Dan O’Brien: Flashing state cash at every ‘crisis’ can become a hard habit to break

Stimulus packages are all very well as a stopgap, but uncontrolled public spending increases funded by higher taxes and borrowing risks killing the goose that laid the golden eggs

5th September, 2021
Dan O’Brien: Flashing state cash at every ‘crisis’ can become a hard habit to break
One issue of concern about is how little the new fashion for fiscal stimulus focuses on the quality of public spending. Picture: Fergal Phillips

Entrepreneurialism, competition, free markets and globalisation are the four cornerstones of Irish prosperity. In a country in which the national conversation is so dominated by how the state should remedy every ill, wealth creation – how it happens, the environment it needs to thrive and who makes it happen – rarely receives the attention it deserves.

This column intends to place it front and centre, not least because by taking prosperity for granted, in a...

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