If we are doing fun cosmological facts here is another one: if the universe wasn’t expanding there would be no night time. Without expansion the intensity of stars at radius r falls with the cube, but the number of stars at distance r grows with the cube so each concentric sphere adds more light.

Show Post

Thanks - I should have checked directly… it’s a shame as there is still a good story to be told here. Here’s the link to the full cost benefit if anyone is interested assets.gov.ie/static/docum...

Show Post

Yep. It’s been grim for a while. The combination of high employment and hard to fire means hiring people without proven skills becomes hard to justify. Continental labour markets have had this insider/outsider dynamic for ages and economists consider it bad so obviously Labour wants to copy them.

Show Post

A large missing element is council tax. My family in Ireland were shocked when I told them I paid almost £2500 a year - out of my net pay. A higher rate than many expensive properties in leafy parts of London.

Show Post

I think that in retrospect the answers are (1) yes, and so monetary policy should have looked through rather than reacted to transitory inflation; but also (2) yes, and so monetary policy should have begun a gradual interest rate liftoff starting in early 2021; plus (3) Vladimir Putin enters... 2/

Show Post