Sunday May 31, 2020

Troika’s claim that Ireland is doing fine is a load of junk

Irish economist Wynne Godley specialised in ‘common sense, economics. So where’s the common sense in saying we’re doing fine when the markets are abandoning us?

16th July, 2011
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Wynne Godley, the brilliant Anglo-Irish economist who sadly died last year, once declared that, because he wasn’t much good at mathematics, he was one of those economists who was ‘‘obliged to learn how to think’’.

Godley’s people come from Carrigallen in Co Leitrim, where he spent his childhood summers. Gladstone granted a title to Wynne’s grandfather, Lord Kilbracken, because of his support for the Liberal cause of Home Rule...

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