Published 06/01/2012 | 05:00
- "Members of the media should note that Professor Morgan Kelly is not a staff member of the ESRI. While this article has been accepted for publication by the ESRI, the views expressed are not the views of the ESRI."
This legend accompanied the ESRI circulation of the article by Morgan Kelly in July 2007 predicting the property bubble bursting.
Professor Richard Tol, who recently left the ESRI, is right when he says: "The institute did issue warnings about policy during the Ahern years, but did not do so loudly enough."