Profits and austerity

Michael Burke25/10/2011

Michael Burke: In all the discussion of the economy and the crisis, one word is hardly ever mentioned - profits. This piece looks at the level of profits in one of the crisis-hit countries - Ireland. With domestic activity still contracting and a stubbornly high deficit, maybe the Dublin government remains the poster boy for austerity because profits have begun to recover.

Posted in: InequalityEconomics

Tagged with: austerityprofitability



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