29/6/2013: Nama valuations update to May 2013

In the previous post I looked at the latest prices trends in Irish property markets. Now, as promised, an update on Nama valuations.

Note: these numbers are indicative, rather than exact estimates.

15/6/2013: Weekend reading links: Part 2

The second part of my Weekend Reading links on Art and Science and No-Economics (see the first part here: http://trueeconomics.blogspot.ie/2013/06/1462013-weekend-reading-links-part-1.html)

Let's start with this:

http://vida.fundaciontelefonica.com/project/may-the-horse-live-in-me/
It's not a horse meets artist or vice versa, but an artist 'becomes' a horse. Literally, physiologically. Amazing stuff, although MrsG thought it is taking performance art a bit too far.


Next up - amazing show of new work by one of my favourite artists of all times: Gerhard Richter
http://www.mariangoodman.com/exhibitions/2012-09-12_gerhard-richter/%20and%20related
Couple of images:

The migration of Richter's work toward more linear, form-focused, less figurative work over recent years has been in tune with what is happening around the world of abstract art today. I love it, but the 'old' Richter (second image above from 2005: http://www.mariangoodman.com/exhibitions/2009-11-07_gerhard-richter/) is much more dynamic and still more appealing to my aged self. From that vantage point, an even more brilliant show of works by the artist is here: http://www.ludorff.com/en/exhibition/gerhard_richter_abstrakte_bilder/works . Art Basel 2013 has more vintage Richters too.


http://www.mariangoodman.com/artists/ has some very interesting artists I knew far less about. Great example is Julie Mehretu: http://www.mariangoodman.com/exhibitions/2013-05-11_julie-mehretu/#/images/7/

Reminds me of one of my old favourites: a merger of abstraction by Cy Thombly (http://www.cytwombly.info/) and mathematical / architectural precision of Alberto Giacometti: http://www.fondation-giacometti.fr/en/art/16/discover-giacometti/ scroll down to Encounters, Portraits and Fifty Years of Prints sections for the likes of

Wyeth cross over too… for some reason… maybe geometry or Giacometti-esque reference to line?

Lastly for the arts: cool images from the Arctic spying outpost: http://www.wired.com/rawfile/2013/06/charles-stankievech-northernmost-settlement/

On science: a quick link to the Science Gallery - brilliant place, brilliant coffee, brilliant crowd: http://sciencegallery.com/

On a personal note: I came across this wonderful set of radio spots recorded for Mount Juliet. Followers of mine would know I was recently privileged to cast a fly (more like nymphs and wet flies) at the estate and can attest to the superb quality of water there. The spots are lovely and worth listening to: http://www.mountjuliet.ie/radio-adverts/

My favourite is The Ghillie one. I did not use ghillie's services on my day on the Nore, preferring the 'risk' of reading the river on my own, but I had wonderful help and conversation with the staff member who helped me with the waders and dry room and fishing room. Superb. And superb doesn't even begin to describe the late-very-late breakfast I got on my return from 5am-noon fishing.

Loved it. And here's one of my friends from the Nore who is still happily swimming in his pool…

Update: I rarely update the Weekend Reading Links posts after they are out, but here are more interesting links, this time on science.


A convoluted title of this paper: "Action video game playing is associated with improved visual sensitivity, but not alterations in visual sensory memory" should not be a deterrent from reading its very interesting findings. Basically, games players (for electronic games that is) tend to be able to see more in the faster-paced and more complex scenes than non-gamers. However, what they see they don't remember all too well after the fact. I am not even sure they comprehend what they see any deeper either, but that a different topic all together. http://link.springer.com/article/10.3758%2Fs13414-013-0472-7


Further evidence that Anglo Irish Bank was lending well beyond the constraints of our planet was found by Nasa: http://arstechnica.com/science/2013/06/nasa-finds-unprecedented-black-hole-cluster-near-andromedas-central-bulge/ In brief, the Andromeda's core is about as concentrated with black holes as Dublin docklands: http://www.independent.ie/business/irish/nama-behind-70pc-of-the-vacant-docklands-sites-29346104.html

19/5/2013: Namawinelake closure

I do not know the reasons behind the Namawinelake decision to stop operations, but the announcement that the blog will cease publishing new material starting from tomorrow was a shocker for me.

I can attest from my own & others' experiences that those of us who run anything independent of the officialdom mouthpieces (regardless of political / ideological orientation or even the lack of one) have near-zero support (moral or citations- and links-wise) from our internal (not to be confused with international) media and all businesses.

Those in our society, including the traditional media, who only benefit from the free analysis and the climate of openness and debate the independent analysts help to create prefer to endlessly endorse and support, including via advertising revenues, cross-links, citations and readership, those who offer no alternative but consensus.

In contrast, independent analysts in Ireland operate in the environment of constant, usually indirect, 'soft', pressure from the part of the Irish society which is fully aligned with the official elite. This 'aligned' sub-section of Ireland often has direct and indirect support (including financial) from major business, political and ideological organisations in this country, and even from European organisations. Because of this, Irish new independent media remains relatively small, under-resourced and often marginalised.

The rarity of honest, no-spin analysis in this country is exemplified by the rarity of excellence regularly provided by a handful of independent blogs, like Namawinelake. To say that Namawinelake will be missed is a massive understatement for me, personally.

Any healthy society requires healthy dissent both in the traditional and new media, funded and resourced by the society that values debate, honesty, independence and discourse. Any healthy economy requires a healthy society. It is a benefit to businesses, their customers, their investors, as well as in the interest of the entire nation to nurture and support such dissent. I can only hope that Namawinelake closure had nothing to do with our collective and repeated, long running failures to recognise the immense personal, social and economic values of the independent new media.