Growth, growth, growth. Paul Krugman famously called Ireland’s economic growth after 2015 leprechaun economics as it was so unreal. The Governor of the Central Bank has come in for quite a bit of criticism for insisting at least some of the growth we have seen recently, which at 12.2 per cent is the highest in the OECD, is real. Governor Maklouf told the FT:   “Too many people think or jump to the conclusion that this is all about intellectual property that’s sort of moving around and it’s not real, and that’s wrong.”  Economists like Brad Setser, Gabriel Zucman, and others…

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