In a Word . . . Leprechaun

 

So 2008 Nobel laureate Paul Krugman is dismissive of “Leprechaun economics”. So? That was his description of figures from the Central Statistics Office last month indicating that Ireland’s growth rate for 2015 was 26.3 per cent.

Perhaps if Mr Krugman and all those other ever-confident economists were more respectful of leprechauns they might have been told 10 years ago of the banking crisis to come. They weren’t. These then are the people who scoff at leprechauns and their economics.

Many would suggest that leprechauns have a far more tenacious grip on things economic than the burgeoning population of so-called financial experts. For instance, do you know of anybody in all of human history who has yet succeeded in getting their hands on a leprechaun’s pot of gold?

Or who has ever even found a rainbow’s end?

Of course not. Nor are they likely too. That at least is certain, something that can never be said of any economist’s predictions no matter the prizes showered on them. It pays to be respectful where the “little people” are concerned.

Like that Kerry coach driver who would stop at a spot on a road in the middle of nowhere and when the tourists asked why, he’d tell them it was “. . . to let the leprechauns cross.”

Or the people of Carlingford, Co Louth. In 2009 they secured a European Habitats Directive, festooned with EU stars, for the protection there of “Plants, Wild animals, and Leprechauns (Little People)”. A sign there advises people to “tread lightly”, and they are warned “Hunters and Fortune Seekers will be Prosecuted”. (Boris Johnston please note).

Yes, Ireland’s last 236 leprechauns reside in the area, according to “Leprechaun whisperer” Kevin Woods.

In 1989, a leprechaun suit, bones, and gold coins were found in the area and he organised an unsuccessful leprechaun hunt. Then in 2002 he found gold coins which enabled him, finally, communicate with “Carraig”, an elder leprechaun.

It has been most fruitful relationship, now involving books, tours, a fairy village and a song. There’s real leprechaun economics!

The tours have been reviewed very enthusiastically on TripAdvisor. One of many five star contributors said: “The Leprechaun whisperer is an amazing story teller!” Indeed.

Leprechaun from the Irish word leipreachán, itself derived from Middle Irish lúchorpán meaning small, and corp meaning body (from Latin corpus, meaning body)

inaword@irishtimes.com

The Irish Times Logo
Commenting on The Irish Times has changed. To comment you must now be an Irish Times subscriber.
SUBSCRIBE
GO BACK
Error Image
The account details entered are not currently associated with an Irish Times subscription. Please subscribe to sign in to comment.
Comment Sign In

Forgot password?
The Irish Times Logo
Thank you
You should receive instructions for resetting your password. When you have reset your password, you can Sign In.
The Irish Times Logo
Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.
Screen Name Selection

Hello

Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.

The Irish Times Logo
Commenting on The Irish Times has changed. To comment you must now be an Irish Times subscriber.
SUBSCRIBE
Forgot Password
Please enter your email address so we can send you a link to reset your password.

Sign In

Your Comments
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Standards. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or by filling out this form. New comments are only accepted for 3 days from the date of publication.