To paraphrase a quote usually attributed to Leon Trotsky, "You may not be interested in the economy, but the economy is interested in you." Many arts and cultural organisations might prefer not to be part of the economy right now... but they are.
One of the best places for commentary about our current situation is IrishEconomy.ie. It's a blog written by Irish economists, including some very high profile ones such as Colm McCarthy and Philip Lane.
(And no, I'm not the David Madden listed on that site.)