by Henry Oliner | Jul 22, 2015 | Economics, Foreign policy
from The Wall Street Journal, Greece and the Flight From Reality by Bret Stephens excerpt: But maybe rules isn’t quite the right word. The larger issue is reality—and Greece’s flight from it. Greece’s debt-to-GDP ratio is 177%, which sounds like an abstraction but...
by Henry Oliner | Jul 9, 2015 | Economics, Foreign policy
from The Wall Street Journal, Greece and the Flight From Reality by Bret Stephens excerpt: What’s more remarkable is how Greece’s flight from reality persists. Since Athens defaulted on its IMF loan last week, the Greeks have gotten a taste of what their future holds:...
by Henry Oliner | Jul 8, 2015 | Economics, Foreign policy
from The Wall Street Journal, Greece and the Flight From Reality by Bret Stephens excerpt: These and other details give the lie to the claim that Athens’s woes are somehow the product of powerful and indifferent economic forces beyond its control: the value of the...
by Henry Oliner | Jul 7, 2015 | Economics
from The National Review, Beggars and Choosers by Kevin Williamson: The presence of Greece in the Eurozone is the result of a lie: The Greeks pretended to get their deficits and debt under control, and the Europeans pretended to believe them. That was the first act....
