What if Ireland Defaults?

“Beautifully written and surprisingly easy to digest, this book digs deep into the default debate. The insights into the consequences of default for Ireland are compulsory reading for the mandarins in Finance and the false gods of the NTMA. The detached views of such a distinguished cast of characters offer far more enlightenment than you would find at the Cabinet table.”

Shane Ross, independent TD, author and business editor of the Sunday Independent

“This is a significant and timely written symposium from a very broad spectrum of opinion holders on the crucial issues for Ireland in respect of the viability of the ECB–IMF bailout and the consequences of its possible failure. Whether one hopes for failure or believes in success, and regardless of whether one agrees with some or none of the contributors, the articles are a must-read for citizens of an embattled society facing difficult but inescapable choices on the future of their Republic, and they will be quoted for years to come in the ongoing debate upon which we are launched.”

Michael McDowell, barrister and former Minister for Justice

“Sober, balanced, comprehensive, and heavy with facts, What if Ireland Defaults? is necessary reading for anyone who wants to understand how the world will deal with a future of fiscal crises and moral hazard.”

Dan Mitchell, senior economist with the Cato Institute

“Rather than hide behind the sofa every time the word ‘default’ is mentioned, we need an intelligent discussion of what it means and doesn’t mean for economies, societies and citizens. This book brings together a wide range of perspectives and fact-based analyses on a topic that will dominate policy debates for years. Read this, agree or disagree with the contributors, but let’s start acknowledging that debt is an over-riding political issue.”

Michael Taft, research officer with UNITE