Labour Economist Says Free Enterprise Alone Has Failed
Published
Brendan Halligan, an economist associated with the Labour Party in Ireland, has published a separate document on the Irish economy. In it, he argues that free enterprise on its own has failed and that it will continue to fail.
Halligan's paper is a critical view of the idea that markets alone can deliver good results for the economy. He suggests that the free market has not solved the country's economic problems, and that other approaches are needed. The available report is a short summary, so it does not give the full details of his proposals or the evidence he uses.
The publication adds to the wider public debate in Ireland about the role of the state, private business and market competition in the economy. Economic policy in Ireland is often discussed by political parties, economists and trade groups, and arguments like Halligan's are part of that discussion.
The source for this article is an archive page from RTÉ, and it does not clearly show when the document was published. Readers who want to learn more about Halligan's arguments should look for the full text of the document or for later coverage that explains his views in more detail.
Sources: RTE.ie
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