Tag Archives: Greece

Brexit

The reality of Brexit unleashes a flood of questions, most of which cannot be answer for quite a while. The near term consequences of the UK’s exit from the European Union will depend on the details of the divorce, which … Continue reading

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Work-Leisure Choice and growth

A recent dinner companion inquired whether an economy that was not growing was necessarily a problem. What she had in mind was whether people choosing more leisure to enjoy their incomes rather than continuing to work the same or longer … Continue reading

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Greece: What should its creditors do now?

Following Sunday’s NO vote in Greece, what ever that might have meant, it is tempting to tell Greece to get lost and be done with them. Aside from the unseemly lack of compassion for our suffering fellow man, the further … Continue reading

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Greece—how could they?

Today Greece is voting whether its government should accept the conditions required by the “Institutions” (EU/ECB/IMF) for the final installment of its second “bailout” package—a yes vote, or to reject them—a no vote. No one is quite sure what it … Continue reading

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Emergency Economic Summit for Greece

I just returned from a conference in Athens on the Greek economy. Yanis Varoufakis, Greece’s controversial Finance Minister, gave the (almost) final presentation to the 500 attendees making his usual point that Greece is insolvent not illiquid, meaning that its … Continue reading

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Greece, Debt, and Parenting

If you are a parent, you may have experienced something like the following: Son number 1 and his children live in a much nicer home than you did at his age. It is the biggest house he could qualify to … Continue reading

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My Key stories of the world in 2014

Twenty fourteen was a busy year for the planet and in general a rather unhappy time. But believing as I do that when the pendulum swings too far in one direction (big brother) it swings back (personal freedom), I am … Continue reading

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