Government struggles for innovation as the rest fight to survive

There is one thing that Ireland and the EU have in common — a lack of innovative thinking.

Finance Minister Michael Noonan says a herd mentality and a dangerous consensus at the top of Government and the banking sector is to blame for the country’s nosedive into debt.

But there is no sign of a real change from the policies that brought us to this point. There seems to be a complete ignorance of studies which show that the more inequality and the greater the gap between a country’s rich and poor, the less wealthy and healthy that society is.