Unfortunately, they are right about one thing. Public sector workers are paid far too much, and it’s in danger of bankrupting our state.
The Department of Economics in Trinity College, the Institute for International Integration Studies (IIIS) and the Dublin Economics Workshop today jointly hosted a conference entitled “Irish Economic Policy for the Crisis: What Next?“. Over the next few posts, I’ll be discussing the ideas posited by the many and distinguished speakers, both in the context of Ireland and more generally.
Firstly, Brian Nolan of UCD discussed inequality in Ireland. He mentioned several standard indicators of inequality. In Ireland’s case, these statistics have exhibited stability over time. Thus, he concludes that inequality has neither increased nor decreased dramatically over the last several years. The truth can sometimes be concealed by statistics.