Mises Daily
Author:
David Howden
Online Publish Date:
contrasting post-crisis policies in Iceland and Ireland. In a paper published in Economic Affairs (available here as a PDF) I contrast the policies enacted by Iceland Iceland seems to have softened the immediate blow of its recession, but present growth in Ireland is stronger. In a similar way, unemployment in Iceland was less and exit the storm relatively unscathed. In contrast, Ireland is languishing in slow growth and five years later the country’s income is still 10 percent below its