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{ Tag Archives } Fiscal policy

Prudence in the face of the unknown is key

Cross posted at the TASC-blog.
It is almost never correct to sacrifice a present benefit for a doubtful advantage in the future. Ireland’s political classes understand this truism at the genetic level. In a world where less and less seems predictable, Ireland faces multiple uncertainties: we cannot afford to splurge on one by neglecting the other.
The [...]

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How wage agreements eroded competitiveness

Image via Wikipedia
Not entirely sure how I missed this, but my colleague Dr Tony Leddin has a piece called How wage agreements eroded competitiveness in the Irish Times describing the recent history of Ireland’s attempts to get to grips with the spiral of wage increases following inflation following wage agreements. It seems clear from [...]

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