Oireachtas Joint and Select Committees
Wednesday, 11 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
The economic model has been criticised. How is a government or state supposed to foresee a crisis or even reach a proper understanding of its mechanisms afterwards if conventional economic theory does not acknowledge the role of banks or consider money and debt as influential variables?
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