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Julien Mercille's deeply empirical study explains how the media in Ireland (and elsewhere) sidelined alternative views and protected the preferred policies of domestic elites. Anyone who cares about democracy and economic policy should read this book and be deeply worried by it. -Mark Blyth, Professor of International Political Economy, Brown University and author of Austerity: The History of a Dangerous Idea. The world economy was being driven by housing bubbles in most major wealthy economies. When these bubbles burst, there was nothing to replace this massive source of demand, leading to a prolonged period of underemployment and stagnation. Julien Mercille tells this story well and explains the media's role in convincing the public that it was all very complicated and that government policy can do little to improve the situation. D-ean Baker, Co-director of the Center for Economic and Policy Research Mercille's work is meticulous, balanced and clear and casts light on the media interests that have abetted the destruction of the Irish economy. This book is a model for similar research across the Eurozone periphery. -Costas Lapavitsas, Professor of Economics, School of Oriental and African Studies, University of London Julien Mercille has written a superb case study of the role of news media in shaping fundamental policy debates surrounding the economy, particularly during a time of crisis. It provides a model not only for examining the Irish or European press, but the news media across the world. The political implications for those concerned with having a solid and sustainable economy, and a vibrant democracy, could not be more clear. -Robert W. McChesney,co-author, The Endless Crisis This book provides compelling evidence on the ideological role of the media in the presentation of the policies favouring the economic, financial and political elites. A highly recommended read for its analyses of the crises and of the neo-liberal interpretation from the media. -Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds This is an engaging, lively, critical and comparative account of how the Irish media has sought to shape public opinion to match that of its corporate and political owners, sponsors, and sources. A must read for all those interested in how media coverage of economic crises seeks to set the discursive terrain for wider political and public response. -Prof. Rob Kitchin, National University of Ireland Maynooth Julien Mercille shows how the Irish media, notably including the public service broadcaster, has consistently supported policies that favour elites and disfavour most people, notably people in disadvantaged communities. And that the Irish media do so even more flagrantly than the media elsewhere. -Vincent Browne, Broadcaster and journalist This is one of the most important political economy books of the year. It is set to become the definitive account of the media's role in Ireland's spectacular and transformative economic boom and bust. -Dr. Tom McDonnell, Macroeconomist at the Nevin Economic Research Institute (NERI) This is an exceptionally rare example of an academically rigorous analysis forcing the powerful light of transparency and exposure into the murky world of Irish policy advocacy and punditry. In a society where few are brave enough to defy the state-sponsored ideology of statism and corporatism, Mercille courageously exposes as sham the very foundations of our public policy discourse: the belief of objectivity and infallibility of Ireland's intellectual elites. -Constantin Gurdgiev, Trinity College Dublin Julien Mercille delivers both a stinging critique of how Irish media narrowed the debate on crisis and austerity and a comprehensive analysis of that limited public discourse. -Sean O Riain, Professor of Sociology, National University of Ireland Maynooth This book is an invaluable concise history of Ireland's public discussion of economic issues in the years before and after the demise of the Celtic Tiger. -Terrence McDonough, Professor of Economics, National University of Ireland Galway Julien Mercille has filled an important gap in our understanding not only of how a nation implemented irrational austerity policies, but how media institutions played a central role in ensuring people tolerated them - from distorting and manipulating facts, to shutting out alternative analysis. Mercille shows that austerity is a first and foremost a political policy which requires an uncritical and compliant media. -Michael Taft, Research Officer, Unite the Union

