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Tuesday, Mar 16th 2010


About Terrence McDonough

Terrence McDonough is Professor of Economic in National University of Ireland, Galway.

Visit Terrence McDonough at Dept of Economics, NUI Galway »

Articles by Terrence McDonough

Ireland is Bankrupt. Now Let’s Get Over It

Goodbody Stockbrokers is predicting a decline in GDP this year of 6% unsettling public finances. Irish Nationwide has been downgraded by Moody’s to one notch above junk. Ireland is bankrupt. More specifically, its financial institutions are bankrupt, its government is bankrupt and, unfortunately, many of its businesses and citizens are bankrupt. But this is not [...]

Getting Off the Long Run Roller Coaster: A Response to Michael Taft’s 10 Proposals

Michael Taft’s 10 point plan for addressing the profound problems which face the Irish economy is an excellent starting place for discussion of the response of the left.  Its major strength is that it recognizes that we cannot get beyond the current impasse without a comprehensive list of separate but intimately related changes in the [...]