The Good Room : Why we ended up in a debtors' prison - and how we can break free

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A forensic, entertaining polemic from the author of The Pope's Children, this work examines Ireland's dire economic situation, deeply in debt and reliant on the IMF, EU, and bond markets. With an economy frozen and years of austerity looming, the author argues that it didn't have to be this way. David McWilliams, who accurately predicted the dangers of the Irish property bubble, delves into the unusual economics behind Ireland's current crisis and proposes an alternative path. He highlights the impact of debt and austerity on everyday Irish citizens, asserting that austerity is ineffective. By drawing from historical examples, he suggests that recovery is possible if we remain open to innovative solutions. This book connects economics to the lives of ordinary people, similar to how The Pope's Children linked economics to the boom years. With a more urgent call for a new approach, it addresses the challenges of the bust era. McWilliams's ability to make complex economic narratives engaging and his humor set him apart. He is recognized as a leading popular economist and a columnist for major publications, advocating for fresh policies informed by established economic theory.