Luck of the Irish
Irish voters head for the polls today with housing the dominant issue. High prices are widely seen as a key factor driving disenchantment among young people. The festive season is beginning, so forgive my adding to that disenchantment with what I’m about to say. But decisions taken in foreign capitals and boardrooms may have far greater consequences for Ireland’s economic luck in the coming years than any domestic plebiscite. Why? Because Ireland’s low effective rate of corporate tax has made