Stephen Kinsella -- Irish Crisis Demands New Economic Thinking

The video features a lecturer from the University of Limerick discussing Ireland's economic crisis, highlighting the housing bubble, rising unemployment, and the EU-IMF bailout. The export sector remains strong due to multinational presence, but domestic issues persist. The speaker introduces stock-flow consistent models as a new approach to economic modeling, aiming to improve policy decisions. He shares his academic journey, emphasizing the importance of data-driven models and the need for alternative economic perspectives. The video concludes with a discussion on Ireland's future economic growth and the role of innovative modeling techniques.

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