Contrasting Economies: Ireland vs. England

Apart from its Guinness, all countries can learn a thing or two about the change of fortunes in Ireland over the past two decades. When Congressmen (or others) question what happens when a country dramatically lowers taxes on individuals and corporations, you can point to Ireland.

While England is faltering, Ireland's citizens are now richer than their Limey brethren. Read the article here.

The results of this growing divergence between the two economies are entirely predictable: throughout recorded history Ireland has been poorer (often considerably so) than Great Britain; today incomes in Ireland are now 20% higher than Britain's, and growing twice as quickly...