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Ireland appears to be in the throes of a remarkable process of social and economic change. This text scrutinizes the interpretations and prescriptions that inform the deceptively simple metaphor of the "Celtic Tiger
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1. Neoclassical theory and rational expectations : theoretical deficiencies -- 2. Aggregation, money and Keynes' epistemology -- 3. The basics on money -- 4. Money, finance and growth -- 5. Structural stability in models and reality -- 6. Inflation and unemployment -- 7. Epilogue : picture and...
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Because corporate limited liability protects founder's personal assets, creditors often require founders of new, small and risky firms to contract around limited liability by pledging their personal assets as collateral for loans to their firms. This makes personal bankruptcy law (PBL) relevant...
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