Duncan Weldon

Website Duncan writes on the economy and economic policy. He is an econmist and has worked at the Bank of England, as a Partner in a fund management firm and for the Labour Party; Duncan currently works for an international trade union.

Ireland’s budget balancing hurts economy

Last Autumn, at the height of the financial crisis, the Labour Government launched a fiscal stimulus despite falling tax revenues. The Irish responded in the opposite manner by cutting back spending and raising taxes.