Excerpt
Excerpt
Ireland can show Greece a way out of the crisis. Ricardo Hausmann, February 8, 2012, Opinion. "The generosity of the world is again being wasted on Greece. As officials meet in Athens to thrash out the details of the latest bail-out, we must urgently recognize that our approach to understanding the crisis is flawed. Greece has so far been analyzed through either a fiscal or a Keynesian lens. The fiscal view argues Greece can only be fixed by raising taxes, cutting spending and restructuring debt. The Keynesian one says these measures hurt growth and tax revenues..." May require purchase of user account. Link