Morgan: A Suitable Case For Treatment


Economist Morgan Kelly as he appears in that 15-page Vanity Fair spread on Ireland. Photographed in Hogan’s on George’s Street, Dublin, with a strategically-placed cup of tea, and an expression that says: “I told you so.”

We’ve been banging on about the article for days but it really is a rollicking read that should smack your gob.

Among many astute observations collected by the author Michael Lewis is this one, concerning the Irish alpha male:

“Ireland’s financial disaster shared some things with Iceland’s. It was created by the sort of men who ignore their wives’ suggestions that maybe they should stop and ask for directions.

“But while Icelandic men used foreign money to conquer foreign places the Irish male used foreign money to conquer Ireland. Left alone in a dark room with a pile of money, the Irish decided what they really wanted to do with it was to buy Ireland. From one another.”

When Irish Eyes Are Crying (Vanity Fair)

(Jonas Fredwall Karlsson)