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"The Harvard demographers admitted their theory explained only part of what had happened. At the bottom of the success of the Irish there remains, even now, some mystery"Strange; they should know.Here is a very short history of what happened from someone who observed developments from a close distance. From 1993 to 1999 the real economy grew because of the large number of companies that came to Ireland. The workforce was well educated in maths, CS, physics etc. Once when I was on vacation in 1998 1000 jobs were created in 1 week. In this period a house that would cost 20K in 1990 now cost 110K in 2000, That's when the extra money came on the scene and people became property developers, as in other countries. You probably know that property was the new wealth. Except they did it bigger as witnessed by the growth of Anglo Irish. Almost no one saw it coming and those who did (myself included) where ignored.And that's the way it is. It's crystal clear for me.BTW referring to Mr. Lewis' article: there was no famine in Ireland. But there was a potato crop failure. At the time Ireland exported tons of grain, beef etc. per day to Britian and Europe.The article is a bit hotch-potch. A great read is David McWilliams books and works who forecasted this all along.
"The Harvard demographers admitted their theory explained only part of what had happened. At the bottom of the success of the Irish there remains, even now, some mystery"
Strange; they should know.
Here is a very short history of what happened from someone who observed developments from a close distance. From 1993 to 1999 the real economy grew because of the large number of companies that came to Ireland. The workforce was well educated in maths, CS, physics etc. Once when I was on vacation in 1998 1000 jobs were created in 1 week. In this period a house that would cost 20K in 1990 now cost 110K in 2000, That's when the extra money came on the scene and people became property developers, as in other countries. You probably know that property was the new wealth. Except they did it bigger as witnessed by the growth of Anglo Irish. Almost no one saw it coming and those who did (myself included) where ignored.
And that's the way it is. It's crystal clear for me.
BTW referring to Mr. Lewis' article: there was no famine in Ireland. But there was a potato crop failure. At the time Ireland exported tons of grain, beef etc. per day to Britian and Europe.
The article is a bit hotch-potch. A great read is David McWilliams books and works who forecasted this all along.
