Ireland’s Recovery has Nothing to Do with Austerity

Voters headed to the polls this Friday should take heed: The Celtic Tiger got its groove back despite – not because of – the EU and IMF’s advice. by Philippe Legrain February 24, 2016 After years of crisis, austerity, and wage cuts, Ireland’s economy grew by 7 percent last year, faster than China’s. With a general election on Feb. 26, …

This is Just the Start of the Brexit’s Economic Disaster

By PHILIPPE LEGRAIN – The NY Times – 26th June 2016 Experts are, of course, known to make mistakes. But in this case, the people who voted for Brexit will pay a big price for ignoring economic expertise. The harmful effects of this vote are both immediate and lasting. Britons are already worse off. The pound has — so far …