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February 10, 2009



I dunno, are people really convinced that insulation will save them all this money? Convinced enough to fork out money now for savings later? Is there much of a retro-fitting market as things stand?

It seems like the sort of thing that it might be difficult to persuade people on low incomes of.


Would the new requirement to have an energy rating when selling your home not stimulate interest?


Good point, hadn't thought of that. Wonder how well that's being enforced. (I suppose to answer that question there would have to be some homes being sold...)

Fergal Greene

Hi Michael,
I stumbled onto your blog and I am really delighted to have done so.Your deconstruction of certain economists' propaganda is a welcome breath of fresh air.Keep up the good work.

PS any chance of a article on the fascinating "socialist" economic model of Emilia Romagna in Italy?


Reasonable article by David Manning of MediaBite in the current issue of the resurrected Village, examining the role of the media in the property boom-bust cycle. One recollection towards the end drew me back to Notes on the Front/ August 2008 and the concurrent Irish Times series presenting Irish business leaders solutions to the unfolding crisis. It's gold:

"...who do the media turn to looking for solutions to the crisis? Denis O'Brien of course - who recommended only months ago in the Irish Times that the disgraced Chairman of Anglo Irish Bank Sean Fitzpatrick be encouraged by the Health Service Executive (HSE) to become part-time executive chairman of public hospitals."

And indeed there Sean was in O'Brien's list of top candidates:

"In the health sector successful individuals with international expertise and experience of large-scale organisations should be encouraged to become part-time executive chairmen of public hospitals by the Health Service Executive (HSE). People like Dermot Desmond, Seán Fitzpatrick, Liam O'Mahony, Philip Lynch, Jim Barry, Bernard McNamara, Ann Heraty and Leslie Buckley would bring a new dimension of expertise to this sector."
Irish Times, 15/08/08

Michael Taft

Fergal, thanks for the comment. Ah, the Emilia Romagna - takes one back to the days of the Historical Compromise and Euro-communism. I will be doing up a piece on public sector intervention into the market economy. And the ideas behind the still on-going structures behind the PCI inspired innovation will be part of that. Thanks for reminding me of something that not only works, but is progressive.

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