Posts Tagged ‘Ireland’


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Irish Government Raids Private Pensions to Pay for Spending Crisis


Tuesday May 10th, 2011   •   Posted by David Theroux at 10:03pm PDT   •   0 Comments

In “Irish Bombshell: Government Raids PRIVATE Pensions to Pay for Spending,” in the Business Insider, Joe Weisenthal and Gregory White report on what some people consider might be an ominous sign for future policies in the U.S. and other countries to address the gigantic spending and debt crisis. The Irish government plans to institute…
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Ireland’s Reality Is Our Reality


Wednesday November 24th, 2010   •   Posted by Emily Skarbek at 10:04am PST   •   2 Comments

As the government of Ireland undergoes scrutiny and criticism for its poorly mismanaged fiscal house, the media risks missing the primary lesson. Poor public sector incentives drive politicians to enact policies that defy the laws of economics. There is no such thing as a free lunch—not even a Keynesian lunch of government issued corn…
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