Bill Mitchell — Ireland – not as rosy as the official story might suggest

Everything you wanted to know about the Irish economy.

In fact, the Irish economy in total is only 68 per cent the size that the GDP data would suggest – around a third smaller. Further, the modified Gross National Income series has barely grown since the crisis indicating that the Irish population has not received much in return for the hardships the austerity has inflicted upon them.

Bill Mitchell – billy blog
Ireland – not as rosy as the official story might suggest
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia