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David Mcwilliams

David Mcwilliams

The Irish Times

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In a too-hot Irish economy, politicians are treating voters like children in a sweet shop

Just say no! The political party that is honest with the population and rediscovers the ability to say no might be rewarded by the adult population in...

16.11.2024 10

The Irish Times

David Mcwilliams

Can Trumponomics work? Partly yes. Ultimately no

A few years ago this column argued that we should see significant political events through a very long-term lens that could be termed the economic and...

09.11.2024 10

The Irish Times

David Mcwilliams

American politics has become the fiefdom of billionaires

Not that many people know that The Wizard of Oz, one of America’s most-loved films, is based on the arcane economic world of monetary policy. L...

02.11.2024 30

The Irish Times

David Mcwilliams

Ireland beware: make no mistake, Trump wants to bring American money and jobs home

When it comes to business, one of the best descriptions of the Irish I have ever heard is that we prefer to be liked rather than feared. Affable,...

26.10.2024 10

The Irish Times

David Mcwilliams

What about essential workers being given access to subsidised homes in Dublin 1?

The only people doing great business in Dublin’s north inner city these days are the fellas selling metal shopfront shutters. Dublin, particularly...

19.10.2024 10

The Irish Times

David Mcwilliams

I don’t think sanctions on Israel are imminent, but things can change quickly in times of war

In the 1990s, when the Oslo peace process was in its incipient optimistic phase, I was the Israel economist for the large Swiss bank, UBS....

12.10.2024 10

The Irish Times

David Mcwilliams

Why does Ireland have the most expensive electricity in Europe?

From the very beginning energy has been central to human existence. Economists will tell you that mastery of a new technology has always conferred a...

05.10.2024 20

The Irish Times

David Mcwilliams

Cork could be Bilbao if regenerated by a type of Tidy Towns competition on steroids

In terms of a small inner city neighbourhood there can be few potentially prettier places than Shandon on the north side of Cork city. A patchwork of...

28.09.2024 10

The Irish Times

David Mcwilliams

Ireland is ‘dangerously lopsided’. Galway and Limerick are essential to its future

There can be few more beautiful places than the west of Ireland experiencing an Indian summer. On Thursday morning, when the sun burned through the...

21.09.2024 10

The Irish Times

David Mcwilliams

Ireland should have Apple houses as well as Guinness homes

In London on Thursday night I was chatting to a number of prominent British financial journalists. The Apple/Irish decision was, of course, top of the...

14.09.2024 20

The Irish Times

David Mcwilliams

We can’t live in a digital age without data centres. Ireland needs more of them

Maybe it is just me, but I find people showing me their phone’s photos, capturing some cherished moment or other, extremely tedious. Blurry videos...

31.08.2024 10

The Irish Times

David Mcwilliams

Ireland’s culture of objecting to housing developments comes at a high cost to young people

From a macroeconomic perspective, maybe for the first time ever, the major problem in Ireland is a supply side problem: demand is surging, but supply...

24.08.2024 10

The Irish Times

David Mcwilliams

Why can’t Ireland provide first-world transport infrastructure for a first-rate workforce?

The other night in Croatia I was chatting to a young man from the northern Serbian town of Subotica. Like so much of the region, Subotica is a town of...

17.08.2024 10

The Irish Times

David Mcwilliams

Decaying Dublin city centre could be caught in an urban doom loop

In 1992, I moved into a flat on Parliament Street in Dublin city centre. Back then, the four residents of the refurbished 18th-century building were...

10.08.2024 20

The Irish Times

David Mcwilliams

Today’s children could be worse-off than their parents

When I was a teenager, a friend’s south Dublin mother, in a one-stop effort to rank this unfamiliar young lad, on hearing my name asked: “Is that...

03.08.2024 10

The Irish Times

David Mcwilliams

Ireland has French Revolution-style levels of income inequality

Kamala Harris’s father, Donald Harris, an eminent economics professor at prestigious Stanford University in California, was described by the...

