.com/captain-bligh-…
Patrick Honohan retweeted
For centuries, Dublin Bay was a treacherous place for ships. Primitive sea walls left the harbour, and Liffey mouth almost unnavigable for larger vessels. So, no better man than the notorious Captain Bligh, of the Mutiny on the Bounty fame, to come to the rescue! Using his…
Patrick Honohan retweeted
The supply chains for US pharmaceutical companies looking to supply the US market while not paying US tax (at 21%) do increasingly run through Ireland. US data is clear here.
The supply chains for US pharmaceutical companies looking to supply the US market while not paying US tax (at 21%) do increasingly run through Ireland. US data is clear here. https://t.co/7Rc2Nffj65
I fully agree. Here’s my take on how to make such comparisons. If you start with GDP at PPP you need to make a further adjustment to compare economic sizes. The result is to shrink China and India somewhat, making China approximately the same size as US. piie.com/publications/p…
I fully agree. Here’s my take on how to make such comparisons. If you start with GDP at PPP you need to make a further adjustment to compare economic sizes. The result is to shrink China and India somewhat, making China approximately the same size as US. piie.com/publications/p…
Here is ECB Chief Economist Philip Lane recommending my new @PIIE book The Central Bank as Crisis Manager in today’s @ecb Podcast (Minute 15:30). soundcloud.com/europeancentra…
Yes!
Online at 6 pm Wednesday (Dublin time)
Online at 6 pm Wednesday (Dublin time)
And one sector provides an exception to the lackluster 2019-2024 sectoral real earnings growth in Ireland. It's the IT sector), already with relatively high weekly earnings and still racing ahead as it has for many years. More on bluesky. Raw data from cso.ie.
If it's economics that drives voting in general elections, the question for Ireland today is whether it's microeconomics or macro. These graphs quantify the contrast between rocketing aggregate employment growth and below peak average real earnings.
Here's a good way to follow economists interested in Ireland: bsky.app/starter-pack/r…
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