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Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger by [O'Toole, Fintan, Conor Pope, Kathy Sheridan]
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Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger Kindle Edition


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Length: 243 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled Language: English

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Review

Brian Groom, "Financial Times"
"O'Toole ... has produced a coruscating polemic against the cronyism and corruption that in his view helped to fuel the boom.... [H]is highly readable book is a salutary reminder that cronyism, light regulation and loose ethics can be a deadly combination."

"Cleveland Plain Dealer""An interesting and readable post-mortem.... "Ship of Fools" is not just for those drawn to Irish politics or economics. Americans, in particular, will relate to Ireland's battle to restore its economy and renew faith in its leaders."

Brian Groom, Financial Times
"O'Toole ... has produced a coruscating polemic against the cronyism and corruption that in his view helped to fuel the boom.... [H]is highly readable book is a salutary reminder that cronyism, light regulation and loose ethics can be a deadly combination."

Cleveland Plain Dealer"An interesting and readable post-mortem.... Ship of Fools is not just for those drawn to Irish politics or economics. Americans, in particular, will relate to Ireland's battle to restore its economy and renew faith in its leaders."

Product Description

Between 1995 and 2007, the Republic of Ireland was the worldwide model of successful adaptation to economic globalisation. The success story was phenomenal: a doubling of the workforce; a massive growth in exports; a GDP that was substantially above the EU average. Ireland became the world's largest exporter of software and manufactured the world's supply of Viagra.

The factors that made it possible for Ireland to become prosperous - progressive social change, solidarity, major State investment in education, and the critical role of the EU - were largely ignored as too sharply at odds with the dominant free market ideology. The Irish boom was shaped instead into a simplistic moral tale of the little country that discovered low taxes and small government and prospered as a result. There were two big problems. Ireland acquired a hyper-capitalist economy on the back of a corrupt, dysfunctional political system. And the business class saw the influx of wealth as an opportunity to make money out of property. Aided by corrupt planning and funded by poorly regulated banks, an unsustainable property-led boom gradually consumed the Celtic Tiger.

This is, as Fintan O'Toole writes, 'a good old-fashioned jeremiad about the bastards who got us into this mess'. It is an entertaining, passionate story of one of the most ignominious economic reversals in recent history.


Product details

  • Format: Kindle Edition
  • File Size: 576 KB
  • Print Length: 243 pages
  • Publisher: Faber & Faber; Main edition (26 November 2009)
  • Sold by: Amazon Australia Services, Inc.
  • Language: English
  • ISBN-10: 0571260756
  • ISBN-13: 978-0571260751
  • ASIN: B002YOKTGA
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Average Customer Review: Be the first to review this item
  • Amazon Bestsellers Rank: #264,992 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Amazon.com: 4.4 out of 5 stars 18 reviews
David Osborn
3.0 out of 5 starsGood book, sad topic but needs sources
24 August 2014 - Published on Amazon.com
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One person found this helpful.
abogadonz
5.0 out of 5 starsMalevolent society revealed
10 April 2012 - Published on Amazon.com
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2 people found this helpful.
brian
5.0 out of 5 starsMuch better than expected !
9 November 2013 - Published on Amazon.com
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4 people found this helpful.
Karen Jordan
4.0 out of 5 starsEssesntial reading
3 February 2013 - Published on Amazon.com
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Ivan
4.0 out of 5 starsGood book with a few minor flaws
27 April 2010 - Published on Amazon.com
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4 people found this helpful.