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I think the Greek are getting much more tolerance for their lack of ability to handle their own financial difficulties. D. Holiday
Commented Dec 13, 2011 on Why is the bankruptcy of the Greek government different from the bankruptcy of California? at Dani Rodrik's weblog
Why is the bankruptcy of the Greek government different from the bankruptcy of California?
The European Union, and the Eurozone in particular, has impressive institutional achievements to its name. We have a European Parliament, European Commission, European Court of Justice, a set of common regulations that exceeded 100,000 last time I checked (acquis communautaire), and of course t...
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