Urbanomics

Amidst all the gloom surrounding Europe, Iceland's apparent recovery from the depths of despair should be a cause for some celebr...

I blogged a few days back about why currency devaluation is the most effective route to regain competitiveness. David McWilliams has an ex...

The three most cited examples of fiscal austerity in the face of economic contraction as the preferred strategy to restore economic normalcy...

So finally, after months of speculation, and faced with spiralling borrowing costs, Portugal bows to pressure and follows Greece and Ireland...

Almost alone among those who faced the depths of the financial crisis, Iceland refused to bailout its financial institutions. It placed its ...

The coats are off, when will the pants come down? (HT: Cagle Post , see also this )

Paul Krugman makes an interesting comparison between the relative paths adopted by Iceland and Ireland when faced with similar financial cri...

Sample this paean about the Irish economic model (in the context of which model Europeans should follow) by the high-prophet of globalizat...

Ireland has long been a poster boy of free-market capitalism. But that may no longer be so. As the global economic recession deepens, Irelan...