Michael Murray: The Perils Of Populism

Michael Murray: The Perils Of Populism
Michael Murray: the wealth gap is sowing discontent Picture: Maura Hickey

“Little has happened in politics here over the past two years to give encouragement to the private investor. When did you last hear an Irish politician make a statement of support for private equity investors or risk-taking?”

On the surface, things look good: unemployment is low and has been getting lower. Inflation remains modest and interest rates remain at historic lows. Growth has been sustained. Productivity continues to rise and innovation has never been greater.

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