implemented to contain that crisis: protracted fiscal austerity. I describe the causes of the recent crisis in Ireland, and look …This paper describes the causes and consequences of Ireland's economic crisis in the context of the policy solution … at the logic of austerity with a simple model. I compare the current crisis to the crisis of the 1980's, when fiscal …

implemented to contain that crisis: protracted fiscal austerity. I describe the causes of the recent crisis in Ireland, and look …This paper describes the causes and consequences of Ireland's economic crisis in the context of the policy solution … at the logic of austerity with a simple model. I compare the current crisis to the crisis of the 1980s, when fiscal …