We create our own buzz

Things will improve, because that is what they do: ‘animal spirits’ and an optimistic next generation will make sure of it

31st December, 2014
6
People control the economy: in the boom we were far too optimistic and silly mistakes were made Picture: Feargal Ward

Yesterday, in rural Kilkenny, a man stopped me and asked me when the recovery would be felt in the countryside. He told me he was watching the TV and listening to the radio about the recovery in Dublin and Cork, but he wasn’t feeling it.

His question was whether this recovery is real. By this he meant, is it well founded or just hot air – and more importantly, can it spread from...

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