With Greece now well on its way to exiting the euro, it is not too early to draw lessons for the International Monetary Fun (IMF) from its unfortunate Greek lending program. Since never before has the ...
The equity market rally that began in March 2009 was stopped dead in its tracks by the crisis in Greece. After closing at 1,217 on April 23, the S&P 500 Index dropped to as low as 1,066 (a loss of ...
Watching the periodic flare-ups of Greece’s ongoing debt crisis over the past five-plus years has been like watching a tragedy unfold in slow motion. 1) Government debt is a dangerous addiction and ...
As Athens burns after two years under an International Monetary Fund (IMF) – European Union (EU) adjustment program, one has to hope that Lisbon is paying attention to the Greek drama. Since, in order ...
In an interesting recent article in Foreign Affairs, Josiah Ober - a leading academic expert on ancient Greek democracy - argues that there is much we can learn from the Greek experience that could be ...
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