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Posts from "Tom Healy"

Tom Healy

Tom Healy is Director of the Nevin Economic Research Institute (NERI). Tom has previously worked in the Economic and Social Research Institute, the Northern Ireland Economic Research Centre, the Organisation for Economic Cooperation and Development, the National Economic and Social Forum and the Department of Education and Skills.

He holds a PhD (economics and sociology) from UCD. His research interests have included the impact of education and social capital on well-being, social vision and economic strategy for the island of Ireland, Education, Housing and Health.

Brexit: Round 1

Posted on December 08, 2017 by Tom Healy

Tom Healy, Director NERI
Progress was made last week in relation to the preparation for Brexit and, in particular, the unique and special circumstances of Northern Ireland.  A careful and considered reading of “Joint report from the negotiators of the European Union and the United Kingdom Government on progress during phase 1 of negotiations under Article 50 TEU on the United Kingdom's orderly withdrawal from the …

Brexit and Ireland: an unholy trinity of options

Posted on November 24, 2017 by Tom Healy

Tom Healy, Director NERI
As the heat rises in the run-up to Christmas on the Brexit front we are looking into the barrel of The Great British-Irish Trilemma.  There are no safe places to hide here and no amount of palaver and fudge will duck the key issue.  Minister for Foreign Affairs, Simon Coveney puts it succinctly and accurately like this: The Government in London has repeatedly outlined three ambitions which …

O happy days?

Posted on November 17, 2017 by Tom Healy

Tom Healy, Director NERI
Many (most?) listeners of an early morning news might be forgiven, last week, for wanting to climb under the blankets when they might have thought they heard: ‘house prices could rise by over 20% in the next three years in the Republic of Ireland - but don’t worry, housing remains and will remain affordable – on average’.  As luck had it, the same morning featured the latest data on …

Will life be better or worse for this generation?

Posted on November 10, 2017 by Tom Healy

Tom Healy, Director NERI
A simple question but a hard one to answer. First, how do we measure notions of ‘better’, ‘worse’, ‘good’ … ? Second, which countries, generations and points in time do we compare? Third, how do we know what the future will hold for anyone or most people? However, just because it is a hard question should not deter us from considering various aspects of it. the fact that the …

Halloween, plastic-eating chicks and the circular economy

Posted on October 27, 2017 by Tom Healy

Tom Healy, Director NERI
“By 2050, there will be more plastic in the oceans than fish, entangling sea creatures and trapping them, mimicking their food, and releasing toxins that poison them: marine turtles feed on plastic bags because they float in the ocean like jellyfish. Alabtrosses, those vast ocean-going birds, are bringing belly-fulls of plastic instead of squid back to their nests to feed their chicks. The …

Ophelia, Kondratiev and Monday Mornings

Posted on October 20, 2017 by Tom Healy

Tom Healy, Director NERI
Last Monday morning, I looked out the window and it was calm and sunny in the part of Ireland where I was. ‘What storm’? I mumbled.  A few hours later made all the difference. Economists are very good at explaining what happened. Lots of econometrics and fitted regression lines work wonders. We are less good at predicting what is going to happen and when. Weather forecasters can make good …

Much ado about little

Posted on October 13, 2017 by Tom Healy

Tom Healy, Director NERI
The draft budget for 2018 to be yet approved by the European Commission has arrived. Still, some working out of detail in the Finance Act and various other legal measures remains.  The build-up, the leaks, the drama, the instant analysis, the soundbites and the slowly emerging aftermath is part of the annual cycle of media news and lobbying by various interest groups.  Thankfully, recent years …

What use is economics?

Posted on October 06, 2017 by Tom Healy

Tom Healy, Director NERI
‘Economics’ is often viewed as a ‘positive science’ that examines choices in a world of constrained resources.  One only has so much time or money or capital (including human).  There are so many choices and needs.  The ‘science’ of economics, it is claimed, involves optimising outcomes or well-being by making the most efficient use and allocation of resources.  The notion of …

Needed: A Budget for the many and not just the few

Posted on September 30, 2017 by Tom Healy

Tom Healy, Director NERI
Much progress has been made in regards to the state of Irish public finances, due in large part, to the recovery in economic activity in recent times. Taxes are flowing under many headings as unemployment continues to inch downwards and there is a broad-based recovery. Yet, many people are scarcely feeling a positive bounce in their discretionary spend. Though wages have been on the rise for most …

Notes on the margins of the Dublin Economics Workshop

Posted on September 25, 2017 by Tom Healy

Tom Healy, Director NERI
Last weekend marked the 40th anniversary of the Dublin Economics Workshop.  The annual event – usually held in the Autumn – is a significant one as it attracts a considerable number of professional economists: academic, sectoral, financial, civil service and freelance. The event is, also, open to others and the conference is typically well covered in the Irish media.  In recent years, the …

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