Economics is basically the study of how to allocate scarce resources to achieve the best possible outcomes. The problem is that resources are by definition limited in supply and demands are virtually insatiable, writes Jim Power

While the Irish economy is performing very strongly on the surface, it is clear on closer examination that the country does have a significant concentration risk.

The world of geo-politics is in a state of chaos with each day bringing fresh challenges to the global order, writes Jim Power

We generally tend to be very critical of the Irish political system and frequently criticise our very diluted form of democracy, writes Jim Power.

There was a story out of Chicago this week that such is the extent of labour shortages there, that employers are waiving drug tests and hiring ex-convicts to fill vacancies as the region heads towards full employment.

Despite what some media commentators have suggested about the lack of detail contained therein, the Summer Economic Statement released by the Department of Finance this week is not meant to be a detailed breakdown of what the minister for finance will deliver on the fiscal front, writes Jim Power.

Over the past few weeks we have come back down to earth with a bang, writes Jim Power

The price of a barrel of oil has now increased by over 76% since the middle of June last year, writes Jim Power

Over the past week the IMF and others have warned or advised the Irish government to adopt a cautious approach in framing Budget 2019 and in managing fiscal policy thereafter, writes Jim Power.

The EU is pretty unwilling to allow any concessions that would weaken the structures of the union’s edifice, writes Jim Power.