By James K. Galbraith
during this interesting, insightful, and thought-provoking selection of essays—which contains letters and personal memos to either American and Greek officers, in addition to different formerly unpublished material—Galbraith examines the quandary, its motives, its path, and its that means, in addition to the viability of the austerity application imposed at the Greek citizenry. it's a trenchant, deeply felt statement on what the writer calls “economic coverage as ethical abomination,” and an eye-opening research of a latest Greek tragedy a lot more than the tiny economic system of the kingdom itself.
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Additional resources for Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe
Sample text
1 It was true in 2008–2009, when preventing the imminent collapse of Bank of America, Citigroup, and the others trumped all other US policy concerns. It is obvious that the entire recent thrust of European policy has been to find ways to paper over the problems of Europe’s banks: with phony stress tests, with new loans, with loud talk, with denunciations of profligacy in Greece or anywhere else—with anything except an honest examination of what lies at the heart of the problem. Today Greece—under a resolute government and against heavy internal protest—has met the onerous conditions imposed on it.
SEVENTEEN Long-Term Strategy Through a Realistic Lens EIGHTEEN Strategic Options NINETEEN A Further Message to Sarah Raskin TWENTY The Greek Drama and Democracy in Europe TWENTY-ONE Notes on the Meeting, Varoufakis-Schäuble, June 8, 2015 TWENTY-TWO What Is Reform? The Strange Case of Greece and Europe TWENTY-THREE What Can Happen in the Next Days? TWENTY-FOUR Bad Faith: The IMF and Europe on Greece TWENTY-FIVE Only the “No” Can Save the Euro TWENTY-SIX Nine Myths About the Greek Referendum TWENTY-SEVEN What Is the Matter with Europe?
He was elected with the largest plurality in Greece. 10 It was the evening Parliament was to open with the prime minister’s speech—the Greek equivalent of the queen’s speech or the American state of the union. I made my way through the shabby entrance of the Ministry of Finance and up the rundown elevators to the sixth floor to the minister’s office, a place of no glamour except for a full-on view of Parliament across Syntagma Square. In the minister’s suite that evening there were, apart from two secretaries, no staff, no official computers, and no documents; Wi-Fi would start working the next day.