Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot Gleeson:

Absolutely. I mean, we would have economic ... addresses from economic experts. For example, I said John FitzGerald and Alan Ahearne, two excellent people, whom I both admire ... we would bring them in and they would talk about what the economics profession felt at the time. But can I just say this: you will be aware, as well as everyone else in this room, that economists frequently disagree. I mean, you only have to open up any American journal at the moment and you'll see "Krugman versus X", and so on. There's always two schools and we did the best we could with the schools. That's all I can say.

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