Frugal Dev’s legacy wiped away by a generation of greedy gougers
It was when Fianna Fáil first came to power after almost a decade of Cumann na nGaedheal rule. There are some haunting similarities.
“The Roaring Twenties” was an era of unprecedented international boom in which laissez-faire economics dominated. Governments did not interfere in economic matters. In modern parlance laissez-fire could be translated as “light touch regulation”.
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