Ireland’s ‘Thriving’ Economy : A Lesson in Deceiving GDP - commentaires Ireland's ‘Thriving' Economy : A Lesson in Deceiving GDP 2023-02-17T09:10:46Z https://www.taurillon.org/ireland-s-thriving-economy-a-lesson-in-deceiving-gdp-14080#comment24227 2023-02-17T09:10:46Z <p>Great article. Would you have any predictions for Irish economy based on what you have outlined above ?</p> Ireland's ‘Thriving' Economy : A Lesson in Deceiving GDP 2022-08-06T22:17:40Z https://www.taurillon.org/ireland-s-thriving-economy-a-lesson-in-deceiving-gdp-14080#comment24171 2022-08-06T22:17:40Z <p>Being from Ireland I sympathise with the thrust of your argument, and you make some good points, except for a few places where you fudged it.</p> <p><span class="spip-puce ltr"><b>–</b></span> Looking back at this article from August 2022, the emphasis on our unemployment rate doesn't look good ; we have actually come through Covid pretty well in that regard, with an unemployment rate currently standing at 4.3%. But then again, hindsight is 20/20.</p> <p><span class="spip-puce ltr"><b>–</b></span> With the Double Irish being phased out, you wrote “the damage was already done” because multinationals had already settled in the country. What is the damage you're referring to ? (The cynic in me says ‘the empowerment of a non-major EU state', perhaps). As a consequence of its modern governance Ireland is now a fairly wealthy country - the excesses of which have now been checked by supranational authority. Past and locked-in future investment in Ireland is not an inherently bad thing.</p> <p><span class="spip-puce ltr"><b>–</b></span> Ireland is a more agrarian economy than most but I'm not sure you can call it “primarily an agrarian nation”. I'd be interested in seeing more about this.</p> <p><span class="spip-puce ltr"><b>–</b></span> Just to clarify your remark on rent : here when you say average you are referring to the mean, not the median, which ought to be explicit. (Either that or you're not including the metropolitan area, but even then I have trouble imagining the figure you provide to be a median, particularly for 2020).</p> <p>For what my 2 cents is worth, this is a good article that would have been even better if it explored the structure of the Irish economy (and its injustices) instead of reasserting the worn Krugman political critique.</p> Ireland's ‘Thriving' Economy : A Lesson in Deceiving GDP 2022-02-20T15:48:50Z https://www.taurillon.org/ireland-s-thriving-economy-a-lesson-in-deceiving-gdp-14080#comment24110 2022-02-20T15:48:50Z <p>Thank you for your article. I live in Portugal an unfortunately there's are some politicians here that say we should follow Irish model. Thank you for clarifying we shouldn't.</p>