It’s not just the ‘celebrity’ economists at fault
One of the more notable contributions to the debate has been that of former taoiseach Garret FitzGerald in his column last Saturday.
Mr FitzGerald claims that the international markets lack the capacity to assess adequately the financial situation of smaller states like Ireland and often rely on ill-informed media reports and ‘celebrity’ economists who have been seeking publicity by claiming that Ireland’s problems are so great that the country will eventually have to default. Ouch!
