An Access Advertising EconBrief:
Beware Greeks Begging Gifts
By now everybody is acclimated to the crisis atmosphere pervading economic life. It is the antithesis of life in the late 1980s, 1990s and early 2000s, when day-to-day rhythms had the hum of a well-oiled machine. Crises occasionally interrupted the era known as the Great Moderation, and they seemed all the more acute for their rarity. Events like the stock-market “crash” of 1987 or the technology bubble-burst of 1999 seem ridiculously tame and short-lived compared to the dragged-out, operatic and increasingly ominous spectacles of today. How fitting that the most meaningful one of all is a classic Greek tragedy unfolding in Greece itself.
Even Americans who shun economics and cover their ears to escape the business news know that the U.S. government is deeply in debt. Compared to its Greek counterpart, though, Uncle Sam is the Dave Ramsey of sovereign spenders. The…
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Utopia, you are standing in it! 
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