27.07.2024 30

The Irish Times

David Mcwilliams

So we’re going to have a 7m population. I’ve got a plan

This column has spoken before of the “10 million mindset”. The idea is that the population of the island is moving towards 10 million by the end...

20.07.2024 10

The Irish Times

David Mcwilliams

Ireland has an almost embarrassing abundance of revenue compared with the UK’s budgetary problems

London on the night of an England game is always a bit tense. The pubs are overflowing, Three Lions is being roared out of key by lads with more than...

13.07.2024 20

The Irish Times

David Mcwilliams

David McWilliams: Parents of many today’s 20-somethings have no idea what their adult children will do for a living

It’s not every morning I wake up thinking about Rembrandt’s dad, but the other day, amid much hand-wringing over radical politics, the image of...

06.07.2024 20

The Irish Times

David Mcwilliams

Aer Lingus pilots are unlikely revolution leaders but wages will have to rise for social peace

The first casualty of a strike is the truth. With both the Aer Lingus pilots and the management spinning the story, it’s difficult to know who is...

29.06.2024 20

The Irish Times

David Mcwilliams

France is politically goosed if Macron’s big gamble on a snap election fails

The election results in Ireland delivered their own type of shock in the form of the return of the old guard. Expectations create political momentum....

15.06.2024 20

The Irish Times

David Mcwilliams

David McWilliams: Ireland has a bigger welfare state than almost anywhere in the world

We’ve just come through a blizzard of electioneering, with slogans and pithy descriptions of the Irish economy and society bandied about wholesale....

08.06.2024 20

The Irish Times

David Mcwilliams

Populists have the environmental movement in their sights

As midlife crises go, relearning French is probably not a particularly adventurous option, but four days into an intensive language course in the...

01.06.2024 20

The Irish Times

David Mcwilliams

The British act of genius that Brexit couldn’t kill

The British Museum in Bloomsbury is a most extraordinary place to spend a few hours. The treasures of antiquity on display from Egypt, Sumer and...

18.05.2024 40

The Irish Times

David Mcwilliams

Apocalyptic scenes could await us if opioid pandemic hits amid housing crisis

It’s a Mad Max meets Trainspotting scene. The market district of Ottawa, the beautiful capital of the world’s second-largest country, home to the...

11.05.2024 40

The Irish Times

David Mcwilliams

In Ireland today, only rich people can afford to live in houses originally built for poor labourers

In 1824, Nathan Rothschild was rich enough to personally bail out the Bank of England. By 1836, at the age of 56, the wealthiest man in the world died...

04.05.2024 70

The Irish Times

David Mcwilliams

David McWilliams: A small town in Co Kerry and a formula for rejuvenating rural Ireland

This week, a letter from Kenmare to the editor outlined the plight of small businesses in small Irish towns. The writer explained how the heart has...

27.04.2024 10

The Irish Times

David Mcwilliams

Online shopping is undermining the traditional high street but high rates are killing shops

This week, a letter from Kenmare to the editor outlined the plight of small businesses in small Irish towns. The writer explained how the heart has...

27.04.2024 50

The Irish Times

David Mcwilliams

The Bertie Ahern world with the Simon Harris universe when it comes to housing are radically different

While not agreeing with the economics of it, I could see the politics behind Bertie Ahern’s housing-banking Celtic Tiger policy. Build loads of...

20.04.2024 10

The Irish Times

David Mcwilliams

America and China are pursuing a type of industrial cold war

In 1943, Alice O’Connor created Howard Roark, the hero-protagonist of her best-selling and controversial book The Fountainhead. Alice O’Connor was...

13.04.2024 20

The Irish Times

David Mcwilliams

David McWilliams: A successful, prosperous Gaza is possible. Here is a model

In the final months of the second World War, the various victorious powers sketched out their vision for the devastated Germany. What would a postwar...

06.04.2024 10

The Irish Times

David Mcwilliams

Nimbyism is blocking homes being built. It has to stop

When people object to development, when they claim a right to light or lodge a judicial review to ascertain what the constitutionally acceptable...

