New book out:
The Political Economy and Media Coverage of the European Economic Crisis: The Case of Ireland (Routledge), by Julien Mercille, University College Dublin.
The media have played an important role in presenting government policies enacted in response to the economic crisis since 2008. This book shows that the media have largely conveyed government views uncritically, with only a few exceptions (some of which are contributors to irisheconomy!). Throughout, Ireland is compared with contemporary and historical examples to contextualise the arguments made. The book covers the housing bubble that led to the crash, the rescue of financial institutions by the state, the role of the European institutions and the International Monetary Fund, austerity, and the possibility of leaving the eurozone for Europe’s peripheral countries. The Irish Times, Indo, Sindo, Sunday Business Post, Sunday Times and RTE are all covered.
The book is available here (use code FLR40 for 20% discount) and here.
“A book of record… An exceptionally rare example of an academically rigorous analysis forcing the powerful light of transparency and exposure into the murky world of Irish policy advocacy and punditry… A captivating account.”
Constantin Gurdgiev, Trinity College Dublin
“One of the most important political economy books of the year… Set to become the definitive account of the media’s role in Ireland’s boom and bust.”
Dr. Tom McDonnell, Macroeconomist at the Nevin Economic Research Institute (NERI)
“Tells the story of the economic crisis well and explains the media’s role in convincing the public that it was all very complicated and that government policy can do little to improve the situation.”
Dean Baker, Center for Economic and Policy Research
“Anyone who cares about democracy and economic policy should read this book and be deeply worried by it.”
Mark Blyth, Professor of International Political Economy, Brown University and author of Austerity: The History of a Dangerous Idea
“A stinging critique of how Irish media narrowed the debate on crisis and austerity.”
Seán Ó Riain, Author of The Rise and Fall of Ireland’s Celtic Tiger
“Outstanding research… Meticulous, balanced and clear.”
Costas Lapavitsas, Professor of Economics, School of Oriental and African Studies, University of London
“Engaging, lively, critical… A must read.”
Professor Rob Kitchin, National University of Ireland Maynooth
“An invaluable concise history of Ireland’s public discussion of economic issues.”
Terrence McDonough, Professor of Economics, National University of Ireland Galway