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Space to Think, a new book celebrating ten years of the Dublin Review of Books More Information 

    Hard Landing

    John Sweeney
    Good, old-fashioned speculation on rising asset values did for the Irish banks. Quite traditional regulatory tools should have been sufficient to prevent them getting into deep trouble if they had been vigorously and rigorously used. But they were not. The will to do so was, undoubtedly, also weakened by the traditionally influential role of the construction sector in Ireland’s political culture.