A forensic, entertaining polemic from the author of The Pope's Children. Ireland is deeply in debt, beholden to the IMF, the EU and the bond markets. Its economy is frozen, and years of austerity are ahead. It didn't have to be this way - and it doesn't have to be this way. In The Good Room, David McWilliams, who spotted the dangers of the Irish property bubble and imbalances within the eurozone at a time when other commentators were cheerleading the boom, explains the bizarre economics behind Ireland's current predicament, and illuminates a different path for the country. He illustrates the consequences of debt and austerity for ordinary Irish people and explains why austerity can't work. And he shows that history offers numerous useful models for Irish recovery - provided we open our eyes to them. Economics is about people like you. The Pope's Children was the book that connected the dots between economics and daily life in Ireland during...
Description:
A forensic, entertaining polemic from the author of The Pope's Children.
Ireland is deeply in debt, beholden to the IMF, the EU and the bond markets. Its economy is frozen, and years of austerity are ahead.
It didn't have to be this way - and it doesn't have to be this way. In The Good Room, David McWilliams, who spotted the dangers of the Irish property bubble and imbalances within the eurozone at a time when other commentators were cheerleading the boom, explains the bizarre economics behind Ireland's current predicament, and illuminates a different path for the country. He illustrates the consequences of debt and austerity for ordinary Irish people and explains why austerity can't work. And he shows that history offers numerous useful models for Irish recovery - provided we open our eyes to them.
Economics is about people like you. The Pope's Children was the book that connected the dots between economics and daily life in Ireland during...