30.03.2024 30

The Irish Times

David Mcwilliams

Ireland needs a dose of ‘Protestant pragmatism’, where power is delegated to the people

The gothic cathedral of St Peter, perched on top of the walled citadel of Geneva’s old town, is completely devoid of ornamentation. No candles or...

24.03.2024 30

The Irish Times

David Mcwilliams

David McWilliams: Ireland needs a dose of ‘Protestant pragmatism’

The gothic cathedral of St Peter, perched on top of the walled citadel of Geneva’s old town, is completely devoid of ornamentation. No candles or...

23.03.2024 10

The Irish Times

David Mcwilliams

David McWilliams: Inheritance makes inequality permanent and favours children of the rich

It is easy to dismiss last week’s referendum result as an inconsequential one-off, based on an unimportant issue, foisted on the people by an...

16.03.2024 10

The Irish Times

David Mcwilliams

David McWilliams: Bitcoin’s real value is based on the greater fool theory

Bitcoin is back in the news. The gyrations of its price are noteworthy because they create extreme excitement for its enthusiasts. These people...

09.03.2024 20

The Irish Times

David Mcwilliams

We are witnessing the death throes of RTÉ. I say this with a heavy heart

RTÉ is going out of business. Businesses go bust all the time. Technology can blindside a legacy business, or bad management, but sometimes it’s...

02.03.2024 10

The Irish Times

David Mcwilliams

If Ireland is to develop in a less Dublin-centric way, Cork must grow

Did you know that this year is the 40th anniversary of the opening of the Dart line? How time flies. In 1984, Irish GDP was €20 billion; today...

24.02.2024 20

The Irish Times

David Mcwilliams

Ireland needs to be more like Ryanair and less like Irish Rail

When you look around Ireland and take in the fiasco of the Children’s Hospital, the saga that is the Dublin Metro or the inability to provide...

17.02.2024 40

The Irish Times

David Mcwilliams

David McWilliams: Climate change is a threat. Fanaticism is a bigger one

This week the European Copernicus Climate Change Service revealed that the world just experienced the warmest January on record. The average...

10.02.2024 20

The Irish Times

David Mcwilliams

David McWilliams: We are only at the end of the beginning of Brexit

In November 1942, Europe was in dire need of a bit of good news. It came from Egypt, where after three years of defeats, retreats, setbacks and Nazi...

03.02.2024 20

The Irish Times

David Mcwilliams

David McWilliams: The Irish economy is a dog chasing its own tail

By any reliable economic measure, Joe Biden should be strolling in the USA. The US economy posted more than 3 per cent growth in the final quarter of...

27.01.2024 10

The Irish Times

David Mcwilliams

‘People before bonnet’: a battle for the heart and soul of my town is ongoing

A battle between the past and the future is playing out in Dún Laoghaire. Dún Laoghaire-Rathdown County Council, which has done an amazing job at...

20.01.2024 10

The Irish Times

David Mcwilliams

David McWilliams: Let’s redraw the mental map of Ireland in which all roads lead to Dublin

We all know that Ireland’s demographic history is one of the most unusual and tragic in Europe. The collapse of the population from the early 19th...

13.01.2024 30

The Irish Times

David Mcwilliams

Today’s column comes from Los Angeles, where streets paved with gold are also boulevards of broken dreams

O’Connell School in Dublin 1 has produced its fair share of taoisigh, sports people and journalists, writers and poets, but maybe few are as...

06.01.2024 20

The Irish Times

David Mcwilliams

AI will be of most benefit to educated countries like Ireland

I’m looking at one of the last original Gutenberg Bibles. It’s beautiful. There are only 48 left in the world and only 12 remaining on animal hide...

16.12.2023 8

The Irish Times

David Mcwilliams

David McWilliams: Ireland’s finances are healthy but the public mood is fragile

Last week, the column spoke about the possibility of a 2nd Irish Republic. The idea is that this Republic has run its course and, like the French did...

09.12.2023 10

The Irish Times

David Mcwilliams

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