‘Leprechaun economics’

 

Sir, – A few basic questions regarding our supposed 26 per cent growth over the past year. If this figure does not reflect the (undefined) “real economy”, why is it being used to improve our sovereign debt ratio? What does it tell us about the scientific approach of economics when an internationally agreed metric can produce ludicrous outcomes without immediately calling into question the worth of GDP as a measure of anything? – Yours, etc,

Dr KEVIN T RYAN,

Limerick.

Sir, – I am considering studying economics but can’t decide if I should study leprechaun or Goldilocks economics. I think I need more fiscal space to make my decision. Any advice from your readers would be greatly appreciated. – Yours, etc,

CORMAC O’REILLY,

Knocklyon,

Dublin 16.

Sir, – Did the CSO count all the leprechauns? – Yours, etc,

NOEL MADDEN,

Rathangan,

Co Kildare.