Sean Whelan: Making the most of leprechaun economics

A bomb has gone off in Dublin - but not the one our old friend Jean-Claude Trichet was expecting. This was a data bomb, delivered with absolute precision by the CSO, and its effects are only beginning to be felt.

Naturally publishing a 26 per cent GDP growth figure led to scorn, incredulity and stereotyping from the Anglo Saxon press, as well as scorn, incredulity and self-loathing from its Irish counterpart.

Paul Krugman’s ...