Ship of Fools by Fintan O'Toole | Book review

Terry Eagleton on the corruption and bungling that have led to Ireland's economic woes

The luck of the Irish has finally run out. Having roared away lustily for a decade or so, the Celtic Tiger has now rolled over on its back, all four paws stiffly in the air. In the late 1990s, Ireland became well-heeled for the first time in its wretched history, and in some respects even outstripped its former colonial proprietors. In this newly affluent nation of software and low taxes, bent bankers and...