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- Blog Post
- Posted 5 years ago
No Deal Brexit and the Effect on Europe
The Brexit clock is now deafening, and the British political and media establishments seem utterly consumed by its inexorable ticking. In the public realm, little else is considered, even less discussed. And yet, despite this obsession, with just 42 days before Britain departs the European Union, negotiations for a withdrawal agreement remain in deadlock, and the hopes of breakthrough seem to be fading. At the core of the dispute is the Irish backstop and, by proxy, participation in a customs union. On both, neither the Conservatives nor Labour appears capable of sincere compromise, favouring, instead, a game of high-risk brinksmanship. The stakes: the future of the country. By using the approaching deadline as leverage, aimed to cow opposition, Prime Minister Theresa May is gambling, big. And at the point of writing, it's unclear who will hold their nerve. Without concessions being made, Britain will crash out of the EU with no deal, with World Trade Organisation (WTO) tariffs beckoning.
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- Blog Post
- Posted 10 years ago
The Economics of St. Patrick’s Day
While today might just be another Monday for most of us around the world, for the nearly 37 million claiming Irish ancestry (more than 8 times the current population of Ireland), for many living on the Emerald Isle and for those who might just be interested in donning some green and downing a Guinness, St. Patrick’s Day is a beloved holiday. Following in the vein of such posts as Christmas Economics and Halloween Economics, we wanted to get in on the St. Paddy’s fun, but of course with an economics twist.