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Monthly Archives: February 2012
Saving Greece: Austerity and/or growth
Econ 101: When discussing Greece’s economic problems public officials and the press regularly toss out the need for “austerity” and/or “growth” as if they were clearly defined and understood concepts. I suspect that they mean quite different things to different … Continue reading
Posted in Debt, Economics
Tagged austerity, debt, debt crisis, EU, Euro, Greece, growth, IMF, structural adjustment
5 Comments
Afghanistan: Koran burning
Updated February 26, 2012 Associated Press: “More than 30 people have been killed in clashes since it emerged Tuesday that copies of the Muslim holy book and other religious materials had been thrown into a fire pit used to burn … Continue reading
The British American Relationship
I saw The Madness of George III in London yesterday evening on my way to Kabul. The evening included a nice dinner and visit with old friends Tim and Jan Conway, first met in St. Andrews Scotland in 1976. The … Continue reading
