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Ship of Fools: How Stupidity and Corruption…
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Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger (edição 2010)

por Fintan O'Toole

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1153183,337 (3.63)1
The death of the Celtic tiger is not an extinction event to trouble naturalists. There was, in fact nothing natural about this tiger, if it ever really existed. The "Irish Economic miracle" was built on good old-fashioned subsidies (from the European Union) and the simple fact that until the 1980s Ireland was by the standards of the developed world so economically backward that the only way was up. And as it began to catch up to European and American averages, the Irish economy could boast some seemingly remarkable statistics. These lured in investors, the Irish deregulated and all but abandoned financial oversight, and a great Irish financial ceilidh began. It would last for a decade. When the global financial crash of 2008 arrived it struck Ireland harder than anywhere - even Iceland looked like a model of rectitude compared to the fiasco that stretched from Cork to Dublin. There was an avalanche of statistics as toxic as the property-based assets that lay beneath many of them And under all this rubble lay the corpse of the Celtic Tiger. How Ireland managed to achieve such a spectacular implosion is a stunning story of corruption, carelessness and venality, told with passion and fury by one of Ireland's most respected journalists and commentators.… (mais)
Membro:dudara
Título:Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger
Autores:Fintan O'Toole
Informação:PublicAffairs (2010), Edition: 1, Hardcover, 240 pages
Colecções:A sua biblioteca
Avaliação:
Etiquetas:A0214, economics, ireland

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Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger por Fintan O'Toole

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A savage, jaw dropping indictment of the way so many in Ireland were complicit in the mass property scam and how its roots run deep in Irish political traditions. Less sound economically however, it is amazing that an account of this period and these events gets half way through before the euro is mentioned. ( )
  JohnPhelan | Nov 9, 2015 |
Obvious to most, the Celtic Tiger was being proped up by hopeful thinking and wistful dreams. This is a look at some of the major footsteps taken to bring Ireland to the brink of ruin and how really the only change has been to the players, not to the game. It's both a depressing and a hopeful book, hopeful that this won't continue but I fear it will. ( )
  wyvernfriend | Apr 14, 2010 |
  HarvReviewer | Feb 23, 2010 |
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The death of the Celtic tiger is not an extinction event to trouble naturalists. There was, in fact nothing natural about this tiger, if it ever really existed. The "Irish Economic miracle" was built on good old-fashioned subsidies (from the European Union) and the simple fact that until the 1980s Ireland was by the standards of the developed world so economically backward that the only way was up. And as it began to catch up to European and American averages, the Irish economy could boast some seemingly remarkable statistics. These lured in investors, the Irish deregulated and all but abandoned financial oversight, and a great Irish financial ceilidh began. It would last for a decade. When the global financial crash of 2008 arrived it struck Ireland harder than anywhere - even Iceland looked like a model of rectitude compared to the fiasco that stretched from Cork to Dublin. There was an avalanche of statistics as toxic as the property-based assets that lay beneath many of them And under all this rubble lay the corpse of the Celtic Tiger. How Ireland managed to achieve such a spectacular implosion is a stunning story of corruption, carelessness and venality, told with passion and fury by one of Ireland's most respected journalists and commentators.

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