Saturday 23 June 2018

Declan Lynch: Marty Whelan Index shoots up to record high

Declan Lynch cartoon.
Declan Lynch cartoon.
Declan Lynch

Declan Lynch

Many of the "key indicators" are telling us that Ireland is doing well, or at least that it is doing well within the terms laid down by the key indicators. Which is nice to know.

Even if you're not doing well yourself, you can take some vicarious pleasure from the well-being in general of Ireland, whatever that is. But some of us are not looking at those key indicators, and we haven't been looking at them since they proved that there were certain key things which they were unable to indicate - the complete and utter collapse of the Irish economy about 10 years ago springs to mind, but we will not dwell on that.

Rather, we will look to another indicator which for some of us has always been key. We will look to the Marty Whelan Index. And we will smile.

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