@ObsoleteDogma @rodrikdani http://t.co/xKx43wjWHy—
David Andolfatto (@dandolfa) June 30, 2015
The ups and downs of the Greek economy
25 Aug 2015 1 Comment
in budget deficits, business cycles, currency unions, economic history, Euro crisis, fiscal policy, macroeconomics, Public Choice, rentseeking Tags: Eurosclerosis, Greece, sovereign debt crisis, sovereign defaults
Aug 25, 2015 @ 19:03:30
But is anything else expected when you have a country giving social welfare programs without the proper tax income? I’m surprised that people are surprised that this happened, it was a bubble waiting to pop.
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