Acton Institute Powerblog Archives

Post Tagged 'Greece'

Samuel Gregg: Socialism and Solidarity

On Public Discourse, Acton Research Director Samuel Gregg observes in a new piece that “while moral beliefs have an important impact upon economic life, the manner in which they are given institutional expression also matters. Continue Reading...

Samuel Gregg: Europe’s Broken Economies

Acton’s Research Director in the American Spectator: Europe’s Broken Economies By Samuel Gregg During September this year, much of Europe descended into mild chaos. Millions of Spaniards and French went on strike (following, of course, their return from six weeks vacation) against austerity measures introduced by their governments. Continue Reading...

The Greek Debt Song

The birth of a new genre: econo-psychobilly bouzouki music. Opa, you all! For more great Merle Hazard tunes, check out his website. They don’t call him “The Man in Beige” for nothing. Continue Reading...

Europe’s Monetary Sins

Over at Public Discourse, a new article by Acton’s research director Samuel Gregg examines the deeper reasons behind the problems of the euro. In “Europe’s Monetary Sins,” Gregg points out that many of the euro’s present difficulties reflect a basic refusal of Europe’s political class to acknowledge some of the unpleasant economic realities associated with the EU’s social model, as well as a tendency to say one thing while really doing another. Continue Reading...

Debt and Politics

Though the Greek Debt crisis may seem far away, here is a sobering article by Kevin Hassett at Bloomberg. Greece’s Bailout Heroes arrive in Leaking Boats Those countries coordinating the $1Trillion bailout of Greece find themselves in similar trouble. Continue Reading...

On the ‘edge of the abyss’

From the Greek daily Kathimerini: Witnesses said that protestors marching past the building ignored the bank employees’ cries for help and that a handful even shouted anti-capitalist slogans. [ … ] It took a statement from President Karolos Papoulias to best sum up Greece’s dire situation and the frustration that many people are feeling with the political system. Continue Reading...

Re: Die Hard — The Welfare State

News reports today on the Greek debt crisis are packed with scary terms like “implosion” and “financial doomsday” and “ebola” and “contagion.” The anxiety has ratcheted up considerably this week, and not just for EU heads of state but also for President Obama. Continue Reading...