Some economic indicators tell us nothing about our quality of life

Inflation figures do not measure the cost of living, and in our hyper-globalised economy it’s not always easy to count what’s real and what’s not

19th January, 2020
Some economic indicators tell us nothing about our quality of life

Ireland is not representative of the political and economic trend across the rich democracies of the world. A decade of austerity since the great financial crisis has created popular support for anti-system politics. Centre-left and centre-right parties are being challenged by new parties and new political movements on the left and right. Most countries are grappling with secular stagnation – zero inflation and weak economic and employment growth. This is not the case in Ireland.

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