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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.

TTIP - the best thing since the invention of sliced pan bread?

Posted on March 29, 2015 by Tom Healy

Sliced Bread
There is widespread official support for the Transatlantic Trade, Investment Partnership (TTIP) across European member states – especially in the Republic of Ireland where the level of enthusiasm and zeal for promoting TTIP exceeds that of other member states. TTIP is seen as a saving grace to pull the European economy forward especially in the context of public spending constraints. (See a …

We never had it so good?

Posted on March 21, 2015 by Tom Healy

Tom Healy, Director NERI
Some years ago, during the Roaring Celtic Tiger period, I had occasion to attend a conference which treated the idea and measurement of Human Well-Being. Speaking to a former Taoiseach who had just joined the proceedings, I informed him that the participants were not entirely sure if life was getting better or worse. He responded by declaring: ‘It’s both’. Hint: he was an economist.  Over …

It's all about choices

Posted on March 14, 2015 by Tom Healy

Tom Healy, Director NERI
With a general election in the Republic of Ireland looming sometime between now and this time next year it is timely to consider what choices and policy options are appropriate. The Nevin Economic Research Institute is not associated with any political party or platform. Our job is to undertake economic research informed by the evidence. However, we are interested in how economic policy will …

From Strabane to Strangford Lough

Posted on March 07, 2015 by Tom Healy

Tom Healy, Director NERI
Northern Ireland rests on a very precarious political balance involving internal community relations, external relationships, social well-being and economic progress. In terms of overall size of the economy, including public spending, it accounts for a relatively small slice of the total UK picture. Yet, as a regional economy and polity it is highly vulnerable to fiscal, political and economic …

Posted in: Government SpendingInvestmentNorthern Ireland Taxation

A wage recovery

Posted on February 27, 2015 by Tom Healy

Tom Healy, Director NERI
In the last year the Central Bank has urged trade unions to raise their wage demands. What? Yes it did happen. But not here. The German Central Bank, the Bundesbank, urged German trade unions to up their wage demands – at least above the rate of inflation (the message was relayed through Jens Ulbrich the Bundesbank chief economist at the Bank). Somehow, it is unlikely that Dame Street (or …

Posted in: IncomeLabour costsWages

Unlearning 'economics'

Posted on February 21, 2015 by Tom Healy

Tom Healy, Director NERI
Economics has been described as a ‘science’. A ‘science’ is a body of knowledge and methods which uses evidence and measurement linked to the exercise of testing, repeating and predicting. Most first-year students of ‘economics’ will be taught that it is a ‘positive’ science in the sense that it establishes ‘what is’ rather than ‘what ought to be’ (the latter being being …

Voilà la différence

Posted on February 14, 2015 by Tom Healy

Tom Healy, Director NERI
As you ponder last Saturday’s match between France and Ireland you might consider some of the striking differences in both parts of the world. The culture, institutions and politics of France are very different to those in Ireland where, to some extent, the political culture has been shaped by the neighbouring island as well as the complex questions raised by national identity and affiliation …

An even more modest proposal

Posted on February 06, 2015 by Tom Healy

Tom Healy, Director NERI
Events on the European stage are moving fast as the new Greek Government continues to play a blinder on the question of European debt.  The eyes of Europe and the world are on Greece. The stakes are very high and this could go very well or very badly for Europe as events and talks play out over the coming months.  Behind the developing political situation is the hard work of professional …

Riches and Poverty

Posted on February 01, 2015 by Tom Healy

Tom Healy, Director NERI
Two statistical releases from the Central Statistics Office in recent weeks did not attract as much public attention as deserved. One report concerns trends and distribution of income (EU Survey of Income and Living Conditions) while the other concerns the level and distribution of wealth in Ireland. The latter was released under the title of the ‘Household Finance and Consumption Survey’ and …

Posted in: InequalityWages

The beginning of the unwinding of a European tragedy?

Posted on January 26, 2015 by Tom Healy

Tom Healy, Director NERI
While the results of the general election in Greece are not known at the time of writing this Blog, it is clear that the tectonic plates of political affiliation and sentiment are shifting dramatically almost everywhere. The unthinkable suddenly becomes thinkable and the thinkable becomes irrelevant. Where market sentiment rules popular sentiment offers a counter weight.  Echoes of this are …

Posted in: Macroeconomics

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