What If Ireland Defaults? (2012)
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4 Ireland’s Public Debt – Tell Me a Story We Have Not Heard Yet … Seamus Coffey Seamus is a lecturer in the School of Economics in University College Cork.
There has been an ongoing, and at times confusing, debate about what Ireland’s public debt will be in 2015. This chapter aims to look at some of the different elements of Irish public debt and the factors that can pull us away from the precipice of a sovereign default. This would be relatively straightforward if there was a universally ac...cepted definition of public debt; there is not.
Economists are at heart storytellers. As storytellers, economists decide what matters for their purposes; they are, in a word, selective. By appreciating economists as storytellers, the general public can perhaps appreciate better why economists disagree. The spectre of default in Ireland is an exemplar of storytelling and how appreciating the choices the economist as storyteller makes is crucial in enabling the reader of such stories entering into that economist’s imaginative world.
What to read after What If Ireland Defaults??
You can find similar books in the "Read Also" column, or choose other free books by Brian Lucey to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
4 Ireland’s Public Debt – Tell Me a Story We Have Not Heard Yet … Seamus Coffey Seamus is a lecturer in the School of Economics in University College Cork.
There has been an ongoing, and at times confusing, debate about what Ireland’s public debt will be in 2015. This chapter aims to look at some of the different elements of Irish public debt and the factors that can pull us away from the precipice of a sovereign default. This would be relatively straightforward if there was a universally ac...cepted definition of public debt; there is not.
Economists are at heart storytellers. As storytellers, economists decide what matters for their purposes; they are, in a word, selective. By appreciating economists as storytellers, the general public can perhaps appreciate better why economists disagree. The spectre of default in Ireland is an exemplar of storytelling and how appreciating the choices the economist as storyteller makes is crucial in enabling the reader of such stories entering into that economist’s imaginative world.
What to read after What If Ireland Defaults??
You can find similar books in the "Read Also" column, or choose other free books by Brian Lucey to read onlineMoreLess
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