Karl Whelan
@karlwhelan.bsky.social
Professor of Economics, University College Dublin. www.karlwhelan.com has research, teaching materials, stuff on the ECB and even a few old blog posts. Remember them? Currently doing research on betting and prediction markets and some macro things.
Now it's being framed as "saving jobs". The country is at full employment. Letting restaurants earn bigger profits won't create a single new job - if they more hire people, they will just take them from elsewhere. And the measure is hugely expensive. An awful policy. And I suspect Paschal knows it.
October 3, 2025 at 10:06 PM
Now it's being framed as "saving jobs". The country is at full employment. Letting restaurants earn bigger profits won't create a single new job - if they more hire people, they will just take them from elsewhere. And the measure is hugely expensive. An awful policy. And I suspect Paschal knows it.
I bet the Bank is super careful about its budget for tea and biscuits because "public money dear boy ..." but somehow they think it's fine to implement their main policy in a way that is unnecessarily expensive for the taxpayer.
September 15, 2025 at 10:47 AM
I bet the Bank is super careful about its budget for tea and biscuits because "public money dear boy ..." but somehow they think it's fine to implement their main policy in a way that is unnecessarily expensive for the taxpayer.
Yep. I'm well aware he was a terrible guy. Deleted the post to stop this kind of nonsense being in my messages.
September 15, 2025 at 10:08 AM
Yep. I'm well aware he was a terrible guy. Deleted the post to stop this kind of nonsense being in my messages.
One person's logical fallacies and invalid arguments are another person's "common sense". I didn't like the guy at all. I just thought the reaction to Ezra's piece wasn't fully justified.
September 12, 2025 at 11:19 AM
One person's logical fallacies and invalid arguments are another person's "common sense". I didn't like the guy at all. I just thought the reaction to Ezra's piece wasn't fully justified.
Yep. I wasn't a fan.
September 12, 2025 at 8:42 AM
Yep. I wasn't a fan.
These ideas go way beyond one guy and those young minds are exposed to them everywhere. Ezra's point - "Liberalism could use more of his moxie and fearlessness" - is these ideas need to be challanged with the same energy with which they are being promoted.
September 12, 2025 at 7:42 AM
These ideas go way beyond one guy and those young minds are exposed to them everywhere. Ezra's point - "Liberalism could use more of his moxie and fearlessness" - is these ideas need to be challanged with the same energy with which they are being promoted.
I will also point out that I don’t post much here but I made the Hitler analogy in response to an article by Simon Jenkins praising Trump. But because it was Trump not guys like Kirk.
September 11, 2025 at 10:41 PM
I will also point out that I don’t post much here but I made the Hitler analogy in response to an article by Simon Jenkins praising Trump. But because it was Trump not guys like Kirk.
Ok, but I didn't make the argument about Hitler, did I? Sorry I replied tbh. Too old for this shit.
September 11, 2025 at 9:07 PM
Ok, but I didn't make the argument about Hitler, did I? Sorry I replied tbh. Too old for this shit.
He said lots of stuff that was obviously wrong but people who live in a bubble of self-feeding disinformation usually really belive the nonsense they spout is correct. I suspect he rarely believed he was outright lying. And while he added to the division, he was more a symptom than a cause.
September 11, 2025 at 8:53 PM
He said lots of stuff that was obviously wrong but people who live in a bubble of self-feeding disinformation usually really belive the nonsense they spout is correct. I suspect he rarely believed he was outright lying. And while he added to the division, he was more a symptom than a cause.
Congratulations on the Godwin's law in one step contribution. This guy literally was not Hitler.
September 11, 2025 at 8:49 PM
Congratulations on the Godwin's law in one step contribution. This guy literally was not Hitler.
I gave up after writing this and then seeing the exact same discussion a year later. I'm out of the UK fiscal commentary business.
karlwhelan.com/blog/?p=2132
karlwhelan.com/blog/?p=2132
On the UK’s Fiscal Black Hole | Karl Whelan
karlwhelan.com
September 9, 2025 at 9:05 AM
I gave up after writing this and then seeing the exact same discussion a year later. I'm out of the UK fiscal commentary business.
karlwhelan.com/blog/?p=2132
karlwhelan.com/blog/?p=2132
When it’s annual black hole season, you’ve gotta do the black hole thing. It’s a modern British cultural tradition.
September 9, 2025 at 9:01 AM
When it’s annual black hole season, you’ve gotta do the black hole thing. It’s a modern British cultural tradition.
And yet this is somehow actually worse. Would it have killed someone from UCD HR to sit in front of a camera for 3 minutes and read a script?
August 1, 2025 at 5:16 PM
And yet this is somehow actually worse. Would it have killed someone from UCD HR to sit in front of a camera for 3 minutes and read a script?
Two bottom lines.
- Don't accept offers on prediction markets. If you want to have any chance of making money, you have to make the offers.
- Don't buy low-priced contracts. And there is some evidence you can make money offering them.
- Don't accept offers on prediction markets. If you want to have any chance of making money, you have to make the offers.
- Don't buy low-priced contracts. And there is some evidence you can make money offering them.
July 19, 2025 at 12:47 PM
Two bottom lines.
- Don't accept offers on prediction markets. If you want to have any chance of making money, you have to make the offers.
- Don't buy low-priced contracts. And there is some evidence you can make money offering them.
- Don't accept offers on prediction markets. If you want to have any chance of making money, you have to make the offers.
- Don't buy low-priced contracts. And there is some evidence you can make money offering them.
Basically, yes. The money came from DAZN who seem to have got the money from Saudi.
www.theguardian.com/football/202...
www.theguardian.com/football/202...
Uncontested: Dazn’s $1bn story reveals why the Club World Cup is really here
Saudi-backed streaming superpower’s broadcasting deal for Fifa’s global project is the next expansionist step towards a world super league
www.theguardian.com
July 13, 2025 at 9:53 PM
Basically, yes. The money came from DAZN who seem to have got the money from Saudi.
www.theguardian.com/football/202...
www.theguardian.com/football/202...