Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Marc MacSharry (Fianna Fail)
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In Professor Ahearne's experience as a economist who has worked in a number of different areas, what sort of regulatory system ought to exist? He has just said that governments want to get elected. What should exist to be able to take the punch bowl out of the room? What safeguard ought to be there, or should be there, given the realities of the political discourse, as Professor Ahearne has outlined them? Booms are good and people like them.