Tough medicine

While Nama is flawed, it remains to be seen whether there is a better alternative to the country’s economic ills

29th August, 2009

The debate on the merits of the proposed National Asset Management Agency (Nama) moved up several gears last week with the publication of an article critical of the plan signed by 46 academic economists.

To acertain extent they were pushing an open door. Their criticisms of elements of the plan came as the public grows more nervous about something it doesn’t fully understand.

Meanwhile, a number of opposition parties are saying they’ll vote against...

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