Tom McDonnell: Joe Stiglitz's preface to a new collection of essays on Exiting from the Crisis makes for interesting reading. The publication (to which PE's Rory O'Farrell also contributed) is available for download here.
Professor Stiglitz mentions Ireland in the preface, noting that:
“Ireland has faced a crisis largely because it followed the standard free market orthodoxy: unfettered markets led to a bloated ﬁnancial sector which put at risk the entire economy; while politicians boasted of the growth (the beneﬁts of which were not uniformly shared) they took little note of the risks to which they were exposing the economy. The core lesson of Ireland’s experience – and that of the US – is that one cannot rely on unfettered markets or self-regulation.”