Julien Mercille's deeply empirical study explains how the media in Ireland (and elsewhere) sidelined alternative views and protected the preferred policies of domestic elites. Anyone who cares about democracy and economic policy should read this book and be deeply worried by it. -Mark Blyth, Professor of International Political Economy, Brown University and author of Austerity: The History of a Dangerous Idea. The world economy was being driven by housing bubbles in most major wealthy economies. When these bubbles burst, there was nothing to replace this massive source of demand, leading to a prolonged period of underemployment and stagnation. Julien Mercille tells this story well and explains the media's role in convincing the public that it was all very complicated and that government policy can do little to improve the situation. D-ean Baker, Co-director of the Center for Economic and Policy Research Mercille's work is meticulous, balanced and clear and casts light on the media interests that have abetted the destruction of the Irish economy. This book is a model for similar research across the Eurozone periphery. -Costas Lapavitsas, Professor of Economics, School of Oriental and African Studies, University of London Julien Mercille has written a superb case study of the role of news media in shaping fundamental policy debates surrounding the economy, particularly during a time of crisis. It provides a model not only for examining the Irish or European press, but the news media across the world. The political implications for those concerned with having a solid and sustainable economy, and a vibrant democracy, could not be more clear. -Robert W. McChesney,co-author, The Endless Crisis This book provides compelling evidence on the ideological role of the media in the presentation of the policies favouring the economic, financial and political elites. A highly recommended read for its analyses of the crises and of the neo-liberal interpretation from the media. -Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds This is an engaging, lively, critical and comparative account of how the Irish media has sought to shape public opinion to match that of its corporate and political owners, sponsors, and sources. A must read for all those interested in how media coverage of economic crises seeks to set the discursive terrain for wider political and public response. -Prof. Rob Kitchin, National University of Ireland Maynooth Julien Mercille shows how the Irish media, notably including the public service broadcaster, has consistently supported policies that favour elites and disfavour most people, notably people in disadvantaged communities. And that the Irish media do so even more flagrantly than the media elsewhere. -Vincent Browne, Broadcaster and journalist This is one of the most important political economy books of the year. It is set to become the definitive account of the media's role in Ireland's spectacular and transformative economic boom and bust. -Dr. Tom McDonnell, Macroeconomist at the Nevin Economic Research Institute (NERI) This is an exceptionally rare example of an academically rigorous analysis forcing the powerful light of transparency and exposure into the murky world of Irish policy advocacy and punditry. In a society where few are brave enough to defy the state-sponsored ideology of statism and corporatism, Mercille courageously exposes as sham the very foundations of our public policy discourse: the belief of objectivity and infallibility of Ireland's intellectual elites. -Constantin Gurdgiev, Trinity College Dublin Julien Mercille delivers both a stinging critique of how Irish media narrowed the debate on crisis and austerity and a comprehensive analysis of that limited public discourse. -Sean O Riain, Professor of Sociology, National University of Ireland Maynooth This book is an invaluable concise history of Ireland's public discussion of economic issues in the years before and after the demise of the Celtic Tiger. -Terrence McDonough, Professor of Economics, National University of Ireland Galway Julien Mercille has filled an important gap in our understanding not only of how a nation implemented irrational austerity policies, but how media institutions played a central role in ensuring people tolerated them - from distorting and manipulating facts, to shutting out alternative analysis. Mercille shows that austerity is a first and foremost a political policy which requires an uncritical and compliant media. -Michael Taft, Research Officer, Unite the Union

'Julien Mercille has written a superb case study of the role of news media in shaping fundamental policy debates surrounding the economy, particularly during a time of crisis. It provides a model not only for examining the Irish or European press, but the news media across the world. The political implications for those concerned with having a solid and sustainable economy, and a vibrant democracy, could not be more clear.' - Robert W. McChesney, co-author of The Endless Crisis 'The basic story of the economic crisis is simple. The world economy was being driven by housing bubbles in most major wealthy economies. When these bubbles burst, there was nothing to replace this massive source of demand, leading to a prolonged period of underemployment and stagnation. Julien Mercille tells this story well, and explains the media's role in convincing the public that it was all very complicated and that government policy can do little to improve the situation.' - Dean Baker, Co-director of the Center for Economic and Policy Research 'The Political Economy and Media Coverage of the European Economic Crisis' is an exceptionally rare example of an academically rigorous analysis forcing the powerful light of transparency