Jim Power (economist)
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Jim Power is a self-employed economist, previously Chief Economist at Friends First, a subsidiary of insurance multinational
Achmea Achmea Holding N.V. is one of the largest suppliers of financial services (mainly insurance) in the Netherlands. The company was formed by a merger of Zilveren Kruis and Avéro Centraal Beheer Groep on January 1, 1995. The roots of Achmea date ...
. From Waterford, Ireland, he is married and has children. Power attended
University College Dublin University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Ireland, and a collegiate university, member institution of the National University of Ireland ...
(UCD). He has worked for the
Bank of Ireland Bank of Ireland Group plc ( ga, Banc na hÉireann) is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Iris ...
as its Chief Economist, and for
Allied Irish Banks Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, trav ...
as its Treasury Economist. He teaches at
Dublin City University Dublin City University (abbreviated as DCU) ( ga, Ollscoil Chathair Bhaile Átha Cliath) is a university based on the Northside of Dublin, Ireland. Created as the ''National Institute for Higher Education, Dublin'' in 1975, it enrolled its f ...
and at UCD's Michael Smurfit Graduate Business School. His weekly column features in the ''
Irish Examiner The ''Irish Examiner'', formerly ''The Cork Examiner'' and then ''The Examiner'', is an Irish national daily newspaper which primarily circulates in the Munster region surrounding its base in Cork, though it is available throughout the country. ...
'', and he is often to be seen commentating in Ireland's media, in newspapers, on radio and on television programmes such as '' Tonight with Vincent Browne''. He also edits Friends First's ''Quarterly Economic Outlook''. In April 2007, Power appeared on ''
Prime Time Prime time or the peak time is the block of broadcast programming taking place during the middle of the evening for a television show. It is mostly targeted towards adults (and sometimes families). It is used by the major television networks to ...
'' where he vehemently opposed UCD Professor of Economics
Morgan Kelly Morgan Kelly (born 23 June, 1976) is a Canadian actor, best known for his roles on ''Being Erica'' and '' Killjoys''. Career Kelly is known for his role on '' Fries with That?'' as Alexander "Alex" Kurzi. He also appears on ''Falcon Beach'' as ...
's warning that Ireland was heading for economic disaster. Power repeatedly insisted that the Irish property bubble would become "more sustainable in the long term", that it would not burst, and that "the reality is that those things oaring interest rates, employment shortage, a lot of foreign multinationals leaving the countryare unlikely to happen". Within months it had. Power later took to writing about the financial crisis. His first book, ''Picking Up the Pieces'', appeared in 2009. Dublin Central TD
Paschal Donohoe Paschal Donohoe (born 19 September 1974) is an Irish Fine Gael politician who has served as Minister for Public Expenditure and Reform since December 2022 and President of the Eurogroup since July 2020. He has been a Teachta Dála (TD) for the ...
said - "humane thought provoking book."


References

{{DEFAULTSORT:Power, Jim Year of birth missing (living people) Living people Post-2008 Irish economic downturn Academics of University College Dublin Alumni of University College Dublin Irish columnists 21st-century Irish economists Irish Examiner people People associated with Dublin City University Scholars and academics from County Waterford 20th-century Irish economists