As the US prepares to launch an attack in Syria, against the Assad regime which allegedly used chemical weapons against its own citizens, the debate has focused mostly on tactics and ethics rather than strategy. The British parliament decided against joining the Americans principally on the, rather sensible and practical,...
Category: Europe
Greece and Europe: a troubled relationship
http://www.slideshare.net/zarkadakis/greece-and-europe On March 25th 2013 I was invited at the Catholic University of Lille to give a lecture on Greece and Europe (see my slides above). My lecture explored some of the ideas in my Washington Post article. March 25th is Greece's National Holiday commemorating the Uprising against the Ottoman...
Eurozone’s endgame: why Germany will have to ultimately ditch the euro
In 1999, when the euro was created, Milton Friedman famously predicted its demise within the next ten years. It seems that he was wrong only by three years, for everything points to the Eurozone’s dissolution in the coming fall 2012. Let's go back to the beginning of the crisis: Greece,...
Spoiled child goes to the market: two conflicting narratives about the fall of Greece
Are the Greeks the victims of unjust circumstances, or are they sinners for whom paytime is justly at hand? The international discourse about Greece has been debating this question since the beginning of the Greek crisis in 2009. Most economists generally focus on the inherent errors of the euro to...
The end of Europe?
What a fine mess we've found ourselves in! Following a confusing election result and the incapability of Greek politicians to manage a crisis Greece is heading for the Grexit, the exit from Euro. Spain is on the brink of financial meltdown. Hollande braves storms and thunderbolts to fly to Berlin...