The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Ireland, Economics in

  • Tom Boylan
  • Renee Prendergast
Reference work entry


This contribution provides an overview of Irish economic thought from the 17th to the late 20 century. Broadly speaking, the pioneering contributions of the 17th and 18th centuries were concerned with the issue of improvement or economic development. The 19th century saw the formal institutionalization of political economy in Ireland and seminal contributions to value, distribution, and international trade theory in addition to work on public finance and methodology. The achievement of independence in the 20th century led to new concerns with development and policy experiments aimed at promoting lasting growth.


Anglo–Irish Free Trade Agreement Bastable, C.F. Bentham, J. Berkeley, Bishop G. budget deficits Busteed, J. Butt, I. Cairncross, A. K. Cairnes, J. E. Cantillon, R. Carter, C. Catch-up Classical economists Cliffe Leslie, T. E. Common Agricultural Policy (EU) Concentration Cost-of-production theory of value Demand schedule Development Distribution theory Dublin School Duncan, G. Dutch disease European Economic Community European Monetary Union Factor immobility Factor pricing Fiduciary credit system Foreign direct investment Free trade Geary, R. C. Great Depression Griffith, A. Hancock, W. N. Hearn, W. E. Historical School Hutcheson, F. Imperfect competition Induction Infant-industry protection Ingram, J. K. Innovation International trade Ireland, economics in Johnston, J. Keynes, J. M. Keynesianism Kiernan, T. J. Land question (Ireland) Lawson, J. A. List, F. Longfield, M. Luxury Lynch, P. Malthus, T. R. Mandeville, B. Marginal revolution Mill, J. S. Mill–Bastable condition Monetarism National champions Non-competing groups O’Brien, G. Oldham, C. H. Owen, R. Partnership Paper money Petty, W. Planning Protection Rent Research and development Ricardian socialists Ryan, L. Self-sufficiency Statistics and economics Subjective theory of value Swift, J. Tariffs Tax incentives Technology policy Terms of trade Thompson, W. Utilitarianism Whately, R 

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Authors and Affiliations

  • Tom Boylan
    • 1
  • Renee Prendergast
    • 1
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