All Posts Tagged With: "Greece"
The Euro: The Folly of Political Currency
The financial markets continue to surge and collapse based on the latest news from Europe. As of this writing, the big events are Slovakia’s unwillingness to contribute to a bailout fund and the failure of Dexia, a French-Belgian bank with assets of almost $700 billion. As the sovereign debt crisis has intensified in the last [...]
4Jan2012 | Robert P. Murphy | 3 comments | ContinuedGrowing Government Ensures “National Greatness”?
There is widespread belief among politicians, public officials, and pundits that if government doesn’t give us the seeds, nothing will grow. A friend of mine served on our city’s legislative council for eight years. During that time he often heard—in defense of tax-funded business incentives—“If we don’t do something, nothing will happen.” The same belief [...]
21Sep2011 | Arthur E. Foulkes | 6 comments | ContinuedCan America Afford an Empire?
Fiscally speaking, the U.S. government has been running a disorderly house for some time. That makes the fiscal crisis in Greece an uneasy portent for Americans (as Steven Horwitz points out in our July/August issue). Just contemplate some of the numbers. The total federal debt is nearly $13 trillion, $8.6 trillion of which is held [...]
22Sep2010 | Sheldon Richman | 1 comment | ContinuedGreece: The Canary in the U.S. Coal Mine?
With everything that was going on in the U.S. economy this past winter, the beginnings of the crisis facing the Greek economy were certainly easy to miss. As that crisis has now come to full flower, American observers overlook it at their peril: Greece’s problems, and those of other European countries, might well represent a [...]
29Jun2010 | Steven Horwitz | 13 comments | ContinuedWill the New Bailout Save Europe?
While Greece and other European countries have been facing disaster, it is nothing like the disaster that looms because the economic piper has yet to be paid.
12May2010 | William L. Anderson | 5 comments | ContinuedCapitalism and the Zero
John Hood is president of the John Locke Foundation, a state policy think tank in North Carolina, and author of The Heroic Enterprise: Business and the Common Good (Free Press). In traditional discussions of the rise of free-market capitalism, great attention is paid to changes in institutions, technologies, and ideologies. We read the great philosophers [...]
1Dec2000 | John Hood | 1 comment | ContinuedNot Out of Africa by Mary Lefkowitz and Out of America by Keith B. Richburg
Not Out of Africa by Mary Lefkowitz Basic Books • 1996 • xvii + 222 pages • $24.00 Out of America by Keith B. Richburg Basic Books • 1997 • xiv + 257 pages • $24.00 Laurence Vance is an instructor at Pensacola Bible Institute and a freelance writer living in Pensacola, Florida. Has everything [...]
1Mar1998 | Laurence M. Vance | 1 comment | Continued-
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