Heritage Foundation and the “Luck” of the Irish

Terrance Heath

You wouldn’t know it from the Heritage Foundation’s 2010 Index of Economic Freedom, but the economic "luck of the Irish" ran out in 2008. Not only did the "Celtic Tiger" —  as the Irish economy had been dubbed — lose its roar, but now it appears to have been neutered, and is likely never to roar quite so loudly again.

Nonetheless, the conservative think tank rated Ireland fifth in its index  — placing it squarely in the middle of the top 10 —  while ranking the U.S. eighth. But a closer reading, along with details of some of the other countries on their index, offers telling hints at the modern conservative values informing the Heritage index.

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