and exposure into the murky world of Irish policy advocacy and punditry.' - Constantin Gurdgiev, Trinity College Dublin 'The key contributions of Julien Mercille's The Political Economy and Media Coverage of the European Economic Crisis are twofold. First, the analysis moves beyond the rhetoric of the media to consider how their message is shaped by the wider political economy in which they themselves are a vested interest. Second, is the sheer wealth of empirical material concerning how key debates about the crisis in Ireland - the housing bubble, saving the banks, the troika bailout, austerity, and the future of the Eurozone - played out in newsprint. The result is an engaging, lively, critical and comparative account of how the Irish media has sought to shape public opinion to match that of its corporate and political owners, sponsors, and sources. A must read for all those interested in how media coverage of economic crises seeks to set the discursive terrain for wider political and public response.' - Professor Rob Kitchin, National University of Ireland Maynooth 'This is one of the most important political economy books of the year. Julien Mercille's book is set to become the definitive account of the media's role in Ireland's spectacular and transformative economic boom and bust. He argues convincingly that critical political economic perspectives are a rarity in the Irish media and Mercille's devastating critique painstakingly chronicles the persistent failures of the Irish media.' - Dr. Tom McDonnell, Macroeconomist at the Nevin Economic Research Institute (NERI) 'The European economies remain trapped in high levels of unemployment while more austerity is promoted as the solution. Yet the media plays a key role in presenting these austerity policies as though 'there is no alternative'. This book, with a focus on Ireland, provides compelling evidence on the ideological role of the media in the presentation of the policies favoring the economic, financial and political elites. A highly recommended read for its analyses of the crises and of the neo-liberal interpretation from the media.' - Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds 'Mercille's Book is more than a simple critique of the Irish media's coverage of the ongoing financial and economic crisis. In clear and accessible language, Mercille documents how at each stage of the Irish crisis - the housing bubble, the bank guarantee, the creation of NAMA, the troika bailout , austerity budgets , and the Euro crisis - viable alternative policies did in fact exist. The Political Economy and Media Coverage of the European Economic Crisis is an invaluable concise history of Ireland's public discussion of economic issues in the years before and after the demise of the Celtic Tiger.' - Terrence McDonough, Professor of Economics, National University of Ireland Galway 'Julien Mercille has filled an important gap in our understanding not only of how a nation implemented irrational austerity policies, but how media institutions played a central role in ensuring people tolerated them - from distorting and manipulating facts, to shutting out alternative analysis, Mercille shows that austerity is a first and foremost a political policy which requires an uncritical and compliant media' - Michael Taft, Research Officer, Unite the Union 'Julien Mercille delivers both a stinging critique of how Irish media narrowed the debate on crisis and austerity and a comprehensive analysis of that limited public discourse.' - Sean O Riain, Professor of Sociology, National University of Ireland Maynooth 'Julien Mercille has produced outstanding research on the role of the Irish media, demonstrating the importance of property relations among the media, banks, and real estate, not to mention the close connections with the state machinery and the grip of neoliberal ideology. Meticulous, balanced and clear, his work casts light on the media interests that have abetted the destruction of the Irish economy. This book is a model for similar research across the Eurozone periphery.' - Costas Lapavitsas, Professor of Economics, School of Oriental and African Studies, University of London 'Julien Mercille shows how the responsible , balanced , non-ideological Irish media, notably including the public service broadcaster, have consistently supported policies that favor elites and disfavor most people, notably people in disadvantaged communities. And that the Irish media do so even more flagrantly than the media elsewhere' - Vincent Browne, Broadcaster and journalist 'Austerity as a policy harms the many and benefits the few. In a democracy that's supposed to be hard to sell. Yet the democracies most effected by the European financial crisis saw no such democratic revolt. Mercille tells us why. Updating and deploying the Chomsky-Herman propaganda model of the media in a systematic and empirical way, he shows us how alternative policies are sidelined and elite interests are protected.' - Mark Blyth, Professor of International Political Economy, Brown University

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Mercille, Julien

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