Saturday 3 December 2016

John Drennan: How to cure Paddy and his state o' psychosis

John Drennan puts the Irish on the analyst's couch and discovers the fatal flaws that led to our downfall

Published 17/04/2011 | 05:00

WATCHING BRIEF: ECB economist Klaus Masuch, the EC's Istvan Szekely, and Ajai Chopra of the IMF at a conference on Friday. Photo: David Conachy
WATCHING BRIEF: ECB economist Klaus Masuch, the EC's Istvan Szekely, and Ajai Chopra of the IMF at a conference on Friday. Photo: David Conachy

Five years ago the respected academic Roy Foster published Luck and the Irish which attempted to understand how the ragged trouser-wearing Irish playboys of the western world had suddenly become the role models of the EU.

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Foster's inability to explain the Tiger miracle in more complex terms than simple luck was somewhat unsatisfactory, but the academic's up-beat puzzlement made for a pleasant change from the ancien regime of despairing academic tomes, about how the endangered Irish would experience the same fate as the Red Indian.

Ironically, Foster's diagnosis was also right, for the Tiger mirage was founded on a gambler's throw of the dice to such an extent, that when our Great Disruption began, the only explanation Messrs Ahern and Cowen could initially come up with was that it was all simply down to 'bad luck'.

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