Thursday, November 10, 2011
Jamie Galbraith on the euro crisisJamie Galbraith's piece on the euro crisis reminds me why he's my favorite living economist: The crisis in the Eurozone 11/10/2011. He also organized a conference last week at the University of Texas on the crisis; the papers can be found here: Financial Crisis in the Eurozone.
This is a sample, but read Galbraith's whole column:
The Eurozone crisis is a bank crisis posing as a series of national debt crises and complicated by reactionary economic ideas, a defective financial architecture and a toxic political environment, especially in Germany, in France, in Italy and in Greece. ...Tags: euro, james galbraith
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No subject for immortal verse
That we who lived by honest dreams
Defend the bad against the worse."
-- Cecil Day-Lewis from Where Are The War Poets?
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