Comments for Subsidizing the arts at http://www.adamsmith.org , comment 1 to 1 out of 1 comments http://www.adamsmith.org Tue, 07 Oct 2008 18:27:53 +0100 FeedCreator 1.7.3 http://www.adamsmith.org/blog/media-and-culture/subsidizing-the-arts-200804111199/#comment-7 RTE, in the business section of its radio news, frequently reports on the downturn in the building sector of the Irish economy. They present a picture where, instead of selling each other insurance, people have been selling each other houses instead. They expect the bursting bubble to result in a 30% drop in house prices - a similar magnitude to that quoted in a recent IMF report on Eire. - Steve Giess Fri, 11 Apr 2008 11:01:09 +0100